Monday, March 16, 2009

Great News About the Birmingham Real Estate Market!

Thursday, March 12, 2009, 5:49pm CDT | Modified: Friday, March 13, 2009, 8:37am

Birmingham-area home sales jump 28% in February
Birmingham-area homes sales rose 28 percent in February over the previous month, according the Birmingham Association of Realtors.

Compiled with data from the Birmingham Area Multiple Listing Service, the area saw 725 homes sold last month, up 28 percent from January.

Inventory of homes for sale is still headed in the right direction. Inventory totaled 10,475 in February, compared to 11,919 a year ago.

For the month, the southern portion of the city had the most sales, with a total of 310 sold. That was followed by the eastern portion with 215, the western portion with 147 and the northern portion with 53.

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