Midtown Montgomery Real Estate Market Trends August 2016
Midtown Montgomery Market Update
Being a homeowner means that your home is yours – even the things that need fixing. Is a faucet leaking? Are floor boards squeaky? Is a light-switch not working? Those issues are all yours to tackle. But what projects can you do yourself and what ones require the help of a trained professional? Taking on projects yourself can save you time and money. But taking on the wrong projects can lead to unending amounts of stress or end up costing you more money than if you had hired someone in the first place. NAR’s consumer website, HouseLogic.com, lets you know which projects need a seasoned hand and a beginner can undertake.
Take a look at how many families decided to become homeowners in our local market in August…
MIDTOWN MONTGOMERY REAL ESTATE MARKET UPDATE
Midtown Montgomery real estate sales statistics for August 2016 show the number of homes sold increased 5.26%. The average sales price increased by 4.06%. The median sales price decreased by 5.23%. Market times dropped by 47 days.
| Midtown Montgomery | August 2016 | August 2015 |
| Homes Sold | 40 | 38 |
| Average Selling Price | $161,464 | $155,167 |
| Median Selling Price | $126,000 | $132,950 |
| Days On The Market | 92 | 139 |
| Highest Selling Price | $750,000 | $790,000 |
| Lowest Selling Price | $6,000 | $7,130 |
For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.
Courtesy of Montgomery AL Real Estate Expert Sandra Nickel.
Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.
