Sales Up 15% YoY, Inventory Down 40% YoY

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by Calculated Risk on 7/21/2021 01:33:00 PM

Note: I’m tracking data for many local markets around the U.S. I think it is especially important to watch inventory this year.

For the entire state of Alabama:

Closed sales in June 2021 were 8,234, up 14.6% from 7,184 in June 2020.

Active Listings in June 2021 were 9,954, down 39.7% from 16,518 in June 2020.

Months of Supply was 1.2 Months in June 2021, compared to 2.3 Months in June 2020.

Inventory in June was up 6.3% from last month.

source

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