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Birmingham & Shelby County Home Sales Update

Here’s hoping you had a Merry Christmas!

As we wind down the last few days of 2008, here’s a look at how many homes are for sale in the Birmingham, Alabaster and Shelby county areas. We did an update like this in November, and it’s interesting to see that—in nearly every case—inventory has dropped from the earlier update. The numbers in parentheses are how many homes were for sale as of the November update:

Alabaster – 372 (389)
Altadena/Cahaba Heights – 33 (50)
Calera – 297 (297)
Clanton – 171 (179)
Columbiana – 44 (52)
Chelsea – 249 (255)
Helena – 245 (269)
Hoover – 939 (982)
Indian Springs – 10 (32)
Inverness – 55 (56)
Liberty Park/Vestavia – 409 (452)
Meadow Brook – 7 (13)
Montevallo – 96 (100)
Pelham – 298 (333)
Vincent – 26 (27)

Source: Birmingham Area Multiple Listing Service

I suppose people are finally deciding that the opportunities to buy a home really are as good as they’re being told. And there’s no doubt about it: As the New Year gets underway, home prices and inventory will continue to offer buyers some of the best deals that have occurred in many years.

David