As reported by Dawn Kent this week from the Birmingham News, home sales were up in June when compared to May across alabama. The sales totaled 3,766 last month, which is a steep 12% increase from May's sales. What's most interesting about this figure is that the last 5 years have shown the average increase from May to June to be only about 3-4%.
Dawn's report noted that on top of the increase in monthly sales, the average prices also rose to $147,546 in June. Overall most of Alabama's major areas showed improvements, including Birmingham which had more than a 14% gain in home sales when compared to May. This obviously comes as welcomed news for those shopping for new homes for sale in Hoover and Birmingham.
Click here to read Dawn Kent's full article on AL.com