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.

October 2007
Listed Properties (during the month): 56
Average Price: $466,420 (Median Price: $369,450)
Price Range: $199,000-$1,395,000

October 2006
Listed Properties (during the month): 67
Average Price: $454,387 (Median Price: $342,500)
Price Range: $173,500-$1,925,000

October 2007
Sold Properties: 24
Average Price: $413,781 (Median Price: $309,500)
Price Range: $142,000-$1,350,000
Average Days on Market: 91

October 2006
Sold Properties: 27
Average Price: $452,394 (Median Price: $300,000)
Price Range: $168,500-$2,825,000
Average Days on Market: 65

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.

You can find all the Birmingham Alabama Real Estate stats on Your Guide To Living In Greater Birmingham, or on Birmingham Alabama Real Estate Blog.

*Note these stats are accurate as of 11/19/07 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

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Stephen Wolfe & Jason Secor

Living In Greater Birmingham

Your Guide To Living In Greater Birmingham