Home Sale Activity Oak Mountain February 2009

By
Real Estate Agent with Coldwell Banker Preferred Properties

 

The Oak Mountain area for the most part, includes property between I-65 and Hwy 280 in North Shelby County. Some property is within the Hoover City limits and other is in unincorporated Shelby County. This area, which possesses many homes in the million plus category, had 40 closed sales in the month of February - up from only 32 in the month of January. 

The average sales price was $326,890. Prices ranged from $102,500 for a 2 Bedroom, 2 Bath condo at Horizon (where there are currently 18 others homes for sale ranging from 89,000 to 136,900) to $790,000 for a 5BR, 5.5 Bath home in Highland Lakes. The average days on market for the sold homes was 104. Currently there are 666 homes on the market which reprresents a 16 month supply.

With the warm days of March, we typically see an increase in buying activity. Are YOU Looking for a new home?  Search for a home in the Greater Birmingham Area at my website www.ToniBird.com. When you see the ones you like, give me a call and I'll be happy to show them to you.

 

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