Spring Sizzle or Slow Burn? April 2025 Birmingham Real Estate Market Recap
April 2025 Birmingham Real Estate Market Recap: Spring Sizzle or Slow Burn?
Hey Birmingham! 🌞 The April housing market has wrapped up, and we're here to break down the latest trends in our signature Franklin style—clear, concise, and a touch of fun.
📈 Market Snapshot: Jefferson County
Median Sold Price: $325,000, marking a 13.3% increase from March Rocket - Help Everyone Home.
Price per Square Foot: $166.
Homes Sold: 663, a 6.4% decrease compared to March.
Average Days on Market: 42, slightly down from 44 in March.
Inventory: 3,811 homes listed, an 11.6% increase month-over-month.
Takeaway: Despite a dip in sales, home prices are climbing, and properties are moving faster—indicative of a competitive market.
🏘️ Neighborhood Highlights
Mountain Brook: Experienced a surge in homes sold, though prices saw a slight dip.
Vestavia Hills: Held steady with consistent sales and stable pricing.
Hoover: Noted an uptick in both sales volume and home prices.
Homewood: Homes are selling quicker, but prices have fluctuated significantly.
Insight: Each neighborhood tells its own story. Whether you're buying or selling, understanding these nuances is key.
🔍 What This Means for You
Sellers: With rising prices and quicker sales, it's a favorable time to list your property.
Buyers: Increased inventory offers more choices, but be prepared to act swiftly in this competitive landscape.
Curious about how these trends impact your real estate goals? Let's connect and navigate the Birmingham market together.
—The Franklins of Bham