Mountain Brook Alabama Real Estate Market Statistics: Now and Then March 2008 vs March 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 Mountain Brook AL Real Estate.

In March 2007, there were 69 homes listed in Mountain Brook, AL during the month. The average price was $631,336 and the median price was $549,000. The listed price range was $245,900-$1,650,000.

In March 2008, there were 61 listed homes in Mountain Brook, AL during the month. The average price was $805,810 and the median price was $549,900. The listed price range was $240,000-$2,950,000.

In March 2007, there were 28 sold homes in Mountain Brook, AL. The average price was $633,686 and the median price was $496,000. The price range was $274,000-$2,100,000 with 99 average days on market.

In March 2008, there were 19 sold homes in Mountain Brook, AL. The average price was $679,374 and the median price was $506,000. The price range was $245,000-$1,900,000 with 55 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.

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 4/15/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Related Posts:

1. Birmingham Real Estate: Pelham Market Statistics
2. Birmingham Real Estate: Helena Market Statistics
3. Birmingham Real Estate: Hoover Market Statistics
4. Birmingham Real Estate: Homewood Market Statistics
5. Birmingham Real Estate: Vestavia Hills Market Statistics
6. Birmingham Real Estate: Mountain Brook Market Statistics
7. Birmingham Real Estate: Trussville Market Statistics

Comments

[Cyndee Haydon]

Great wealth of info here for buyers looking to make decisions now - thanks.

[Stephen Wolfe]

Cyndee, our hope and goal is that through education both buyers and sellers can make informed decisions.