Lake Cyrus (Hoover, AL)
By Mark A. Crain
(Keller Williams Vestavia)
This Lake Cyrus real estate market report is a continuation in a series of blogs about the performance of some of the larger neighborhoods in Hoover, AL to assist buyers and sellers in assessing their negotiating position.  I should disclose that I am a resident of this neighborhood and have lived here for the past three years.  Let's take a look at sales and inventory history for the last three months of 2009 in comparison to the same period in 2008 by referring to the chart below:      As shown in the chart at left, improvements in sales (both units and volume) and average days on market would suggest a relatively strong neighborhood relative to supply and demand.  However, there is weakness in the average list and sale prices and, while pretty strong in December, months inventory app...
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Hoover, AL Real Estate Professionals