In 2009, nearly 10,600 homes were sold as opposed to the 12,454 homes sold in 2008. Foreclosures accounted for 31% of December home sales. The 31% is up from 25% in October and 30% in November .
Averages prices also fell 8% to $173,065 and median price dropped 5% to $146,300.
In December, the association said sales dropped 4 percent to 765 from 798 in the same month a year ago, while average price increased 7 percent to $187,689 and median rose 8 percent to $150,500.
Feel free to contact us through our website or by calling 205-879-2447.
Also remember you are invited to our free tele seminar on Alabama Wrongful Foreclosures set for January 19, 2010, at 4 pm CST.