Birmingham Area home sales improve in March

The Birmingham Business Journal  Lauren B Cooper, picked up our recent post today. They as usual did a nice job on the summary.

Birmingham-area home sales improved by nearly 9 percent in March over the previous month, but total dollar sales came in lower than any March on record since 1999, said a local real estate expert.

Using data from the Birmingham Multiple Listing Service, a total of 995 homes sold in the Birmingham area last month, said Tom Brander, publisher of the Rudulph/Brander Monthly Real Estate Report.

That’s an 8.7 percent increase over February, but a 29 percent decrease over March 2008.

Dollar sales were up 4.8 percent to $153.5 million, compared to $146.5 million in February. But the report said the month’s dollar sales were the lowest March figures seen since 1999, which had $159.9 million in total dollar sales.


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