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
February 2024 Report
- Alabama had 4,710 home sales in February. This is a decrease of 2,753 sales compared to February of last year.
- The median sales price decreased by $326 compared to a year ago to $200,324. This is an annual decrease of 0.2%.
- The sold volume was $1.0 billion in February, a decrease of $0.8 billion from last February. This is a 44.4% annual decrease.
- The 14,090 active listings at the end of February mark an increase of 26.9% compared to the 11,104 one year ago.
- The 507 foreclosures in February represent a 30.3% year-over-year increase. It is a 1.7% decrease in foreclosures since last month.
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’s Housing Market Decline Continues in the New Year
February 23, 2024
Alabama’s Housing Market Followed National Decline in 2023 According to Annual Report
February 5, 2024
Alabama’s December Housing Market Sees Increases in Key Areas Despite Continued Sales Decline
January 23, 2024
November Data Suggests Alabama’s Housing Market Is Poised to Rebound in 2024
December 21, 2023
Alabama’s Real Estate Market Remains Down In October, But Declining Interest Rates Offer Hope For Future Rebound
November 21, 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