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 Vestavia 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: 902
Average Price: $477,663
Median Range: $370,000
2006
Listed Properties: 870
Average Price: $462,732
Median Price: $349,763
2007
Sold Properties: 494
Average Price: $430,586
Median Price: $345,000
Average Days on Market: 94
2006
Sold Properties: 477
Average Price: $403,963
Median Price: $331,000
Average Days on Market: 86
If you would like to be contacted as soon as homes become available in the Vestavia 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 Vestavia Home may be worth or to search all of the homes for sale in Vestavia and all its communities visit VestaviaHomeSearch.com
Learn more about Vestavia at Vestavia Hills Alabma Real Estate Guide and Community Tour, an earlier post giving a brief history and video of the Vestavia Hills area.
*Note these stats are accurate as of 1/11/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.
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