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 REALTORS® Releases Alabama Economic and Real Estate Report for February 2023

Alabama REALTORS® Releases Alabama Economic and Real Estate Report for February 2023

According to the February 2023 report, 6,974 homes were sold across the state in February, a 22.3% decline from February 2022. This marks the slowest February market the state has seen ...
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 Alabama Home Sales Continue to Slow in January

Alabama Home Sales Continue to Slow in January

Alabama home sales continued to slow in January, according to the latest Alabama Association of REALTORS® (AAR) Alabama Economic and Real Estate Report. Learn what factors are impacting the market.  ...
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 Alabama REALTORS® Releases Alabama Economic and Real Estate Report for January 2023

Alabama REALTORS® Releases Alabama Economic and Real Estate Report for January 2023

The statewide real estate market continued to slow down in January due to high inflation and unemployment rates. Learn the key takeaways from our economists about Alabama's current housing market.  ...
Read More
Alabama REALTORS® Releases Alabama Economic and Real Estate Reports

Alabama REALTORS® Releases Alabama Economic and Real Estate Reports

The Alabama Association of REALTORS® (AAR) announced today the release of a statewide market statistics report, the Alabama Economic and Real Estate Report. With this announcement comes the release of two issues, ...
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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