Tuscaloosa Real Estate Market Report gives you a snapshot of how the Tuscaloosa and West Alabama real estate market is doing.
How are we doing in Tuscaloosa?
Tuscaloosa made NAHB/First American Title Insurance Company’s list of improving markets for July 2012! What does that mean for you? It is time to buy. It is also good news for Tuscaloosa real estate sellers. An improving market means a little more interest in the housing market from buyers and, hopefully, fewer days on market for you. With the USDA 100% financing program available for the Cities of Northport and Tuscaloosa for the next 10 months, it is a great idea to go ahead and buy real estate in Tuscaloosa and West Alabama.
Right now, West Alabama homes average 99 days on the market, which is just over three months. That is a good thing! Over six months indicates a slow down, so we are selling homes at a good pace.
Here are MLS statistics for the June 2012 Tuscaloosa and West Alabama Real Estate Market Report:
June 2012 Home Sales
Active Listings: 1628
# Homes Sold: 169
Avg Selling Price: $162,318
Median Price: $142,000