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

2024 Annual Report 

  • Alabama had 62,539 home sales in 2024, a decrease of 13,719 sales from the previous year.
  • The median sales price increased by $793 to $216,744, reflecting a 0.4% increase from 2023.
  • The sold volume in in 2024 was $14.5 billion, a decrease of $3.4 billion from 2023. This is approximately a 19% decrease.
  • The 16,959 average active listings in 2024 are an increase compared to the 11,951 of 2023. This is the highest average in five years.
  • There were 5,524 foreclosures in 2024 representing a 6.1% increase compared to the 5,205 foreclosures in 2023.
 

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.

 
Aar 2024 Annual Social
December 2024 Fast Stats
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

Alabama Real Estate Report For December Shows  Traditional Seasonal Slowing Offers Opportunities For Homebuyers

Alabama Real Estate Report For December Shows Traditional Seasonal Slowing Offers Opportunities For Homebuyers

According to the January 2025 Alabama Economic and Real Estate Report released on Tuesday by the Alabama Association of REALTORS®, the state’s housing market experienced slight decreases in both home sales and median ...
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Alabama Real Estate Report for November Offers Good News for Both Home Buyers and Home Sellers

Alabama Real Estate Report for November Offers Good News for Both Home Buyers and Home Sellers

According to the November Alabama Economic and Real Estate Report, the state’s housing market experienced its first increase in sales numbers in three months, and other data offers good news for both ...
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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.
Read More
 

All inquiries regarding the Economic and Real Estate Report may be directed to:
Abby Wilson, Director of Marketing
abby@alabamarealtors.com | 334-386-5645