Currently there are 293 homes on the market with an average list price of $230,540. With 35 homes sold in October which equates to a 8.4 months supply. October saw 35 homes sell with an average sales price of $165,969 compared to 28 homes selling last year for $183,198 or a 9.5% decrease in price. Year to date 307 homes sold in 2009, compared to 368 in 2008 or an decrease of 16.6%. With interest rates continuing to stay under 5.5% and more homes on the market to choose from, now may be a good time to buy. For the seller because there are more homes on the market and the seller price is lower they may be faced with a longer selling time and must be willing to negotiate on offers presented.
ZIP Code: 35124 Location Characteristics: Pelham is one of the fastest growing cities in Alabama. Located in the foothills of Oak Mountain, scenic neighborhoods offer a retreat from the busy world. It's a wonderful place to call home and a great place to visit.
About Linda & Ken Champlin:
Both originally from Oklahoma City, Ken and Linda began their sales careers early in life and combined, have in excess of 60 years sales experience. They understand the ups and downs, trials and tribulations, excitement and sorrow involved in the process of buying and selling a home and relocating to different parts of the country. They have personally moved 14 times, and have lived in Oklahoma, Texas and New Jersey, and arrived in the beautiful state of Alabama in 1987. Both Ken and Linda began their sales careers in the corporate world, where they were employed by America's largest provider of telecommunications equipment and services. They began working professionally as a team in this environment in 1974 (and personally as a team in 1977 when they were married) when they were meeting the needs of large businesses and corporations. They consistently came out at the top in terms of total sales and revenue generation. They both received numerous awards and much recognition for their sales results. Their kind of success does not come easily. It takes hard work, dedication and innovation. Ken and Linda brought these qualities to their work in the corporate world and they bring them to their work as real estate professionals.
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