Real Estate Information Archive


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Montgomery AL Real Estate Sales Statistics - July 2010

by The Hat Team

Pending home sales in June edged lower in contrast to the spring surge when buyers rushed to take advantage of the home buyer tax credit, according to the National Association of Realtors®.

The Pending Home Sales Index declined 2.6 percent to 75.7 based on contracts signed in June. Down from 77.7 in May, and is 18.6 percent below June 2009 when it was 93.0. The data reflects contracts and not closings, which normally occur with a lag time of one or two months.

Lawrence Yun, NAR chief economist, said lower home sales are expected in the short term. “Over the short term, inventory will look high relative to home sales. However, since home prices have come down to fundamentally justifiable levels, there isn’t likely to be any meaningful change to national home values. Some local markets continue to show strengthening prices.”

Let’s take a look at the Montgomery AL real estate market for July.

Montgomery AL real estate sales statistics for July show pending sales have decreased by 5% in 2010 compared to July 2009. The average sales price increased by 3% to $134,969 while sold listings were down by 18% from 2009.  Market times increased in 2010 by 39 days.




Market Times

Sales Price

July 2010





July 2009





For the latest Montgomery AL real estate market conditions in your area, please call me at 800-HAT-LADY or visit

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

Montgomery Real Estate For Sale: 6729 Greenbrook Drive Montgomery, AL 36117

MLS #277630

Everything is updated, upgraded or new in this spacious townhome in Bellwood! The versatile living space downstairs can be used to fit any lifestyle. Don't miss the custom built shelving in the master walk-in closet. Relax on the covered patio in the beautiful private backyard. Just minutes from East Chase, East Blvd or AUM. Call us today for a personal tour.

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Montgomery Real Estate For: 3423 Gilmer Court Montgomery AL 36105

MLS #277665


Roof 2 years old, wiring upgraded to breakers and brought to Code. Relatively new heat/air units and water heaters. New windows. Kitchens and baths have hard tile floors, remaining rooms are hardwood. Apt 1 converted to include handicapped accessible roll-in shower. All upgrades in place for use as a licensed group home.

Learn more about  3423 Gilmer Court and other Montgomery Real Estate by visiting


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Selling Montgomery Real Estate The Smart Way

by The Hat Team

In today’s competitive housing market, buyers can afford to be selective. It is, therefore, up to the seller to anticipate the demands of the buyer and act accordingly. The ten strategies listed below will help you accommodate the buyer’s needs and make certain the selling of your Montgomery real estate is a succes.

montgomery real estate1. Price sensibly. Listing too high initially is doubly dangerous. Price-savvy potential buyers will simply bypass your home in favor of more realistically priced Montgomery real estate, thus limiting your market. In addition, you’ll have to lower your price eventually, possibly below market level, to capture their attention.

2. Utilize professional expertise. Far too many sellers come to regret their attempt to avoid a paying a sales commission when they are unable to generate widespread exposure on their own. To their dismay, they also find that potential buyers expect a far lower price on a FSBO.

3. Make needed repairs. Buyers want a home that is in good condition, up to date, and “move-in ready.” Be sure that all systems, the roof, appliances, etc., are in good working order and replace fixtures that look out-of-date.

4. Simplify the setting. Make room! Too much furniture makes rooms appear smaller, and too many accessories draw the buyer’s attention away from your home’s assets. De-clutter cupboards, counters, and other flat surfaces. Make space in your closets and storage areas, and allow for an open traffic pattern. Put away personal items. Buyers need to be able to visualize their own furniture and belongings in what could be “their” new home

5. Keep it clean! Odors and dirt are real turn-offs to potential buyers.

6. Provide curb appeal. The exterior of your home must invite buyers to come inside. Remove weeds, trim trees and bushes, present a healthy lawn, and maintain an attractive appearance at all times. Don’t forget power washing or repainting, if needed. Add a pot of colorful flowers and a new welcome mat for extra charm and a successful showing.

7. Allow for accessibility. The more showings of your Montgomery real estate you have, the greater the chance of a successful sale. Buyers want easy access to the homes they visit. Your realtor will help you make satisfactory arrangements for optimum availability, use of a lock box, advance notification, etc.

8. Stay away during showings. Buyers viewing your home need to take their time to thoroughly it and fee free to voice their reactions to the realtor. Also, if you’re not there, you can’t say anything which might hurt the prospect of a sale.

