Real Estate Update (1 viewing) (1) Guest
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TOPIC: Real Estate Update
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Real Estate Update 3 Years ago
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The Birmingham Association of Relators has shared these numbers with the Birmingham Agents.
Total home sales in December 2008 were 32% behind December 2007. The average price in December 2008 was 9% lower than December 2007. The median price was down 12.5%.[/i]
There were 432 homes sold in the 35007 zip code from January 1, 2008 thru December 31, 2008. While 48 of the 432 homes sold in 2008 were located in the Weatherly Subdivision. These numbers are based on information drawn from the MLS service.
GOOD NEWS!
SmartMoney Magazine (November 2008 issue) listed Birmingham as the number 2 market in a survey of 25 American cities "ready to rebound".
I hope this is helpful information to all homeowners.
Sonia Coleman
Keller Williams Realty-Metro South
205-567-6556
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Re:Real Estate Update 3 Years ago
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Sonia, thank you for sharing this information. Very interesting.
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