March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Alabama for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Alabama where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Alabama the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Alabama, the hottest-selling market is DeKalb County, where the MarketPulse Score is 95 and the median sales price comes in at $264,950 with 29 homes sold.
On the flip side, Lauderdale County sits at the bottom of the market with a MarketPulse Score of 81 with 40 homes sold.
Hottest Markets in Alabama
1. DeKalb County. MarketPulse Score of 95
2. Morgan County. MarketPulse Score of 91
3. Limestone County. MarketPulse Score of 91
4. Marshall County. MarketPulse Score of 91
5. Shelby County. MarketPulse Score of 89
For more information about the Alabama market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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