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Midtown Montgomery Real Estate Market Trends - April 2016

Wednesday, May 25, 2016
by The Hat Team

Midtown Montgomery real estate sales statistics for April 2016 show the number of homes sold increased 18.92%. The average sales price decreased by .38% to $152,959. The median sales price decreased by 4.14% from April 2015. Market times increased by 16 days.

Midtown Montgomery April 2016    April 2015
Homes Sold 44 37
Average Selling Price $152,959 $152,387
Median Selling Price $128,450 $134,000
Days On The Market 154 138
Highest Selling Price $515,000 $391,000
Lowest Selling Price $18,500 $14,000


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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Montgomery AL Real Estate Market Trends

Thursday, March 20, 2008
by The Hat Team

The volume of Montgomery AL real estate sales of existing homes is expected to hold steady through late spring, with a gradual recovery during the second half of the year as the mortgage situation improves in high-cost areas, according to the latest forecast by the National Association of Realtors.

 

Lawrence Yun, NAR chief economist, said many buyers have been waiting for higher mortgage loan limits.  “The higher loan limits for both FHA and conventional loans will increase consumer choice and provide greater access to lower interest rate mortgages in high-cost regions,” he said.  “Therefore, a notable rise in home sales can be anticipated in the second half of the year.”

 

Let’s take a look at the real estate sales statistics for February 2008 to see how the market is looking in Midtown Montgomery:

  

The Midtown Montgomery market continued to see a bit of a slowdown in February 2008 when compared against February 2007.  The number of pending sales increased by 6%, while the number of sold listings was 22% lower than in February of 2007.  Homes were on the market for an average of 13 more days than last year, and the average sales price went down 19% to $134,032.

Midtown
Montgomery

Pending
Listings

Sold
Listings

Average
Market Times

Average
Sales Price

February 2008

53

31

101

$134,032

February 2007

50

40

88

$165,071

Spring is a great time to consider buying or selling a home in Montgomery.  If you would like to get more information about Montgomery AL real estate, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.  You may also sign up to receive automated emails of new listings at EmailMontgomeryAlabamaHomes.com!

 

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