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. 

With this being the end of the year, I chose this month to do a Year in Review. 

2007
Listed Properties: 996
Average Price: $335,817
Median Range: $295,000 

2006
Listed Properties: 1,520
Average Price: $347,253
Median Price: $301,300 

2007
Sold Properties: 1,423
Average Price: $354068
Median Price: $310,000
Average Days on Market: 93 

2006
Sold Properties: 1,573
Average Price: $345,327
Median Price: $301,000
Average Days on Market: 84 

If you would like to be contacted as soon as homes become available in the Hoover 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 Hoover Home may be worth visit HooverHomePrices.com, or to search all of the homes for sale in Hoover and all its communities visit HooverHomeSearch.com

You can also find all the Birmingham Alabama Real Estate stats here on Your Guide To Living In Greater Birmingham

Learn more about Hoover at Hoover Alabama Real Estate Guide and Community Tour, an earlier post giving a brief history and video of the Hoover 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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Stephen Wolfe & Jason Secor

Living In Greater Birmingham

Your Guide To Living In Greater Birmingham