February Median Sales Price Of Shoals Area Homes Increases 5 Percent From 2017

Alabama News Center | March 31, 2018 @ 5:00 am

By ACRE Research

Click here to view or print the entire monthly report compliments of the ACRE Corporate Cabinet.

Sales: According to the Multiple Listing Service of the Shoals Area Association of Realtors, there were 115 residential sales in the Shoals area during February, down 5 percent from the same month in 2017. The 10-year peak for February sales was reached in 2017 with 121 residential sales for the month, while the February trough was in 2010 with 64 total sales. Two more resources to review: Quarterly Report and the Annual Report.

For all Shoals-area real estate data, click here.Forecast: February’s 115 home sales were one unit or 0.9 percent below the Alabama Center for Real Estate’s monthly forecast. ACRE forecasts a total of 1,688 residential sales in the Shoals area during 2018; there were 1,723 actual sales during 2017.

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