Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.
For the entire state of Alabama:
Closed sales in June 2021 were 8,234, up 14.6% from 7,184 in June 2020.
Active Listings in June 2021 were 9,954, down 39.7% from 16,518 in June 2020.
Months of Supply was 1.2 Months in June 2021, compared to 2.3 Months in June 2020.
Inventory in June was up 6.3% from last month.
SOURCE: Calculated Risk – Read entire story here.