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Friday, March 19, 2021

Alabama Real Estate in February: Sales Up 15% YoY, Inventory Down 44% YoY

by Calculated Risk on 3/19/2021 09:13:00 AM

Note: I'm posting data for many local markets around the U.S. The story is the same everywhere ... inventory is at record lows.

For the entire state of Alabama:

Closed sales in February 2021 were 5,197, up 14.6% from 4,533 in February 2020.

Active Listings in February 2021 were 9,950, down 44.0% from 17,770 in February 2020.

Months of Supply was 1.9 Months in February 2021, compared to 3.9 Months in February 2020.