Trussville Real Estate Market Statistics 2007 Year In Review

With this being the end of the year, I chose this month to do a Year in Review.

I think it's important as a Real Estate Consultant, as a resident, or a future home buyer or seller in the Hoover Area to know the stats. 

With so much media coverage about "the state of the real estate market" being broadcast, I want to start doing a now and then segment to show how the market has changed from one year to the next. 

2007
Listed Properties: 824
Average Price: $285,491
Median Range: $259,900 

2006
Listed Properties: 1005
Average Price: $274,874
Median Price: $249,900 

 

2007
Sold Properties: 424
Average Price: $260,371
Median Price: $234,950
Average Days on Market: 116 

2006
Sold Properties: 624

Average Price: $246,958

Median Price: $232,000

Average Days on Market: 90 

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. 

*Note these steps are accurate as of 1/11/08 according to Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.