Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Alabama
MEDLISPRIPERSQUFEEYYAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.59
Year-over-Year Change
-65.50%
Date Range
7/1/2017 - 8/1/2025
Summary
This economic trend measures the year-over-year change in median listing price per square foot for homes in Alabama, providing insights into the state's housing market conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Alabama metric tracks the annual percent change in the median price per square foot for active home listings in the state. This indicator offers valuable insights into housing affordability and demand trends within the Alabama real estate market.
Methodology
The data is collected and calculated by Realtor.com based on their comprehensive listings database.
Historical Context
This housing market indicator is widely used by economists, policymakers, and real estate analysts to assess the health and dynamics of the Alabama housing sector.
Key Facts
- The metric is reported on a monthly basis.
- It covers both single-family homes and condos/townhomes.
- Year-over-year changes reflect broader housing market trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the median listing price per square foot for homes in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This housing market indicator provides valuable insights into housing affordability and demand trends within the Alabama real estate sector, which is crucial information for economists, policymakers, and real estate professionals.
Q: How is this data collected or calculated?
A: The data is collected and calculated by Realtor.com based on their comprehensive database of active home listings.
Q: How is this trend used in economic policy?
A: This housing market indicator is widely used by economists and policymakers to assess the health and dynamics of the Alabama housing sector, which can inform policy decisions related to the real estate market and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for minor delays in the release of the latest figures.
Related Trends
Average Weekly Earnings of All Employees: Other Services in Alabama
SMU01000008000000011A
Average Weekly Hours of All Employees: Education and Health Services in Alabama
SMU01000006500000002A
Gross Domestic Product: Finance and Insurance (52) in Alabama
ALFININSNQGSP
All Employees: Mining and Logging: Mining (Except Oil and Gas) in Alabama
SMU01000001021200001
Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Alabama
EMISSCO2CRFACBALA
Housing Inventory: Pending Listing Count in Alabama
PENLISCOUAL
Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Year-Over-Year in Alabama (MEDLISPRIPERSQUFEEYYAL), retrieved from FRED.