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Montgomery AL Real Estate Sales Statistics - May 2010

by The Hat Team

Pending home sales have risen for three consecutive months, reflecting the broad impact of the home buyer tax credit and favorable housing affordability conditions, according to the National Association of Realtors®.

The Pending Home Sales Index rose 6.0 percent to 110.9 based on sales contracts signed in April. This figure is up from 104.6 in March, and is 22.4 percent higher than April 2009 when it was 90.6 and reflects increases of 7.1 percent in March and 8.3 percent in February.

Pending home sales are at the highest level since last October when the index reached 112.4 and first-time buyers were rushing to beat the initial deadline for the tax credit. The data reflects sales contracts and not closings, which usually occur with a lag time of one or two months.

Let's look at May real estate sales to see how the Montgomery AL real estate market is faring.

Montgomery AL Real Estate Sales Statistics - May 2010

Montgomery AL real estate sales statistics for May show pending sales have increased by 2% in 2010 compared to May 2009. The average sales price increased by 21% to $142,430 while sold listings were up by 21% from 2009.  Market times were 2 days less than 2009.

Midtown
Montgomery

Pending
Sales

Sold
Listings

Average
Market Times

Average
Sales Price

May 2010

43

42

85

$142,430

May 2009

42

33

87

$112,384

For the latest Montgomery AL real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Montgomery Homes For Sale: 1754 Wentworth Drive

by The Hat Team

Montgomery Homes For Sale:

1754 Wentworth Drive, Montgomery AL 36106
MLS# 264754 

If you'd rather take a beating than have to move often, you'll love the flexible floorplan of this custom-built home. Two extra bedrooms downstairs allow you to have your children on the first floor with you while they're little. And when they're older, give them the upstairs with its two additional bedrooms plus a computer area. An inground pool with diving board and slide provides a focal point for family fun and the surrounding decorative iron fence provides peace of mind. You can see from the street that this is a lovely, traditional Southern home. And the interior won't disappoint because it offers you a big family room plus a living room that will stay extra-nice for special occasions. What's more, you'll never run out of storage here. Everywhere you turn there's a closet, and a bevy of real wood cabinets fill both the spacious kitchen and the laundry room. And perhaps best of all, moving in will be easy as pie because of all the brand-new upgrades including all new paint, carpet, vinyl and pool liner. And the seller has already done most repairs indicated on the home inspection you may review by clicking on the photo. So check it out and then make it your own!

Learn more aobut 1754 Wentworth Drive and other Montgomery homes for sale by visiting HatTeam.com.

 

Search all Montgomery homes for sale.

 

Montgomery AL Real Estate For Sale: 2440 Price Street

by The Hat Team

2440 Price Street, Montgomery AL 36111
MLS#  253257

Fourplex with huge modern apartments and covered parking in McGehee Estates...a Midtown Montgomery rarity! Each has its own washer-dryer connections, too. And if you wanted to be able to advertise "gated" to enhance market appeal, all you'd need would be a fence and gate across the front courtyard. A real moneymaker in one of the most desired locations.

For more information on this home or other Montgomery AL real estate, visit HatTeam.com or give us a call for more persoanla service, 800-428-5239. Search all Montgomery real estate homes for sale and get the current market value of your home.

 

Montgomery AL Real Estate For Sale: 3163 Malone Drive

by The Hat Team

3163 Malone Drive, Montgomery AL 36106
MLS#

Want easy maintenance, almost no yard, convenient to everything, then come take a look at this townhouse in desirable Hillwood. Very spacious rooms and good flowing floor plan. This house has been painted and is move-in ready. Very light and bright kitchen with breakfast room attached. Large mexican tile patio out back with parking off back alleyway.

For more information on this home or other Montgomery AL real estate, visit HatTeam.com or give us a call for more persoanla service, 800-428-5239. Search all Montgomery real estate homes for sale and get the current market value of your home.

