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Helena, Alabama, Home Sales – October, 2008

Are you a numbers fan? If so, here are a few statistics on October, 2008, home sales in Helena (both Jefferson and Shelby counties), taken from the Birmingham MLS that you may find interesting:

Do homes still sell?  Yep.  Nine Helena homes sold within 30 days...

Are homes selling? Yep. In Helena, nine homes sold within 30 days during October...

  • Number of sales during month:  27
  • Average price: $192,501
  • Average days on market: 85
  • Miscellaneous notes:

  • Lowest price:  $13,000 (38-year-old mobile home on Highway 93)
  • Highest price:  $350,000 (New four bedroom home in Long Leaf Lake, reduced from $389,900)
  • Two of the month’s sales were foreclosures, both in Laurel Woods, for $127,100 (on the market for 70 days), and for $120,000 (on the market for 109 days).

  • 22 of the 27 properties sold for 95% of their list price or higher
  • Fifteen homes sold in 90 days or less
  • Eleven homes sold in 60 days or less
  • Nine homes sold in 30 days or less
  • Longest time on market: 270 days
  • We plan to publish updates like this from time to time, so you’ll have a snapshot of what’s happening with the real estate market in the Birmingham and Shelby county, Alabama areas. Let us know what you think!

    David