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Home prices continue to drop in Birmingham metro area
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Posted on
Mar 13 2009 5:34 AM
by
adeal
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There are some positive and negative news regarding home sales in the Birmingham metro area. According to the Birmingham Association of Realtors, realtors sold more homes in February 2009 than in January 2009, for a 28% increase. However, total residential home sales from February 2009 compared to February 2008 are down 26%.
The average price for a home in February 2009 was $171,062, compared to $178,600 in February 2008.
The median price in February 2009 was $130,000 compared to $152,500 in February 2008.
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