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What is happening with the Real Estate Market in the Shoals (April)

Are we seeing a housing bubble, and what should I do with my home? It can be so confusing with all the headlines, what the best choice to make is for your family. I totally understand. I am in this market in the Shoals every day and I can help you navigate these unprecedented waters.

First, let's take a look at the data from our area so you can make an informed decision. Let’s look at the data of what’s happening so that you can make an educated decision. First off, according to real estate experts and advisors anytime you have inventory levels that are at 6 months of inventory or below, that we are in a seller’s market. It’s all about supply and demand, and when there is a limited supply like there is right now, then the prices go up. So let’s see what inventory levels are doing here locally.

In Florence, there are 28 active listings on the market (as of April 21). 77 homes sold in the month of March with an average of 7 days on the market. Those homes sold for an average sales price just over $200,000.

There are 24 active listings in Muscle Shoals. 35 properties sold in March. They were on the for just five days on average and sold at $236,000 on average.

As you can see it is a great time to sell your home in the Shoals. We are in a strong seller's market. Get in touch if you have been thinking of selling for a risk-free strategy session at no cost to you.

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