We are deep into a seller's market and the it really shows with home prices increasing almost everywhere. Prices are up an average 3.7% over the past 12 months for the nation. Locally, we have areas of Birmingham beating that average and even doubling it with a mad increase in home prices. The current shortage of inventory and increase in home values puts sellers in the ideal spot for negotiating a home sale and getting top dollar. Fall and Winter make it even sweeter for sellers since inventory aka competition will increase come Spring & Summer. Check out the numbers here...
SHELBY COUNTY HOME PRICES OVER PAST 12 MONTHS
Jefferson County Home Sales Over Past 12 Months
Mountain Brook: 1.7%
Data obtained from Real Estate Digital, LLC. rDesk™.