9. Avoid misrepresentation. Your realtor will advise you of local disclosure laws, and it is important that you comply with them. Attempts to hide a defect will only result in problems later on and may well derail a potential sale.

10. Be flexible. Selling you home can feel like a personal transaction, and sometimes emotions threaten to overshadow logic. Listen and react to all contract proposals as objectively as possible. Know in advance what your needs are re: price, which items convey, settlement time frame, etc. Try to keep in mind the big picture and resist getting hung up on the small things.

The sale of your home depends on both your realtor and you. By working as a team and utilizing the ten strategies outlined above, the process has a greater chance of being a productive and successful sale.

Learn more about selling Montgomery real estate.

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Montgomery Real Estate For Sale: 3150 Cloverdale Road Montgomery, AL 36106

MLS #277399 

Magazine quality restoration! You'll think you've walked into ARCHITECTURAL DIGEST as soon as you enter this sleekly modern and architect-renovated home. Custom everything, quality from stem to stern, and grounds every bit as beautiful! Twin koi ponds shaded by a grape arbor. Awesome multi-level deck is perfect for grilling and chilling. And a detached guest house plus workshop, too. All right across the street from Cloverdale Bottom Park with its gazebo and spring concert series. Don't take my word for it: click on the photo and take a tour. Then grab your agent and checkbook and buy this one before someone beats you to it.

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Montgomery Real Estate For Sale: 3531 Edgefield Drive Montgomery, AL 36111

MLS #277405

Step beyond the iron gate to find a fabulously updated modern 70's ranch! Once you pass through the private courtyard you find a wonderful open floor plan that still has a separate living room, dining room and den for plenty of space to entertain family & friends. The beautiful gourmet kitchen is a cook's delight and don't miss the huge pantry off of the laundry room. The split floor plan with the master on one side and 3 bedrooms on the other make it perfect for kids or company. Thanks to the shady trees you can relax on the patio and under the pergola even when it's 100 degrees!

Learn more about 3531 Edgefield Drive and other Montgomery Real Estate by visiting

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Montgomery Real Estate Podcast - August 2010

by The Hat Team

Sandra Nickel of The Hat Team presents:

montgomery real estate, podcastThis month's edition covers Montgomery real estate market activity and then we'll discuss how to avoid surprises as mortgage underwriters are refreshing credit scores prior to closing.

Features special guest Terri Murphy of US Learning.

Program length: approximately 8 minutes

Montgomery Real Estate For Sale: 36 N Lewis Street Montgomery, AL 36107


Can you say custom?! An artist's eye is evident as you tour this beautifully restored home with much originally detailing and updates you'd only expect at twice the price! Beautiful floors, both hardwood and slate; "acres" of kitchen cabinets with gleaming tile counters; master suite with double closets, garden tub, separate shower and dresser-style lavatory. New staircase to unfinished fully floored attic already wired and plumbed for future expansion. And a studio out back is wired, has half bath that could be expanded for shower/tub and become a rental unit. A gee whiz house at a holy cow price so see it now.

Learn more about 36 N Lewis Street and other Montgomery Real Estate by visiting


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Montgomery Foreclosure Trends - June 2010

by The Hat Team

There were 1,387 Montgomery foreclosure homes for sale with 172 new foreclosures in June 2010. The average selling price of a Montgomery home was $157,643 and the average foreclosure selling price was $66,029, a $91,614 savings, according to

Montgomery Foreclosure Activity and Home Price Index

Home price appreciation remained was 0.0% in June while the number of new Montgomery foreclosure homes increased to 172.

montgomery foreclosure

Montgomery foreclosure activity is based on the total number of properties that receive foreclosure filings - default notice, foreclosure auction notice or repossession notice - each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Montgomery Foreclosure Geographical Comparison

Montgomery foreclosure activity was 0.08% lower than national statistics and 0.08% higher than Alabama statistics for the month of June.

montgomery foreclosure

Montgomery Foreclosure Activity by Month

The number of Bank-Owned properties increased from 90 homes in May to 108 in June. The number of Auctions increased from 62 to 64. The 6-month trend reflects a rise in Montgomery foreclosures.

montgomery foreclosure

Are you or someone you know behind on mortgage payments and facing a Montgomery foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. I am a Certified Distressed Property Expert (CDPE) with specialized training in helping families avoid foreclosure. Give me a call for a private consultation.

Displaying blog entries 1-9 of 9




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