I came across an article from the Birmingham Herald newspaper this morning. The story reported statistics from the University of Alabama Real Estate Center. According to the Real Estate Center, home sales across Alabama increased 14 percent in May compared to the prior month. Sales last month, however, fell 22 percent compared to a year ago. In Mobile County the number of sales increased 20% over the numbers reported in April and the decrease in the number of sales from last year was only 7%. In Baldwin County, the May number of sales increased 26% from April and the decrease was 16% for the year.
Other statistics from the Real Estate Center for May:
- 4,569 homes sold across Alabama
- Median sales prices rose 1 percent to $130,724 from a year ago
- Average selling price rose 4 percent to $165,428.
No comments:
Post a Comment