This months most expensive home sale reported by the Birmingham Multiple Listing Service is located on Red Mountain in the Redmont area of Birmingham, Alabama. The home sold for $2,700,000. It was built in 1922 and is situated on six acres. This area has a lot of historical homes with beautiful architecture. It has a great view of the Birmingham, AL skyline. It seems like as the year moves along the highest priced home sale keeps going up. This may be a good sign. Here is a view from the Bing website. What do you think, pretty nice huh?
Birmingham, Alabama Home Sales-Most Expensive Home Sale in May-2010
June 1, 2010 By 2 Comments
Interesting Tom on how the top end of your market seems to be performing.
There are sales in the upper price brackets, however the volume of these sales has decreased significantly. As I noted in a previous post, $500,000 + homes are suffering from the slow economy.