Tuscaloosa-Area Home Sales Up Nearly 11% in 2021

TUSCALOOSA, AL — Homes sales in Tuscaloosa for 2021 were up 10.8% through December, according to the latest data from the Tuscaloosa Association of Realtors.

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The association also reported that December home sales in the area decreased 8.4% year-over-year, from 310 closed transactions to 284, while sales increased 8.8% from November.

Looking at year-over-year trends, recent data shows the demand for new homes was down 8%, while the supply of homes on the market decreased by 28% over this time. It should also come as no surprise, due to rampant inflation, that prices are up 12% in the Tuscaloosa area.

Click here to read the full monthly report from the Alabama Center For Real Estate at the University of Alabama.

According to the Tuscaloosa Association of Realtors, the median sales price in December of a home in Tuscaloosa was $234,450 — marking an increase of 11.7% from a year ago and an increase of 2% from November.

What's more, it was reported that homes sold in December averaged 35 days on the market, selling eight days faster than in December 2020.

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