Home Sale Activity in Alabaster Alabama May 2008

Real Estate Agent with Coldwell Banker Preferred Properties

Home sales in Alabaster Alabama remain stable with 52 homes closing in both April and May of 2008. The average salesprice in Alabaster was $194,978 with sales ranging from $72,900 for remodeled 2 bedroom, 1 bath home near downtown to $445,000 for a 4 bedroom, 3.5 home in the equestrian community of Saddle Lake Farms.  The average days on the market for sold properties was 68.46.  Inventory continues to increase and currently there are 454 properties on the market which represents an 8.69 month supply.

Looking for a new home?  Search for a home in Alabaster, Alabama or the Greater Birmingham Area at my website www.ToniBird.com.


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James Wexler
wexzilla.com - Scottsdale, AZ


Great piece.  I enjoy following different markets to see in particular how inventory is moving.  In AZ the situation is getting worse.  When do you see the numbers getting better or at least stabilizing? 

by the way, Do you have an outside blog that I can add to my Blogroll ?

Thanks and look forward to reading your thoughts on the world of real estate.

Jun 18, 2008 10:24 AM #1
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