Montgomery AL Real Estate for Sale: 3546 Southview Avenue

by The Hat Team

3546 Southview Avenue, Montgomery AL 36111
MLS#  253230

Looking for a great house and awesome lot in desirable Edgewood that you can buy for a song and renovate to your taste and style...here it is! Wonderful large scale living room and dining room with high ceilings and perfect for entertaining. Off the galley style kitchen is a cozy den with built-ins and cool corner fireplace. Large master has fireplace and double closets, and like newer houses, is separate from the other 3 bedrooms. Two bedrooms share a bath, and there is a third hall bath for the front bedroom. Tons of storage space in the attic, or room to expand upward with even more living space! Don't miss the huge 350 foot deep lot with full fence and lots of privacy. Detached 2 car garage provides additional storage. Go in with an open mind and see the potential this home has to be truly extraordinary!

For more information on this home or other Montgomery AL real estate, visit HatTeam.com or give us a call for more persoanla service, 800-428-5239. Search all Montgomery real estate homes for sale and get the current market value of your home.

Montgomery AL Real Estate Market Trends

by The Hat Team

Little change is expected in Montgomery AL real estate sales of existing homes over the next few months, before notably improving during the second half of the year, according to the latest forecast by the National Association of Realtors.

 

Lawrence Yun, NAR Chief Economist, said the market will come into clearer focus this summer.  “Existing home sales could start to show a sustained increase within a few months, unless there are some additional economic problems or excessive inflationary pressure,” he said.  “The wider access to affordable credit should increase sales activity notably this summer as pent-up demand begins to be met.”

 

Let’s take a look at the midtown Montgomery AL real estate market activity for this March to see how the spring is looking so far: 

  

The Midtown Montgomery market experienced a slowdown in activity this March, when compared with March 2007.  Pending sales were down by 43%, while sold listings decreased 15%.  Average market times decreased by 5 days and the average sales price decreased by 10% to $129,629

Midtown
Montgomery

Pending
Listings

Sold
Listings

Average
Market Times

Average
Sales Price

March 2008

41

97

97

$129,629

March 2007

72

54

102

$144,782

A decline both in the number of homes for sale and the length of time it's taking to sell them should indicate that we are at or near the bottom of our "small dip" in activity.

 

Now is a great time to buy or sell Montgomery AL real estate.  To get started looking at homes, please visit HomesForSaleInMontgomeryAlabama.com or search the MLS here.  For more personalized service, please call me at 800-HAT-LADY.


I
nformation is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed. 

Montgomery AL Home Improvements Go Green

by The Hat Team

With spring right around the corner, many Montgomery homeowners are starting to plan home improvement projects to spruce up their property.  There is an overwhelming number of options when it comes to “green” upgrades available for your home – so how can you figure out exactly what changes you can and should make? This article from RealEstateJournal.com details five ways homeowners can add “green” upgrades, saving money and increasing their property’s value at the same time.  Below is the list of suggestions; check out the article for full descriptions of each item:

  • Washers that save energy and water
  • Toilets that conserve water
  • No-VOC paints
  • Smart thermostat applications
  • Low-flow faucets and showerheads

To learn more about owning a Montgomery AL home or Montgomery AL real estate, please visit HomesForSaleInMontgomeryAlabama.com, or call me at 800-HAT-LADY.  You may also begin searching homes here.

2301 Plum Street, Montgomery AL 36107

by The Hat Team

Great starter home or investment property. Has covered patio, carport, and detached storage building. Currently lease until 4/30/08 for $585/mo.

For more information, visit our website, HatTeam.com and click here to search all Montgomery homes for sale.

Preventing Identity Theft In Midtown Montgomery

by The Hat Team

Identity Theft

Victims of Identity theft spend more than 175 hours remedying the damage to their credit.

We don't want this to happen to you!

Get your FREE Identity Theft Prevention and Response Manual.

To learn all about Montgomery AL real estate, visit our website, HatTeam.comYou may also begin searching for Montgomery AL homes here.

Record August For Alabama Auto Makers

by The Hat Team

Alabama auto makers experienced record sales in August despite all the doom and gloom reported about the auto industry world wide. Read the full story...

Our Alabama local auto industry is strong and so is Alabama real estate. It is a great time to buy a home or investment property in Montgomery AL. You can view all Montgomery homes for sale by visiting our website, HatTeam.com.

Interested in a list of new homes for sale as they hit the market? Go to EmailMontgomeryAlabamaHomes.com.

Displaying blog entries 131-140 of 141

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