By Toni Bird
(Coldwell Banker Preferred Properties)
The Real Estate market in Homewood was down a little from May '08, but still the second best month since August '07. We show 41 homes closed in June, 56 in May and 31 in March and April - all up from 19 closings at the lowest point in October of 2007. The average salesprice was $247,098 with prices ranging from $85,500 for a 1 bedroom, 1 bath condo at Foxcroft to $505,000 for a 4 bedroom, 3 bath home in Mayfair. The median price was $230,000. Currently there are 366 Homes on the market which represents an 8.92 month supply (down from 11.41 in April and 15 in October ‘07). If you would like any specific information about YOUR neighborhood, or to sign up for Hot Breaking News about new listings, call me at 205-821-3312 or send an e-mail to Toni@ToniBird.com.