birmingham al market: Birmingham AL MLS Market
- 03/07/11 11:51 AM
February, 2011 numbers are still being finalized but the Birmingham AL MLS market, as expected, shows improvement from January but a decline from February 2010. Year-to-year, the decline in 2011 from 2010 in units is about 10% and the decline in volume is about 5%. This nominal decline was widely expected due to last year's tax credit induced buyers entering the market. As compared to the previous month, the Birmingham AL MLS market shows an increase in units of about 12% and 11% in volume.
Taking a look at the chart at right gives a clearer picture of the balance between the … (0 comments)
birmingham al market: Birmingham AL MLS Market
- 11/09/10 09:58 AM
October numbers are still being finalized but the Birmingham AL MLS market is again down from the prior year 31% (or more) and down 17% (minimum) from September. Sales dropped a little more than I projected last month but are not doomsday relative to what we've been experiencing over the past 90-120 days. Months of inventory appears headed higher once again as the number of new listings continues to outpace (1) sales, (2) withdrawals and (3) cancellations on a combined basis. With year-to-date sales (units) for 2010 now down 5-6% for the Birmingham MLS market, the focus for realtors in the last two … (0 comments)
February, 2011 numbers are still being finalized but the Birmingham AL MLS market, as expected, shows improvement from January but a decline from February 2010. Year-to-year, the decline in 2011 from 2010 in units is about 10% and the decline in volume is about 5%. This nominal decline was widely expected due to last year's tax credit induced buyers entering the market. As compared to the previous month, the Birmingham AL MLS market shows an increase in units of about 12% and 11% in volume.
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