Home Sales - Hoover Alabama
Hoover, Alabama - had lots to cheer about as the Hoover High football team took the 6A State Championship in December 2009. And, that same weekend we got a dusting of SNOW!!
What was the Real Estate market like in December 2009? Well with all that football, snow, and shopping for Christmas, home sales were a little on the slow side. There were 63 homes that SOLD in December 2009. This was down from the 91 that sold in November, but above the 51 that sold in December of 2008. The average sales price of Sold Homes was $260,694 with homes selling for an average of 97.60% of list. Prices ranged from $107,000 for a townhome in Ridge Park - off of Rocky Ridge Rd, to $629,900 for a 5 Bedroom 3.5 Bath on Grand Avenue in Ross Bridge. Nine sales were townhomes or condos, 8 homes sold in Trace Crossings, 8 sold in Lake Cyrus and 10 sold in Ross Bridge. Sold homes were on the market an average of 131 days.
How did 2009 compare with 2008?
988 homes SOLD in 2009 vs 1071 in 2008
Total Dollar Volume in 2009 was $258,662,297 vs $299,374,202 in 2008
Average Sales Price was $261,803 in 2009 vs 279,527 in 2008
Median price was 241,555 in 2009 vs 253,000 in 2008
Average Days on Market for Sold Homes was 105 in 2009 vs 72 in 2008
Numbers for 2009 were down from 2008, however, if we look at monthly sales for the last 3 months of the year, we'll see, more homes sold in the 4th quarter of 2009 than the 4th qtr of 2008 - this means, things are picking up. Pending Sales numbers are strong and I expect January numbers to look much better than Januarry of '09.
October 2008 - 58 October 2009 - 81
November 2008 - 33 November 2009 - 91
December 2008 - 51 December 2009 - 63
If you would like to see what is available for sale in Hoover, Alabama, click on my website. By checking Hoover under "Location" you can see everything Hoover has to offer.
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