Pelham 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 Pelham AL Real Estate.

In February 2007, there were 62 properties listed during the month. The average price was $272,035 and the median price was $219,950. The listed price range was $129,900-$687,900.

In February 2008, there were 39 listed properties during the month. The average price was $253,413 and the median price was $206,518. The listed price range was $133,900-$849,900.

In February 2007, there were 34 sold properties. The average price was $221,132 and the median price was $187,700. The price range was $51,000-$547,900 with 110 average days on market.

In February 2008, there were 21 sold properties. The average price was $269,213 and the median price was $257,000. The price range was $124,920-$489,900 with 89 average days on market.

If you would like to be contacted as soon as homes become available in the Pelham AL 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 $200,000

Active Properties from $200,000 to $400,000

Active Properties $400,000 and Above

To see how much your Pelham AL Homes may be worth visit PelhamHomePrices.com

To search all of the homes for sale in Pelham and all of the Greater Birmingham Area visit PelhamHomeSearch.com

*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.