With so much media coverage about "the state of the real estate market" being broadcast, we chose to start doing a now and then segment to show how the market has changed from one year to the next. As we have always stated that as a homeowner, potential resident, potential seller, or as a real estate consultant, we think it is always important to know the stats about what is happening with Mountain Brook AL Real Estate.
In January 2007, there were 56 properties listed during the month. The average price was $679,312 and the median price was $549,950. The listed price range was $320,000-$2,100,000.
In January 2008, there were 40 listed properties during the month. The average price was $964,510 and the median price was $589,500. The listed price range was $249,900-$5,800,000.
In January 2007, there were 25 sold properties. The average price was $760,180 and the median price was $500,000. The price range was $275,000-$3,126,000 with 148 average days on market.
In January 2008, there were 12 sold properties. The average price was $566,417 and the median price was $582,500. The price range was $256,000-$1,150,000 with 104 average days on market.
If you would like to be contacted as soon as homes become available in the Mountain Brook area just let me know, or if you would like to see statistics about other areas, don't hesitate to ask.
You can actually search all of the active homes as of 2/7/08 if you click below at...
Active Properties up to $600,000
Active Properties $600,000 and up (to $5,800,000)
To see how much your Mountain Brook Home may be worth visit MountainBrookHomePrices.com
To search all of the homes for sale in Mountain Brook and all its communities visit MountainBrookHomeSearch.com
*Note these stats are accurate as of 2/15/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.
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