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.

March 2024 Report 

• Alabama had 4,976 home sales in March. This is a decrease of 2122 sales compared to March of last year.
• The median sales price decreased by $2,750 compared to a year ago to $202,883. This is an annual decrease of 1.3%.
• The sold volume was $1.1 billion in March, a decrease of $0.6 billion from last March. This is a 35.3% annual decrease.
• The 14,587 active listings at the end of March mark an increase of 33.5% compared to the 10,927 one year ago.
• The 502 foreclosures in March represent a 27.1% year-over-year increase. It is a 1% decrease in foreclosures since last month.

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.

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