Midtown Montgomery Real Estate Market Trends - November 2013
Chase has released its November Market Report reflecting the following trends:
1. Average home prices decreased for each property type in September.
2. Investors increased their share of purchases of damaged REO properties.
3. The housing market continued its seasonal slowdown.
Take a look at sales figures in our local real estate market for October 2013.
Midtown Montgomery real estate sales statistics for October 2013 show the number of homes sold increased by 53% when compared to October 2012. The average sales price increased by 20% to $ 119,488 for the month. The median sales prices increased by 16%, and market times increased by 25 days from October 2012. The highest selling home price increased by 32%, and the lowest selling home price decreased by 74% from October 2012.
| Midtown Montgomery | October 2013 | October 2012 |
| Homes Sold | 38 | 18 |
| Average Selling Price | $ 119,488 | $ 95,103 |
| Median Selling Price | $ 108,300 | $ 90,500 |
| Days On The Market | 148 | 123 |
| Highest Selling Price | $ 365,000 | $ 250,000 |
| Lowest Selling Price | $ 5,300 | $ 20,700 |
For the latest Midtown Montgomery 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.
