If gas prices are getting you down, then Homewood Alabama is a great place to live. Just 5 minutes from Bedroom to Downtown Birmingham, you will save lots of dollars commuting to work. Here you will find a variety of residences with several condos and townhomes priced below 100K to quaint neighborhoods with sidewalks priced up to 1 million.
The Real Estate market in Homewood appears to have stabilized. In July we had 43 closings, up one from June at 42. The average salesprice was up a bit from $250,977 in June to $265,736 in July. A year ago the average salesprice was $280,040. Sales ranged from $79,900 for a 1 Bedroom 1 Bath condo at Woodland Village to $578,000 for a 4 Bedroom, 3.5 Bath in Hollywood. The median price was $230,000. Currently there are 353 Homes on the market which represents an 8.2 month supply (down from 15 in October ‘07).
If you would like any specific information about YOUR neighborhood, or to sign up for Hot Breaking News about new listings, call me at 205-821-3312 or send an e-mail to Toni@ToniBird.com.
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