I like to share market data I get when I do appraisals in different areas. I’ve included sales from the Brook Highland subdivision in the Inverness area of north Shelby County. The sales are from January 2005 to December 2011. The graph charts the median sales price for each quarter for all seven years. The […]
Six years of sales activity in the Brook Highland subdivision, Shelby County, Alabama
January 23, 2012 By 2 Comments
A Look At The Absorption Rate In Pelham, Alabama, Ballantrae Subdivision-Pt. 2
January 4, 2012 By 6 Comments
We took a look at the entire Pelham, Alabama market with the last blog post I wrote. Today we are going to narrow things down a bit to the subdivision level and even a certain style of home. Of the 222 sales that occurred in Pelham, AL from 12/15/2010 to 12/15/2011, 59 sales occurred in […]
A Look At The Absorption Rate In Pelham, Alabama, Pt. 1
January 2, 2012 By 11 Comments
You may have heard the term “Absorption Rate” before but not really know what it means. The absorption rate is a measure of how long it will take to sell the current inventory of homes in a given market. This market can be on a large scale such as for the entire country, or it […]
A Look At The Market For Lake Front Homes In Shelby County, Alabama in 2011
December 23, 2011 By 6 Comments
I recently finished an appraisal assignment on a lake front home in Shelby, Alabama and thought I would share with you my findings. As in other sectors of the Birmingham, AL area real estate market, lake front home have experienced a decrease in sales volume. Check out the numbers below going back to 2005. As […]
Birmingham, Alabama Home Sales-Most Expensive Home Sale YTD-November 2011
November 21, 2011 By 2 Comments
It’s been a while since I looked at the most expensive home sale in the Birmingham, Alabama area. I took a break from this subject for a while but then discovered this was a pretty popular search topic for readers of my blog, so I decided to revisit the “most expensive home sale” and see […]
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