Homewood, AL

Good Morning Homewood!! It is a beautiful morning and I hope you had a great weekend. We have a few new updates to share with you today. 2 new listings and 5 new price changes. Are you ready for a new home in Homewood?

2 New Listings:

http://bhammls.net/BAARReports/ListitLib/show_report.aspx?ID=US10440212

5 New price Changes:

http://bhammls.net/BAARReports/ListitLib/show_report.aspx?ID=US10440213

Looking for a Realtor in Homewood Alabama? Whether Buying or selling, Gusty Gulas is in the know of what is going on with Homewood Alabama real estate. Call me at 205.218.7560 or email me at gusty1305@gmail.com I am a Realtor/Associate Broker at RealtySouth in Mountain Brook.

Homewood Alabama is a community located just south of downtown Birmingham. It is a 5 minute drive from your driveway to the parking deck. IF you want to save time AND gas - Buying A Home in Homewood Alabama is a great idea. Home Sales in Homewood were up in February to 13 (January sales were only 9). Of the 13 homes that sold, prices ranged from $115,000 for a 2 BR 1 BA on Shadesview Terrace to $615,225 for a 4 BR, 4.5 BA on Currie Way (near Samford University). The average sales price for a Homewood home was $390,079 and the sold homes were on the market an average of 219 days. Currently there are 340 homes for Sale in Homewood.

March typically sees an increase in buying activity. Are YOU Looking for a new home? Search for a home in Homewood Alabama or the Greater Birmingham Area at my website www.ToniBird.com.

If you look at JUST the number of homes that closed, January was not a good month for Real Estate sales in Homewood. Only 9 homes actually sold and closed. Since there are currently 306 homes on the market, you could say we have a 34 month supply of inventory!

Now having said that - all is not doom and gloom. There are contracts on 58 properties in Homewood - 42 units in the new condo complex Hallman Hill are under contract - many going under contract in the last 2 months. They haven't closed because the building is not complete. Once these units are completed, sales in Homewood will skyrocket compared to previous months.

Of the 9 homes that sold in January, prices ranged from $68,000 for a 3 BR 1 BA in Rosedale to $647,900 for a 4 Bedroom, 2.5 Bath in Hollywood.

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.

The Real Estate market in Homewood was down a little from September '08, seeing its fewest number of sales this year. Part of this is seasonal and part is based on the rough economic news. We show 15 homes closed in October ‘08 - also down from October '07 with 19 closings. The average salesprice was $217,366 with prices ranging from $108,500 for a 2 bedroom, 1 bath condo at The Hermitage to $415,000 for a 3 bedroom, 2 bath home with a carriage house in Hollywood. Currently there are 317 Homes on the market which represents a 21.13 month supply.

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.