Midtown Montgomery Real Estate Market Update for July 2016
Tuesday, August 16, 2016
Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin.
What’s more, 58 percent of home owners believe sellers have more power than buyers in the market right now. Redfin researchers note this is nearly the highest level of seller confidence they’ve recorded.
Take a look at how many sellers successfully sold their homes in July…
Midtown Montgomery Real Estate Market Update
Midtown Montgomery real estate sales statistics for July 2016 show the number of homes sold increased 10.81%. The average sales price decreased by 12.62%. The median sales price decreased by 30.31%. Market times dropped by 19 days.
Midtown Montgomery real estate sales statistics for July 2016 show the number of homes sold increased 10.81%. The average sales price decreased by 12.62%. The median sales price decreased by 30.31%. Market times dropped by 19 days.
| Midtown Montgomery | July 2016 | July 2015 |
| Homes Sold | 41 | 37 |
| Average Selling Price | $122,888 | $140,631 |
| Median Selling Price | $89,900 | $129,000 |
| Days On The Market | 118 | 137 |
| Highest Selling Price | $490,000 | $620,000 |
| Lowest Selling Price | $7,001 | $5,100 |
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.
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