Mountain Brook AL Real Estate Market Statistics February 2008 vs February 2007: Now and Then

With so much media coverage about "the state of the real estate market" being broadcast, we chose to start doing a now and then segment to show how the market has changed from one year to the next. 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 Mountain Brook AL Real Estate.

In February 2007, there were 49 properties listed during the month. The average price was $706,621 and the median price was $592,500. The listed price range was $285,000-$1,620,000.

In February 2008, there were 48 listed properties during the month. The average price was $801,393 and the median price was $613,825. The listed price range was $295,000-$2,999,000.

In February 2007, there were 25 sold properties. The average price was $579,256 and the median price was $425,000. The price range was $234,000-$1,700,000 with 150 average days on market.

In February 2008, there were 8 sold properties. The average price was $507,375 and the median price was $453,250. The price range was $272,500-$1,000,000 with 68 average days on market.

If you would like to be contacted as soon as homes become available in the Mountain Brook area just let me know, or if you would like to see statistics about other areas, don't hesitate to ask.

You can actually search all of the active homes as of 3/20/08 if you click below at...

Active Properties up to $500,000

Active Properties $500,000 and up

To see how much your Mountain Brook Home may be worth visit MountainBrookHomePrices.com

To search all of the homes for sale in Mountain Brook and all its communities visit MountainBrookHomeSearch.com

You can also find all the Birmingham Alabama Real Estate stats here on Your Guide To Living In Greater Birmingham

*Note these stats are accurate as of 3/20/08 according to the Birmingham MLS. They are subject to change as agents submit listed and sold properties into the MLS.