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
2024 Annual Report
- Alabama had 62,539 home sales in 2024, a decrease of 13,719 sales from the previous year.
- The median sales price increased by $793 to $216,744, reflecting a 0.4% increase from 2023.
- The sold volume in in 2024 was $14.5 billion, a decrease of $3.4 billion from 2023. This is approximately a 19% decrease.
- The 16,959 average active listings in 2024 are an increase compared to the 11,951 of 2023. This is the highest average in five years.
- There were 5,524 foreclosures in 2024 representing a 6.1% increase compared to the 5,205 foreclosures in 2023.
2024 Reports
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.
News Releases
![Alabama Real Estate Report For December Shows Traditional Seasonal Slowing Offers Opportunities For Homebuyers](http://assets.caboosecms.com/posts/12317_large.jpg?1737487365)
Alabama Real Estate Report For December Shows Traditional Seasonal Slowing Offers Opportunities For Homebuyers
January 21, 2025
![Alabama Real Estate Report for November Offers Good News for Both Home Buyers and Home Sellers](http://assets.caboosecms.com/posts/12227_large.jpg?1734731185)
Alabama Real Estate Report for November Offers Good News for Both Home Buyers and Home Sellers
December 20, 2024
![Affordability and Inventory Remain Steady Amidst Slowdown in Alabama’s Housing Market](http://assets.caboosecms.com/posts/11952_large.jpeg?1732654625)
Affordability and Inventory Remain Steady Amidst Slowdown in Alabama’s Housing Market
November 22, 2024
![Recent Fed Rate Cut Brings Positive News as Alabama’s Housing Market Cools but Remains Strong](http://assets.caboosecms.com/posts/11697_large.jpg?1727213783)
Recent Fed Rate Cut Brings Positive News as Alabama’s Housing Market Cools but Remains Strong
September 23, 2024
All inquiries regarding the Economic and Real Estate Report may be directed to:
Abby Wilson, Director of Marketing
abby@alabamarealtors.com | 334-386-5645