Central Alabama Market Update February 2022

Central Alabama Market Update February 2022

In January 2022, the River Region saw 525 sales. The average sales price was $212,751. The average days on the market came in at 60.

In February 2022, the River Region saw 573 sales. The average sales price was $223,837. The average days on the market came in at 57.

This is a prime time to sell your home! Our current inventory numbers are EXTREMELY LOW!! See below:

Elmore County has 59 homes available.

Autauga County has 43 homes available.

Montgomery County has 268 homes available.

To put those numbers in perspective, in the last 30 days, Montgomery county sales totaled 264. That equals about 1 month worth of inventory. This is a historic inventory shortage! As you can see in the graph below, we have gone from around 10 months supply several years ago, to less than 1 currently. Also, below you can see that the median sales price has drastically increased in the last decade.

Montgomery Area Monthly Supply of Homes Available

Montgomery Area Median Home Price

Montgomery Area Days on Market

Montgomery Area Total Sales(Closed)

Wondering what your home is worth???? CLICK HERE or see below.

Call Buck Realty today! "Don't Pass the BUCK"

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