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Sales Drop in September

According to recent data , home sales are slipping in several metro Alabama areas–such as Birmingham, Hunstville, and along Alabama’s coast. Traditionally September’s numbers are usually lower than August’s, but the figures for this past September are also lower than September 2011’s data, which is a cause for concern. The Birmingham movers also find it worth noting that September has less business days than most months. In metropolitan Birmingham, there were 10 percent less sales than last year’s September, and 3 percent less total funds collected.

Hunstville and North Alabama areas were down 10 percent in monetary value and sold 12 percent less in volume. Units fell percent in the coastal Alabama counties and in Baldwin county, despite rising closing prices 3 percent higher than last year.

We will keep you posted as data becomes available for October. Here’s hoping the figures have turned around and we are remaining on the path to recovery.

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