October 2023 Membership Report

October 2023 Membership Report

Statewide Membership

October has shown strong growth with statewide REALTOR® membership reaching 19,1021, an increase of 526 members, a 2.83% increase since the end of October last year. 

Overall year-over-year growth, which previously included all affiliate members, experienced a slight decline in October of 2023, with a decrease of 322 members, representing a 1.64% decrease since the end of October last year. Despite this dip, membership remains steady at 19,3531.

 
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Local Membership

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

 

Medium Boards

  • Calhoun County Area Board: 8.24%
  • Cullman Association: 12.82%
  • Marshall County Board: 10.22%
  • Walker Area Association: 30.60%

Small Boards

  • Eufaula Board: 16.33%
  • Talladega Board: 33.33%
Membership Report   Medium & Small Boards (2)
 

National Membership

According to the NAR Membership Report2, NAR has a total of 1,578,077 members. For states in the medium category, Alabama had the fourth highest year-over-year membership growth for a total of 0.79%. 

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

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