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 REALTORS® Releases Alabama Economic and Real Estate Report for February 2023

Alabama REALTORS® Releases Alabama Economic and Real Estate Report for February 2023

According to the February 2023 report, 6,974 homes were sold across the state in February, a 22.3% decline from February 2022. This marks the slowest February market the state has seen ...
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 Alabama Home Sales Continue to Slow in January

Alabama Home Sales Continue to Slow in January

Alabama home sales continued to slow in January, according to the latest Alabama Association of REALTORS® (AAR) Alabama Economic and Real Estate Report. Learn what factors are impacting the market.  ...
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 Alabama REALTORS® Releases Alabama Economic and Real Estate Report for January 2023

Alabama REALTORS® Releases Alabama Economic and Real Estate Report for January 2023

The statewide real estate market continued to slow down in January due to high inflation and unemployment rates. Learn the key takeaways from our economists about Alabama's current housing market.  ...
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Alabama REALTORS® Releases Alabama Economic and Real Estate Reports

Alabama REALTORS® Releases Alabama Economic and Real Estate Reports

The Alabama Association of REALTORS® (AAR) announced today the release of a statewide market statistics report, the Alabama Economic and Real Estate Report. With this announcement comes the release of two issues, ...
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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