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
October 2024 Report
- Alabama had 4,880 home sales in October, marking a 8.6% decrease from the previous month and a 12.8% decrease from last year.
- The median sales price decreased by 2.1% month-over-month to $220,196. This is an annual increase of 6.7%.
- The sold volume was $1.04 billion, down 18.8% month-over-month, representing a 20.6% decrease compared to last September.
- The 19,329 active listings at the end of October mark a 2.7% increase over last month and a 32.6% increase compared to one year ago.
- The 432 foreclosures in October represent a 0.7% decrease from the previous month and a 14.5% year-over-year decrease.
2024 Reports
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.
News Releases
Alabama Housing Market Shows Promise with July Median and Average Sales Prices Increasing to Highest Levels Seen in 2023
August 22, 2023
Alabama’s June Sales Halt Nine Months of Declining Sales
July 21, 2023
Alabama’s Sales Volume Continues to Slow, Home Supply on the Rise
June 20, 2023
Alabama's Housing Market Continues to Slow in April
May 23, 2023
Alabama’s Spring Housing Market in a Unique Position
April 25, 2023
All inquiries regarding the Economic and Real Estate Report may be directed to:
Anna Grace Gamble, Director of Communications
annagrace@alabamarealtors.com | 334-386-5368