August 2023 Membership Report

August 2023 Membership Report

Statewide Membership

August has shown strong growth with statewide REALTOR® membership reaching 18,8421, an increase of 370 members, a 2.00% increase since the end of August last year. 

Overall year-over-year growth, which previously included all affiliate members, experienced a slight decline in August of 2023, with a decrease of 458 members, representing a 2.34% decrease since the end of August last year. Despite this dip, membership remains steady at 19,0931.

 
1
 

Local Membership

Alabama REALTORS® is experiencing a steady increase in membership due to substantial growth at seven out of twenty-three boards with double-digit growth at five of those boards. 

 
 

Medium Boards

  • Calhoun County Area Board: 7.63%
  • Cullman Association: 10.43%
  • Lake Martin: 1.16%
  • Marshall County Board: 10.50%
  • Walker Area Association: 30.84%

Small Boards

  • Eufaula Board: 18.75%
  • Talladega Board: 25.71%
Membership Report   Medium & Small Boards
 
 

National Membership

According to the NAR Membership Report, NAR has a total of 1,573,994 members. For states in the medium category, Alabama had the fifth highest year-over-year membership growth for a total of 0.25%. 

 
2
 
 

[1]Alabama Membership Report includes REALTOR®, REALTOR® ASSOCIATES, Institute Affiliates, Affiliates, and Non-Member Salesperson memberships.

[2]Membership numbers are taken from NAR’s Monthly Membership Report and include REALTOR® and REALTOR® ASSOCIATES only.