Rudulph Real Estate News

Birmingham Area Real Estate Sales in June Remain Robust

Birmingham Area MLS* Monthly Observations for June 2017 June saw a reduction of 23% in dollar sales from May. Sales were lower both in units and dollars than last year, which was very robust.  Average prices are mostly flat. Total dollar sales for June were $400,193,493, off 5% from $421,620,788 last year, and off 7% […]

Alabama Coastal Real Estate for June Continues to Outperform

Baldwin County & Alabama Coastal MLS*: Observations for the Month of June 2017 Sales dollars decreased 5% in June to $219,531,971 from May’s outstanding $230,077,838. This is up an impressive 24% from last year’s record of $177,240,799. (Sect A p.2). The 12 month moving average line of sales is moving up substantially. Inventories continue to […]

Birmingham May Real Estate Sales Resume Upswing

Birmingham Area MLS* Monthly Observations for May 2017 May saw a substantial increase (23%) in dollar sales from April. Sales were slightly lower in units and slightly higher in dollars than last year, which was very robust. The next few months should show us a more consistent pattern.  Prices are modestly increasing. Total dollar sales […]

Alabama Coastal Real Estate in May Takes Off

Baldwin County & Alabama Coastal MLS*: Observations for the Month of May 2017 Sales dollars increased a surprising 38% in May to $227,166,434 from April’s slow $164,654,678. This is up a somewhat remarkable 35% from last year’s record of $168,263,418. (Sect A p.2). The 12 month moving average line of sales is moving up substantially. […]

Birmingham April Real Estate Sales Moderate Slightly

Birmingham Area MLS* Monthly Observations for April 2017 April saw a surprising reversal of the dramatic increase we saw last month. We saw a similar increase/decrease pattern on the Alabama coast for the last two months as well. Could it be related to the volatile political situation? Or is it just something random? The next […]

April Alabama Coastal Sales Take a Pause

Baldwin County & Alabama Coastal MLS*: Observations for the Month of April 2017 Sales dollars surprisingly decreased 21% in April to $162,333,926 from March’s high  of  $206,329,050. This is still up 10% from last year’s record of $147,415,100. (Sect A p.2). The 12 month moving average line of sales has been heading up substantially. We […]

Birmingham Area Sales Accelerate In March

Birmingham Area MLS* Monthly Observations for March 2017 March saw an acceleration of the uptick in dollar and unit sales over last year.  Prices seem to be modestly increasing. Total dollar sales for March were $335,608,193 up 15% from $291,558,899 last year, and up 40% from last month at $239,312,908. Total Unit sales were up […]

Alabama Coastal March Sales Reach Record Levels

Baldwin County & Alabama Coastal MLS*: Observations for the Month of March 2017 Sales dollars increased a remarkable 82% in March to $205,223,539 from February $112,736,967. This is up 49% from last year’s record of $137,834,831. (Sect A p.2). The 12 month moving average line of sales, has been heading up substantially. When I saw […]

Birmingham February 2017 Real Estate Sales Remain Robust

Birmingham Area MLS* Monthly Observations for February 2017 February saw a continuation of the pick up in dollar sales over last year, while unit sales slowed slightly from last years’ level. Prices seem to be modestly increasing. Total dollar sales for February were $229,699,200 up 5% from $218,749,074 last year, and up 8% from last […]

February 2017 Alabama Coastal Real Estate Remains Strong

Baldwin County & Alabama Coastal MLS*: Observations for the Month of February 2017 Sales dollars decreased 27% in February to $111,762,782 from January $114,127,364. This is up 24% from last year’s record of $106,179,498. (Sect A p.2). The 12 month moving average line of sales, after a pause during the summer months, has been heading […]
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