Birmingham, Alabama, is one of the 60 largest metropolitan areas of the country. And with this has come "tremendous growth" in new sub-divisions.
With a healthy supply of homes on the market -- at 6.83 months -- prices have seen moderate increases. Average list price is currently in the mid $100,000's.
Local experts note that despite these conditions, sellers may have to be more competitive. The good news? Sales are up. For year to date figures -- sales are up by as much as 16.6 percent.
Average days on market is reported as low as 30 days.
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Published: August 1, 2007
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