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

 
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.

 
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 Housing Market Shows Promise with  July Median and Average Sales Prices Increasing to Highest Levels Seen in 2023

Alabama Housing Market Shows Promise with July Median and Average Sales Prices Increasing to Highest Levels Seen in 2023

The July 2023 Alabama Economic and Real Estate Report, published by the Alabama Association of REALTORS®, shows that Alabama experienced upswings in both median and average sales prices in July, highlighting ...
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Alabama’s June Sales Halt Nine Months of Declining Sales

Alabama’s June Sales Halt Nine Months of Declining Sales

Alabama’s real estate market experienced a notable turnaround in June, with home sales activity increasing after nine consecutive months of declining sales.
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Alabama’s Sales Volume Continues to Slow, Home Supply on the Rise

Alabama’s Sales Volume Continues to Slow, Home Supply on the Rise

The Alabama Association of REALTORS® (AAR) has published the Alabama Economic and Real Estate Report for May 2023, providing valuable insights into the state's housing market and economic conditions. The May ...
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Alabama's Housing Market Continues to Slow in April

Alabama's Housing Market Continues to Slow in April

Interest rates and economic conditions impact Alabama's housing market as sales slow before spring. Continue reading for a summary of April's report. 
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Alabama’s Spring Housing Market in a Unique Position

Alabama’s Spring Housing Market in a Unique Position

According to the March 2023 Alabama Economic and Real Estate Report released by the Alabama Association of REALTORS®, Alabama’s spring housing market is in a unique position. 
Read More
 

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