| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Redmont Park | $325,000 | +4.7% | $206,000 | $310,500 | $434,000 | Birmingham | $278,000 | +85.5% | $290,000 | $149,900 | $155,940 |
The median sales price for homes in Redmont Park for Dec 08 to Feb 09 was $325,000. This represents an increase of 57.8%, or $119,000, compared to the prior quarter and an increase of 4.7% compared to the prior year. Sales prices have depreciated 25.1% over the last 5 years in Redmont Park, Birmingham.
The median sales price of $325,000 for Redmont Park is 16.91% higher than the median sales price for Birmingham AL. Average listing price for homes on Trulia in Redmont Park was $523,105 for the week ending Dec 23, which represents a decline of 5.6%, or $30,965 compared to the prior week and a decline of 15.3%, or $94,443, compared to the week ending Dec 02. Average price per square foot for homes in Redmont Park was $131 in the most recent quarter, which is 4.80% higher than the average price per square foot for homes in Birmingham.
| Neighborhood | Week ending Dec 23 | w-o-w | Week ending Dec 16 | Week ending Dec 9 | Week ending Dec 2 |
|---|---|---|---|---|---|
| Redmont Park | $523,105 | -5.6% | $554,070 | $571,267 | $617,548 | Birmingham | $270,483 | -0.8% | $272,795 | $274,337 | $272,081 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Redmont Park | $131 | -31.8% | $237 | $192 | $156 | Birmingham | $125 | +26.3% | $130 | $99 | $108 |
| Neighborhoods | Week ending Dec 23 |
w-o-w | Week ending Dec 16 |
Week ending Dec 9 |
|---|---|---|---|---|
| Forest Park | 1 | — | 1 | 3 |
| Highland Park | 2 | — | 2 | 2 |
| Crestwood North | 3 | +4 | 7 | 4 |
| Redmont Park | 4 | — | 4 | 7 |
| Five Points South | 5 | +4 | 9 | 5 |
| Crestline | 6 | -3 | 3 | 1 |
Market Trends
Fair Housing and Equal Opportunity
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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