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

July 2023 Monthly Report

  • Alabama had 6,084 home sales in July. This is a decrease of 3,043 sales compared to July of last year.
  • The median sales price decreased by $18,539 compared to a year ago to $228,030. This is an annual decrease of 7.5%.
  • The sold volume was $1.4 billion in July, a decrease of $0.9 billion from last July. This is a 39.1% annual decrease.
  • The 12,259 active listings at the end of July marks an increase of  9.0% compared to the 11,244 one year ago.
  • The 402 foreclosures in July represent a 13.7% year-over-year decrease and a slight decrease in foreclosures since last month.
 

Reports

 

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.

 
July 2023 Fast Stats
June Fast Stats
May Fast Stats
April 2023 Fast Stats[42][9]
March 2023 Fast Stats
Feb Fast Stats
Jan Fast Stats
Market Stat Social Graphics 2023 03 10
Annual 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. 
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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