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Shelby Market Trends

Today, December 28, 2009

Shelby Summary

The median sales price for homes in Shelby AL for Sep 09 to Nov 09 was $230,000. This represents an increase of 0%, or $230,000, compared to the prior quarter and an increase of 49.5% compared to the prior year. Sales prices have appreciated 85.9% over the last 5 years in Shelby.

The average listing price for Shelby homes for sale on Trulia was $279,439 for the week ending Dec 23, which represents an increase of 1.4%, or $3,795, compared to the prior week and an increase of 6.3%, or $16,514, compared to the week ending Dec 02. Average price per square foot for Shelby AL was $178, an increase of 11.3% compared to the same period last year.

 

Average Listing Price in Shelby

Embed Info
1 yr 5 yr Max
Shelby average property price
Shelby – number of properties
No. BedroomsWeek ending
Dec 23
w-o-wWeek ending
Dec 16
Week ending
Dec 9
Week ending
Dec 2
1 bedroom-----
2 bedrooms-----
3 bedrooms$174,823+1.1%$172,985$170,113$170,623
4 bedrooms-----
All properties$279,439+1.4%$275,644$267,544$262,925
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Homes for Sale in Shelby

19051 River Drive, Shelby AL
19051 River…
$349,900
3 br  2 ba
70 Bills Hill Drive #17 ACRES, Shelby AL
70 Bills H…
$130,000
 
604 Prestwick Drive, Shelby AL
604 Prestw…
$789,900
6 br  5 ba
12335 Highway 42, Shelby AL
12335 High…
$215,000
4 br  3 ba
241 Starboard Drive, Shelby AL
241 Starbo…
$199,000
3 br  2 ba
340 North River Drive, Shelby AL
340 N River…
$290,000
3 br  2 ba
View all Shelby Homes for Sale
 
Stats & Trends
Shelby

Real Estate Overview

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Community Info

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Nearby Cities

Cities
Median
sales price
Average
listing price
Columbiana
$140,000
$362,870
Wilsonville
$135,600
$558,484
Calera
$119,950
$180,477
Harpersville
$150,000
$326,208
Chelsea
$219,950
$275,727
Montevallo
$89,500
$148,214
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Advice

Recent Q&A in Shelby, AL

Q: I would like to know what amount of down payment an investor needs to have for a conventional loan on a foreclosure? 1 answer
Q: Should I buy an old completely redone home in a great location over buying a newish home in a subdivision in? 5 answers
Q: My home appraised for $430,000 four years ago. What are homes selling for in my area now? 2 answers
Q: Can anyone recommend Title services and a closing attorney at a reasonable price? 3 answers
Q: What are the first steps of getting a home built? I looked at several web sites and none of them answered my 5 answers

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Nearby Cities Real Estate

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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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Our real estate market trends page gives you a valuable overview of the Shelby real estate market. Find Shelby properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Shelby average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Shelby housing statistics are available for each Shelby, AL neighborhood.
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About this Info
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.

 
   
About this Info
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.

 
   
About this Info
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.

 
   
About this Info
Average Price per Square Foot 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.