Central Alabama Market Update

Central Alabama Market Update

In December 2021, our local market saw 730 sales. The average sales price was $229,740. The average days on the market came in at 54.

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 44 homes available.

Montgomery County has 277 homes available.

To put those numbers in perspective, in the last 30 days, Montgomery county sales totaled 502. That equals about 2 weeks 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.

Montgomery Area Monthly Supply of Homes Available

Below you will find more detailed analysis of the data.

Wondering what your home is worth???? CLICK HERE

Post a Comment