So how’s the market… (part 2)

February 13th, 2010 by admin

· Last 6 months of 2009: 194 Sales of which 70 (36.1%) were foreclosures
· Active Inventory of 01/31/2010: 280 of which 36 (12.9%) were foreclosures
· Absorption Rate: 32 Months Inventory: 9
· Median sales price: $124,675 Lo: $155,000 Hi: $500,000 DOM: 84 SPL: 93.7%
· Foreclosure Median Sales Price: 70 Sales $84,500 (Lo: $15,000 / Hi: $259,900 DOM: 100 SLP: 90.8%)
· Non-Foreclosure Median Sales Price: 124 Sales $133,006 (Lo: $24,900 / Hi: $500,000 DOM: 75 SLP: 95.4%)
· Pending Sales: 31 of which 12 (38.7%) are foreclosures
· Pending Foreclosure Median Sales Price: 12 Sales 77,500 (Lo:47,200 / Hi: 249,000 DOM: 103)
· Pending Non- Foreclosure Median Sales Price: 19 Sales 159,900 (Lo: 105,000 / Hi: 314,900 DOM: 262)

For Zip Code: 35146 Springville

· Last 6 months of 2009: 62 Sales of which 10 (16.1%) were foreclosures
· Active Inventory as of 01/31/2010: 97 of which 12 (12.4%) were foreclosures.
· Absorption Rate: 10 Months Inventory: 10
· Median sales price: $175,950 Lo: $500 Hi: $292,500 DOM: 105 SPL: 93.2%
· Foreclosure Median Sales Price: 10 Sales $71,825 (Lo: $500 / Hi: $274,900 DOM: 112 SLP: 83.4%)
· Non-Foreclosure Median Sales Price: 52 Sales $178,450 (Lo: $44,000 / Hi: $292,500 DOM: 103 SLP: 95.4%)
· Pending Sales: 11 of which 3 (27.3%) are foreclosures
· Pending Foreclosure Median Sales Price: 3 Sales 192,900 (Lo:76,000 / Hi: 199,900 DOM: 36)
· Pending Non- Foreclosure Median Sales Price: 8 Sales 172,450 (Lo:105,900 / Hi: 330,900 DOM: 131)

For Zip Code: 35173 Trussville/Argo

· Last 6 months of 2009: 182 Sales of which 38 (20.9%) were foreclosures
· Active Inventory as of 01/31/2010: 355 of which 26 (7.3%) were foreclosures
· Absorption Rate: 30 Months Inventory: 12
· Median sales price: $203,680 Lo: $9,000 Hi: $531,500 DOM: 156 SPL: 94.3%
· Foreclosure Median Sales Price: 38 Sales $167,700 (Lo: $9,000 / Hi: $355,000 DOM: 147 SLP: 91.6%)
· Non-Foreclosure Median Sales Price: 144 Sales $211,250 (Lo: $14,300 / Hi: $531,500 DOM: 158 SLP: 95.0%)
· Pending Sales: 40 of which 12 (30.0%) are foreclosures
· Pending Foreclosure Median Sales Price: 12 Sales 129,900 (Lo: 29,900 / Hi: 378,900 DOM: 50)
· Pending Non- Foreclosure Median Sales Price: 28 Sales 218,092 (Lo: 99,900 / Hi: 499,900 DOM: 119)

For Zip Code: 35120 Odenville/Branchville

· Last 6 months of 2009: 102 Sales of which 44 (43.1%) were foreclosures
· Active Inventory as of 01/31/2010: 184 of which 28 (15.2%) were foreclosures
· Absorption Rate: 17 Months Inventory: 13
· Median sales price: $147,000 Lo: $16,900 Hi: $314,900 DOM: 100 SPL: 95.9%
· Foreclosure Median Sales Price: 44 Sales $114,450 (Lo: $16,900 / Hi: $314,900 DOM: 56 SLP: 96.3%)
· Non-Foreclosure Median Sales Price: 58 Sales $159,450 (Lo: $69.000 / Hi: $293,900 DOM: 134 SLP: 95.8%)
· Pending Sales: 27 of which 4 (14.8.0%) are foreclosures
· Pending Foreclosure Median Sales Price: 4 Sales $49,200 (Lo:$ 29,900 / Hi: $129,000 DOM: 29)
· Pending Non- Foreclosure Median Sales Price: 23 Sales $149,900 (Lo: $109,900 / Hi: $321,500 DOM: 155)

For Zip Code: 35004/35094 Moody/Leeds

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