The 1968 Fair Housing Act prohibited housing discrimination on the basis of race, color, national origin, religion, sex, familial status, or handicap. Every April, REALTORS® celebrate Fair Housing Month to reaffirm their continuing commitment to fair and equitable treatment and a professional level of service for all in their search for real property.

Take a look at sales figures in our local real estate market for March 2013.

Midtown Montgomery real estate sales statistics for March 2013 show the number of homes sold decreased by 6% when compared to March 2012. The average sales price decreased by 6% to $87,165 for the month. The median sales prices increased by 48%, and market times decreased by 7 days. The highest selling home price decreased by 24%, and the lowest selling home price increased by 27% from March 2012.

Midtown Montgomery March 2013 March 2012
Homes Sold 30 32
Average Selling Price $ 87,165 $ 92,571
Median Selling Price $ 91,500 $ 47,950
Days On The Market 124 131
Highest Selling Price $ 286,900 $ 375,000
Lowest Selling Price $15,000 $11,000

 

Despite these disappointing numbers, we continue to see a real increase in buyer activity and now in pending sales. April’s numbers should look much better!

For the latest Midtown Montgomery 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.