Sold Homes Helena Alabama January 2010
What is the real estate market like in Helena Alabama? We saw that 15 homes sold in Helena during January. This was down slightly from the 18 that sold in December and up one from the 14 that sold in January '09. Prices ranged from $65,225 for a 3 Bedroom 1 Bath home on HWY 13 that was a foreclosure to $327,000 for a 4 Bedroom 3 Bath home in Riverwoods. Three homes were new construction. Seven were foreclosed properties. All properties were single family detached houses - no townhomes sold in January.
The average sale price was $182,318 and the median price was $160,952. Homes Sold for an average of 97.06% of list. This was the highest list to sale ratio since August and very strong compared to other parts of the city. So the next time someone says you should bid LOW on a property - you can say NOT in Helena Alabama because the sold homes are going for 3% below list - not 20%!
Inventory remains consistent with 221 properties on the market as of today. Given the 15 homes sold in January, this reflects a fourteen month supply of homes. Homes range in price from 93,700 for a townhome in Rocky Ridge to $995,000 for an estate on 7 acres on the Cahaba River. Wow, what a property located in Environs Park.
Thinking about Buying A Home in Helena, Alabama? Begin your search on the web at my website. You can see all available listings in the Birmingham area. Scroll down until you see Helena under Location. Or check out another part of town - all other homes in the Birmingham area can also be found here. If you see a home that interests you, let me know. As a realtor in Birmingham, I can make an appointment and show you any home. When you are ready give me a call.