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labama's real estate market is thriving despite economic changes. In November, the state saw over 50,000 home sales, a 5.9% increase from the previous month but a 2.5% decrease from the previous year. Since 2023, the median sales price of homes has risen by $6,000, or 2.8%. The state's real estate market has seen over $1.2 billion in transactions, with a surge in housing availability, offering buyers more options. Alabama also experienced a 22.2% decrease in foreclosures compared to the previous year and is expected to see a 2.6% decrease in December.
