Hoover Real Estate Market Statistics February 2008 vs February 2007

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 Hoover AL Real Estate.

In February 2007, there were 190 properties listed during the month. The average price was $385,363 and the median price was $322,075. The listed price range was $136,400-$1,649,000.

In February 2008, there were 194 listed properties during the month. The average price was $379,470 and the median price was $319,900. The listed price range was $99,900-$1,500,000.

In February 2007, there were 86 sold properties. The average price was $311,973 and the median price was $282,206. The price range was $132,650-$989,000 with 92 average days on market.

In February 2008, there were 92 sold properties. The average price was $336,815 and the median price was $297,500. The price range was $128,000-$1,950,000 with 69 average days on market.

If you would like to be contacted as soon as homes become available in the Hoover 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 3/20/08 if you click below at...

Active Properties up to $225,000

Active Properties from $225,000 - $250,000

Active Properties from $250,000 - $275,000

Active Properties from $275,000 - $325,000

Active Properties from $325,000 - $375,000

Active Properties from $375,000 - $475,000

Active Properties from $475,000 - $675,000

Active Properties from $675,000 and above

To see how much your Hoover Home may be worth visit HooverHomePrices.com, or to search all of the homes for sale in Hoover and all its communities visit HooverHomeSearch.com

Learn more about Hoover at Hoover Alabama Real Estate Guide and Community Tour, an earlier post giving a brief history and video of the Hoover area.

*Note these stats are accurate as of 3/20/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.