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

October 2024 Report 

  • Alabama had 4,880 home sales in October, marking a 8.6% decrease from the previous month and a 12.8% decrease from last year. 
  • The median sales price decreased by 2.1% month-over-month to $220,196. This is an annual increase of 6.7%.
  • The sold volume was $1.04 billion, down 18.8% month-over-month, representing a 20.6% decrease compared to last September.
  • The 19,329 active listings at the end of October mark a 2.7% increase over last month and a 32.6% increase compared to one year ago.
  • The 432 foreclosures in October represent a 0.7% decrease from the previous month and a 14.5% year-over-year decrease.
 

2024 Reports

 
Market Stats October2024
 

October

 
Market Stats August2024 Cover
 
 
Market Stats July2024
 
 
Market Stats June2024
 
 
Market Stats May2024
 
 
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 October2024 Social
Market Stats September2024 Social
Market Stats August2024 Social
Market Stats July2024 Social
Market Stats June2024 Social
Market Stats May2024 Social (2)
Market Stats Apr2024 Social
Market Stats Mar2024 Social
Market Stats Feb2024 Social
Jan 2024 Fast Stats
 
 
 

News Releases

Alabama’s Housing Market Sustains Three Consecutive Months of Positive Growth

Alabama’s Housing Market Sustains Three Consecutive Months of Positive Growth

According to the Alabama Economic and Real Estate Report, Alabama's housing market has steadily improved in recent months, creating the most favorable conditions buyers have seen statewide in the past few years ...
Read More
Alabama’s Spring Housing Market Continues to See Monthly Increases

Alabama’s Spring Housing Market Continues to See Monthly Increases

According to the March 2024 Alabama Economic and Real Estate Report released by the Alabama Association of REALTORS®, Alabama’s spring housing market remains down year-over-year, but has seen increases in key ...
Read More
Alabama’s February Housing Market Kickstarts Spring Rebound with Increase in Home Sales

Alabama’s February Housing Market Kickstarts Spring Rebound with Increase in Home Sales

According to the February Alabama Economic and Real Estate Report, Alabama experienced its first increase in home sales activity since June of last year.
Read More
Alabama’s Housing Market Decline Continues in the New Year

Alabama’s Housing Market Decline Continues in the New Year

The January 2024 Alabama Economic and Real Estate Report released by the Alabama Association of REALTORS® reveals that the state’s January housing market saw a continued decline.
Read More
Alabama’s Housing Market Followed National Decline in 2023 According to Annual Report

Alabama’s Housing Market Followed National Decline in 2023 According to Annual Report

The 2023 Annual Alabama Economic and Real Estate Report indicates that the state's housing market mirrored a nationwide trend of declining sales during a year characterized by the National Association of REALTORS® (NAR).  ...
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