Is Calera, AL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Calera has remained a Buyer's Market.
Housing Prices in Calera, AL
How much do homes in Calera, AL cost?
Median Sold Price
$234,000
$147/sqft
Based on all homes sold in February 2024.
Difference Since Last Month
Summary: The median home sold price in Calera was $234,000 in February 2024, up 1.7% from last month, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $159.8K | - | N/A |
3 Bedrooms | $230K | $227K | -1.3% |
4 Bedrooms | $310K | $259.5K | -16.3% |
5+ Bedrooms | - | $380K | N/A |
Summary: Calera housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Calera | $230K | $234K | +1.7% |
Alabaster | $302.5K | $290K | -4.1% |
Alabaster-Helena | $357K | $325K | -9.0% |
Housing Supply in Calera, AL
How many homes are available in Calera, AL?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
111 | 131 | +18.0% |
Summary: The Calera real estate market had 131 homes for sale in February 2024, a 18.0% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 4 | +100.0% |
3 Bedrooms | 76 | 85 | +11.8% |
4 Bedrooms | 29 | 36 | +24.1% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Calera housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
15 | 17 | +13.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Calera in February 2024, up by 13.3% month-over-month. Of the 17 sold homes, 65% were sold under asking, 35% were sold at asking, and 0% were sold over asking.
Days on Market for Calera, AL
How long does it take to sell a home in Calera, AL?
Average Sale Time
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
52 Days | 51 Days | -1.6% |
Summary: Homes in Calera had an average of 51 days on market in Feb 2024, down by 1.6% compared to last month.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 17 homes were sold in Calera; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.