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

April 2024 Report 

  • Alabama had 5,161 home sales in April. This is a decrease of 1,702 sales compared to April of last year.
  • The median sales price decreased by $8,847compared to a year ago to $198,486. This is an annual decrease of 4.3%.
  • The sold volume was $1.2 billion in April, a decrease of $0.4 billion from last April. This is a 25% annual decrease.
  • The 15,072 active listings at the end of April mark an increase of 37.2% compared to the 10,988 one year ago.
  • The 482 foreclosures in April represent a 23.6% year-over-year increase. It is a 4% decrease in foreclosures since last month.
 

2024 Reports

 
Market Stats Apr2024 Cover
 
 
Market Stats Mar2024 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 Apr2024 Social
Market Stats Mar2024 Social
Market Stats Feb2024 Social
Jan 2024 Fast Stats
 

News Releases

Alabama’s Active Listings Continue to Increase in September

Alabama’s Active Listings Continue to Increase in September

September marked the sixth consecutive monthly increase in active listings, and AAR’s economists anticipate this trend to continue into October. Continue reading to learn more.
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Alabama Home Prices Continue to Rise Despite Sales Slowdown

Alabama Home Prices Continue to Rise Despite Sales Slowdown

Alabama’s August home sales activity decreased relative to last month, marking the second consecutive month of declining sales. Continue reading to learn the key points from August's report.
Read More
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.
Read More
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 ...
Read More
 

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