Montgomery AL Real Estate Sales Statistics - June 2010
Congress recently extended the home buyer tax credit closing date to September 30. The measure would give more time to thousands of qualified home purchasers, who through no fault of their own are unable to meet the current closing deadline of June 30; however the measure would not extend the deadline for home buyers to qualify for the tax credit. The deadline extension applies only to homebuyers who have ratified contracts in place as of April 30, 2010, but could not close before June 30.
The April 30 deadline created a surge of home sales in April. Let’s take a look at the Montgomery AL real estate market for June.
Montgomery AL real estate sales statistics for June show pending sales have increased by 8% in 2010 compared to June 2009. The average sales price increased by 18% to $165,049 while sold listings were up by 3% from 2009. Market times were the same as 2009.
|
Midtown |
Pending |
Sold |
Average |
Average |
|
June 2010 |
37 |
39 |
99 |
$165,049 |
|
June 2009 |
34 |
38 |
99 |
$135,350 |
For the latest Montgomery AL real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.
Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.
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