by Calculated Risk on 8/24/2021 04:07:00 PM
Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
Here is a summary post for many markets: Existing Home Inventory in July: Local Markets
For the entire state of Alabama:
Closed sales in July 2021 were 7,601, down 1.5% from 7,714 in July 2020.
Active Listings in July 2021 were 11,146, down 29.3% from 15,772 in July 2020.
Months of Supply was 1.5 Months in July 2021, compared to 2.0 Months in July 2020.
Inventory in July was up 12.0% from last month, and up 19.0% from the record low in May 2021.