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

Pelham: 3.0%

Alabaster: 4.9%

Maylene: 4.9%

Helena: 4.6%

Chelsea: -0.7%

Calera: 7%

Montevallo: 4.1%


Jefferson County Home Sales Over Past 12 Months

Vestavia: 3.3%

Homewood: 7.4%

Hoover: 2.8%

Mountain Brook: 1.7%

Gardendale: 4.9%

Trussville: 4.2%


Data obtained from Real Estate Digital, LLC. rDesk™.

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