Homewood, AL

It is now time to continue our look at the year of market statistics for Birmingham AL Real Estate. As we have always stated that as a homeowner, potential resident, potential seller, or as a real estate consultant, we think it is always important to know the stats about what is happening with Homewood AL Real Estate. For this report we wanted to focus in on Edgewood Real Estate in Homewood, Alabama.

July 2008 Listed Properties

For the month of July there were 18 Newly Listed Edgewood Homes for Sale. The Average Price was $338,018. The Median Price was $299,900.

July 2008 Sold Properties

For the month of July there were 10 Sold homes in Edgewood AL Real Estate in Homewood, Alabama. The Average Price was $267,473. The Median Price was $265000 with 96 Average Days on Market, at 96% of list price.

Currently active as of 8/16/08

Currently there are 86 Active Edgewood Homes for Sale with an Average Price of $363,036. The Median Price is $299,900 with 94 Average Days on Market.

If you would like to be contacted as soon as Homewood AL homes for Sale become available in the Homewood area just let us know. To view our area Homewood AL Real Estate and Community Tour go to www.HomewoodRealEstateChannel.com. For more information about the Homewood Community you can also go to the Homewood Chamber of Commerce

If you would like to be contacted as soon as Edgewood homes for sale become available just let us know or to get up to date market information go to www.EdgewoodHomePrices.com. To view our Edgewood Real Estate and Community Tour go to the Edgewood Real Estate and Community Tour.

*Note these Birmingham AL Real Estate stats are accurate as of 8/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Edgewood Homes for Sale

We are well underway with 2008, and time to continue our look at the year of market statistics for Birmingham AL Real Estate. As we have always stated that as a homeowner, potential resident, potential seller, or as a real estate consultant, we think it is always important to know the stats about what is happening with Homewood AL Real Estate.

July 2008 Listed Properties

For the month of July there were 66 Newly Listed Homewood Homes for Sale. The Average Price was $346,014. The Median Price was $319900.

July 2008 Sold Properties

For the month of July there were 38 Sold homes in Homewood AL Real Estate. The Average Price was $277,033. The Median Price was $255000, with 97 Average Days on Market at 96% of list price.

Currently active as of 6/8/08

Currently there are 334 Active Homewood Homes For Sale with an Average Price of $375,855. The Median Price is $345000, with 122 Average Days on Market.

Read Also: Birmingham Alabama Real Estate 2006 vs 2007

Read Also: Birmingham Alabama Homes for Sale and Community Overviews

If you would like to be contacted as soon as homes become available in the Homewood area just let us know. To view our area Real Estate and Community Tour go to www.HomewoodRealEstateChannel.com. For more information about the Homewood Community you can also go to the Homewood Chamber of Commerce.

*Note these stats are accurate as of 8/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.

Located in Jefferson County and sitting across from Shades Mountain, Homewood, Alabama, was incorporated in 1926. Homewood came into existence with the combination of Edgewood, Rosedale, and Oak Grove. Hollywood, a fourth community joined Homewood later.

Like many other places across the Birmingham area on Friday nights in the fall, Homewood begins to buzz about high school football. You will find in Alabama, that high school football is a source of pride.

Homewood High School in the one high school in the Homewood School System, so they want to stand tall among the surrounding communities. Last year, in the 2006-2007 season, they had a rough and uncharacteristic 3-6 year. This year, I know they want to make some big improvements.

Make sure you show them your support this year!

If you would like to be contacted as soon as homes become available in the Homewood area just let us know. To view our area Real Estate and Community Tour go to www.HomewoodRealEstateChannel.com. For more information about the Homewood Community you can also go to the Homewood Chamber of Commerce.

If gas prices are getting you down, then Homewood Alabama is a great place to live. Just 5 minutes from Bedroom to Downtown Birmingham, you will save lots of dollars commuting to work. Here you will find a variety of residences with several condos and townhomes priced below 100K to quaint neighborhoods with sidewalks priced up to 1 million.

The Real Estate market in Homewood appears to have stabilized. In July we had 43 closings, up one from June at 42. The average salesprice was up a bit from $250,977 in June to $265,736 in July. A year ago the average salesprice was $280,040. Sales ranged from $79,900 for a 1 Bedroom 1 Bath condo at Woodland Village to $578,000 for a 4 Bedroom, 3.5 Bath in Hollywood. The median price was $230,000. Currently there are 353 Homes on the market which represents an 8.2 month supply (down from 15 in October ‘07).

If you would like any specific information about YOUR neighborhood, or to sign up for Hot Breaking News about new listings, call me at 205-821-3312 or send an e-mail to Toni@ToniBird.com.