The metro area in Birmingham is reaching new highs lately, with July showing 23.6 percent growth over July 2012. Additionally, year to date sales are up for the area by 11.2 percent, which is consistent with statewide sales growth. The Mobile local movers have found that inventory in Birmingham increased by 0.2 percent from June 2013, which counteracted traditional findings of a decrease in July inventory in the previous four years.

The market equilibrium is considered to be 6 months of inventory, and the local market in July had 6.7 months on the market, which is a strong sign for the Birmingham real estate scene. Residential sales improved 5.2 percent from June 2013 to July 2013, and it is a pleasant surprise from the typical decrease in sales for that timeframe. From 2008-2012, home sales have declined from June-July at a rate of about 10.9 percent. Existing family home sales were about 85 percent of total sales, while 11 percent were new home sales, and 4 percent were condo buyers.