Alabama Economic and Real Estate Report

The Alabama Economic and Real Estate Report is a monthly statistics report produced by the Alabama Association of REALTORS® and their team of economists. The numbers and figures in this report are drawn from numerous government and proprietary data sources and represent best estimates at the time of release. As new data emerges, Alabama REALTORS® may, from time to time, update these figures to reflect more recent information.

 
 

Key Takeaways from the Most Recent Report

November 2024 Report 

  • Alabama had 5,168 home sales in November,an increase of 5.9% month-over-month and a decrease of 2.5% year-over-year, breaking a trend of three consecutive months of declining sales.
  • The median sales price rose by $6,093 from last year to $221,111. This is an increase of 0.4% month-over-month and 2.8% year-over-year.
  • The sold volume in November was $1.24 billion, marking a 19.2% increase from the previous month and of 2.48% from last November.
  • The 19,272 active listings at the end of November represent a 0.30% monthly decrease and an increase of 28.0% compared to the 15,055 one year ago.
  • The 416 foreclosures in November represent a 3.7% monthly decrease and a 22.2% annual decrease.
 

2024 Reports

 
Market Stats October2024
 

October

 
Market Stats August2024 Cover
 
 
Market Stats July2024
 
 
Market Stats June2024
 
 
Market Stats May2024
 
 
Market Stats Apr2024 Cover
 
 
Market Stats Mar2024 Cover
 
 
 
 

2024 Fast Stats

Help your clients by providing them with easy-to-understand, current economic information. We’ve made doing that easy by offering fast stat graphics that are ready for you to download and share! Feel free to share these graphics however you'd like: on social media, in meetings, and directly with clients!

Click on each graphic below to download.

 
November 2024 Fast Stats
Market Stats October2024 Social
Market Stats September2024 Social
Market Stats August2024 Social
Market Stats July2024 Social
Market Stats June2024 Social
Market Stats May2024 Social (2)
Market Stats Apr2024 Social
Market Stats Mar2024 Social
Market Stats Feb2024 Social
Jan 2024 Fast Stats
 
 
 

News Releases

Affordability and Inventory Remain Steady Amidst Slowdown in Alabama’s Housing Market

Affordability and Inventory Remain Steady Amidst Slowdown in Alabama’s Housing Market

According to the October 2024 Alabama Economic and Real Estate Report, the state’s housing market slowed in October with fewer home sales being attributed to rising mortgage rates and seasonal trends, but ...
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Alabama’s Housing Market Cools, but Rising Listings and Supply Boost Buyer Opportunities

Alabama’s Housing Market Cools, but Rising Listings and Supply Boost Buyer Opportunities

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Recent Fed Rate Cut Brings Positive News as Alabama’s  Housing Market Cools but Remains Strong

Recent Fed Rate Cut Brings Positive News as Alabama’s Housing Market Cools but Remains Strong

According to the August 2024 Alabama Economic and Real Estate Report released on Friday by the Alabama Association of REALTORS®. Learn more below.
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Alabama’s Real Estate Market Continues to Shine in July with Rising Sales and Strong Economic Performance

Alabama’s Real Estate Market Continues to Shine in July with Rising Sales and Strong Economic Performance

The July 2024 Alabama Economic and Real Estate Report released on Tuesday by the Alabama Association of REALTORS® revealed a continued robust performance in the state’s housing market.
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Alabama’s Housing Market Continues to Grow and Flourish in June

Alabama’s Housing Market Continues to Grow and Flourish in June

According to the June Economic and Real Estate Report, home sales across the state sustained their fifth consecutive month of growth, signifying a strong recovery from the lows at the start of ...
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All inquiries regarding the Economic and Real Estate Report may be directed to:
Abby Wilson, Director of Marketing
abby@alabamarealtors.com | 334-386-5645