tuscaloosa alabama: Tuscaloosa (West Alabama) February Housing Stats
- 03/17/09 11:48 AM
Tuscaloosa Real Estate MLS February 2009 Real Estate Statistics # of Homes Sold: 83 New Const Sold: 24% (20 Homes) Condos Sold: .01% (1 Units) Condos Active: 14% (253 Units)Ave Days on Market: 152 Avg Selling Price: $184,344 Median Selling Price: $145000# of Homes on Market: 1803 New Const. Active: 19.6% (354 Homes) For up to date date for the Tuscaloosa Real Estate Market visit www.chriswlee.com
Total Sales: The increase in Tuscaloosa sales by 8% from the prior month(Jan) is consistent with historic and seasonal sales trends between the two periods. In comparison, the 5-year average(04-08) increase in sales from Jan to Feb is 17%.
The increase in Alabama sales (0 comments)
tuscaloosa alabama: Tuscaloosa Alabama Ranked 4th in home price increases
- 02/27/09 09:45 AM
While average home prices in the US fell 8.2%, Tuscaloosa had a rise in prices of 4.84%. Robert Brooks, an economics and finance professor at the University of Alabama, contributed the housing market to the areas diversity of industry and fiscally well-run local government. "Look at the financial management of Tuscaloosa County compared with Jefferson County up the road. It is quite a contrast," he said. Jefferson County is on the verge of filing the largest municipal bankruptcy in U.S. history because of its inability to pay bondholders who financed the county's multibillion-dollar sewer system update. The Birmingham-Hoover metro area, which (1 comments)