Home Sales Pelham Alabama January 2010

Real Estate Agent with Coldwell Banker Preferred Properties

Home Sales Pelham Alabama January 2010


I've just reviewed the reported home sales for Pelham Alabama for January.  As of today, we had 11 homes close last month.  That was down from a healthy 28 home sales in December 2009. 

The average sales price was $141,038 which is the lowest it has been all year.  Prices ranged from $102,500 for a 2 Bedroom, 2 Bath Townhome in Chase Creek to $189,900 for a new home in Perthshire in Ballantrae.  None of the more expensive homes in Ballantrae or Whetherly closed in December - thus a much lower average sales price.  The average days on market for the sold homes was 114.  Four of the 11 sold homes were foreclosures.  Get more detailed information about the Home Sales in Pelham Alabama.

Now that 11 "sold homes" number, which drives the month's supply of inventory to 27 months could make one panic, HOWEVER, there ARE 24 homes in Pending Sale, the majority of which went under contract in January.  List prices for the homes with contracts on them range from $99,900 to $369,900. February Home Sales for Pelham Alabama should well exceed January's number.

What is available for sale in Pelham?  Currently there are 273 homes for sale in Pelham Alabama.  Prices range from $49,900 for a manufactured home in Deer Springs to $779,900 for a lovely home in the Kilkerran section of Ballantrae.  The median list price is $194,500.  I get asked about foreclosures all the time - there are 19 foreclosures for sale in Pelham.Toni Bird Realtor

If you would like to search for active homes for sale, you can see all available listings on my website.  Scroll down until you see Pelham under Location.  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.  Let's make that dream of owning a new home a reality.



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