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

June 2024 Report 

  • Alabama had 5,423 home sales in June. This is a decrease of 1,154 sales compared to June of last year.
  • The median sales price increased by $2,754 compared to a year ago to $228,970. This is an annual increase of 1.2%.
  • The sold volume was $1.31 billion in June, a decrease of $0.17 billion from last June. This is an 11.3% annual decrease.
  • The 16,549 active listings at the end of June mark an increase of 43% compared to the 11,570 one year ago.
  • The 454 foreclosures in June represent a 12.1% year-over-year increase. It is a 1.7% decrease in foreclosures since last month.
 

2024 Reports

 
Market Stats June2024
 
 
Market Stats May2024
 
 
Market Stats Apr2024 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 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’s May Housing Market Brings Good News for Both Buyers and Sellers

Alabama’s May Housing Market Brings Good News for Both Buyers and Sellers

According to the May 2024 Alabama Economic and Real Estate Report released on Thursday by the Alabama Association of REALTORS®, Alabama’s housing market continues to show improvement.
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Alabama’s Housing Market Sustains Three Consecutive Months of Positive Growth

Alabama’s Housing Market Sustains Three Consecutive Months of Positive Growth

According to the Alabama Economic and Real Estate Report, Alabama's housing market has steadily improved in recent months, creating the most favorable conditions buyers have seen statewide in the past few years ...
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Alabama’s Spring Housing Market Continues to See Monthly Increases

Alabama’s Spring Housing Market Continues to See Monthly Increases

According to the March 2024 Alabama Economic and Real Estate Report released by the Alabama Association of REALTORS®, Alabama’s spring housing market remains down year-over-year, but has seen increases in key ...
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Alabama’s February Housing Market Kickstarts Spring Rebound with Increase in Home Sales

Alabama’s February Housing Market Kickstarts Spring Rebound with Increase in Home Sales

According to the February Alabama Economic and Real Estate Report, Alabama experienced its first increase in home sales activity since June of last year.
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Alabama’s Housing Market Decline Continues in the New Year

Alabama’s Housing Market Decline Continues in the New Year

The January 2024 Alabama Economic and Real Estate Report released by the Alabama Association of REALTORS® reveals that the state’s January housing market saw a continued decline.
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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