Hoover Alabama Real Estate Market Report for June- July 2013

The Hoover Alabama real estate market has seen a unique shift in buyers and sellers over the last six months. Our Summers are typically one of the hottest time to buy since people would like to move before school starts or there is just more inventory on the market. While the average listing price has come down over the last couple of weeks the median sales price over the last quarter has gone up 6.7% or $17,000. Currently our median sales price tops out at $280,000. The average sales price for homes currently on the market is $254,000. The average listing price however has gone down about 1% or $3200 and sits at $306,000.

Hoover is located just south of Birmingham and makes a great location if you’re wanting to get out of the city but still have a small townhome feel. Hoover provides shopping malls, markets and restaurants as well as great school districts and parks. There are medical facilities and clinics throughout Hoover so it makes an ideal spot just outside of the big city for subdivisions and additional suburbs.

If you’re interested in finding out what your Hoover Alabama home is currently worth give me a call today or if you’d like to tour any of the homes currently for sale in Hoover or surrounding areas feel free to start your search online here for free or call me for more information.