Fri, September 5th, 2008
ZIP CODE 35242 MARKET UPDATE

The following is to keep you informed about Birmingham’s over-the-mountain real estate market in zip code 35242.  This area comprises Liberty Park to the north to Highland Lakes on the south: 

Total active listings as of September 5, 2008:  817 homes

Active by price range:

$100,000 - $200,000:  59 homes

$200,000 - $300,000:  228 homes

$300,000 - $400,000:  136 homes

$400,000 - $500,000:  112 homes

$500,000 - $600,000:  66 homes

$600,000 - $1,000,000:  142 homes

Over $1,000,000:  69 homes

Total number of active foreclosures:  23 homes

Pending Sales:  66 homes

Year to Date Closed Sales 2008:  661 homes

Year to Date Closed Sales this time Last year:  837 homes 

Low:  $145,000

Median:   $305,500

Average:   $379,059

High:  $1,558,014

Days on Market:  86

Average sold month of August:  71 homes

Low:  $130,000

Median:  $330,000

Average:  $393,769

High:  $1,837,000

Days on Market:   62

The preceding information is generated directly from the Birmingham Multiple Listing Service and does not include for sale by owner sales and rental property:  This information is deemed accurate but is not guaranteed. 

Posted by Christina Rickey at 02:57 | Permalink |