Cullman County Homes Selling 10 Percent Faster Than A Year Ago
By ACRE Research
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Sales: According to the Cullman MLS, there were 73 residential sales in Cullman County during April, a 7.6 percent decrease from one year ago. Current sales volume is 12.3 percent above the five-year April average of 65 closed transactions. Two more resources to review: Quarterly Report and Annual Report.
Forecast: April sales were 18 units or 19.8 percent below the Alabama Center for Real Estate’s monthly forecast. ACRE forecast 311 residential sales year-to-date in the area, while there were 259 actual sales through April. Demand: April residential sales decreased by 8.8 percent from the prior month. Historical data indicate that April residential sales on average (’13-’17) increase from March by 5.2 percent. Homes selling in Cullman County in March averaged 106 days on the market, a decrease of 10.2 percent from one year ago.
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