Home Sale Activity - Homewood Alabama November 2009

By
Real Estate Agent with Coldwell Banker Preferred Properties

Just Over the Mountain from Downtown Birmingham, Homewood is a thriving community just a short commute to Birmingham city center.   In Homewood you will find a wide range of properties to choose from - many dating back to the 20's-40's.  Charming neighborhoods with mature trees and nearby parks are the keystone to Homewood's popularity.  For those who like "new" you can find new condo communities such as Soho, Hallman Hill or Broadway, to name a few. 

What is the Real Estate Market like in Homewood, Alabama? We saw 25 homes SELL in the month of November.  This was down from the stronger numbers we saw in the summer, however, MUCH higher than the 15 sales in November of 2008.  Sales ranged from $119,000 for a 2 Bedroom, 2 Bath condo at the Hermitage to $595,000 for a 5 Bedroom 4.5 Bath on Hollywood Blvd.  The average sales price in Homewood, Alabama was $283,662 with the average home selling for 96.10% of list. The average days on the market for the sold homes was 126.  Eight homes sold in Edgewood ranging in price from $155,000 for a 3/2 on Salter to $316,000 for a 4/2.5 on Woodland Drive. 4 units sold in Hallman Hill priced from 342,887 to 458,409. Inventory remains consistent with 344 homes currently on the market.

If you would like to search the internet for Homes For Sale in Homewood Alabama, click here. Under location, Scroll down to Homewood and you'll see everything - real time that is For Sale in Homewood.

 

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