homes for sale: Birmingham Alabama Inventory below 2006 level.
- 04/18/12 11:16 AM
Good News Birmingham Alabama Inventory levels are finally to a level that indicates were moving/shifting back to a "Seller's Market". We are not there yet, but the numbers don't lie. Today the active listing count of single family homes is 7608. 808 sold in the last 30 days. so that puts us at about 9 months of inventory, down from 14. Next bit of good news is that absorption rate is climbing steadily. Which means homes are selling faster that new listings are coming on the market. To validate this, prices are beginning to increase. About 4% increase last month. The … (1 comments)
Good News Birmingham Alabama
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