Homes in Montgomery County Sold for Lower Prices Recently: See How Much Here

Newly released data for December shows that prospective buyers and sellers in Montgomery County saw their homes sell for less than the previous month’s median sales price of $160,000.

The median home sold for $142,614, according to an analysis of Realtor.com data. This means that December, the most recent month for which figures are available, was down 10.9% from November.

Compared to December 2022, the median home sales price fell 13.6% to $142,614 from $165,000.

Realtor.com obtains sales data from real estate deeds, which causes a delay of a few months in updating the data. Statistics do not include homes currently listed for sale and are not directly comparable to listing data.

Information about your local real estate market, as well as other useful community data, is available at data.montgomeryadvertiser.com.

Looking only at single-family homes, the median sales price of $145,000 in Montgomery County was down 9.4% in December from $160,000 the previous month. Since December 2022, the sales price of single-family homes has decreased by 16.2% from a median of $173,000.

Sixteen single-family homes sold for $1 million or more during the month, compared to no recorded transactions of at least $1 million in December 2022.

The sales price of condominiums and townhouses decreased 46.8% in December to a median value of $111,000, compared to $208,776 in November. Compared to December 2022, the sales price of condominiums and townhouses increased by 3.7%, from $107,000. A condo or townhouse sold for $1 million or more during the month, compared to a recorded transaction of at least $1 million in December 2022.

In December, the number of sales recorded in Montgomery County increased 3.8% since December 2022, from 238 to 247. All residential home sales totaled $148.5 million.

In Alabama, homes sold for a median price of $219,100 in December, up 5.4% from November’s $207,783. There were 4,822 sales recorded statewide in December, down 7.8% from the 5,230 sales recorded in December 2022.

The total value of…

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