Birmingham residential sales rise, inventory decreases

The Birmingham metro residential market saw an increase in sales last month, according to a recent report.

Alabama Center for Real Estate data shows there were 1,513 residential sales in April, which represents a 7.1 percent increase over March and an 18.4 percent increase over April 2017.

The average sales price also increased, up 5.1 percent in April from the previous month to $241,269.

However, the data also shows that the persistent supply problem continues in the Magic City.

The total units…

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