Housing Inventory: Median Listing Price Year-Over-Year in Alabama
MEDLISPRIYYAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.42
Year-over-Year Change
-217.36%
Date Range
7/1/2017 - 7/1/2025
Summary
The 'Housing Inventory: Median Listing Price Year-Over-Year in Alabama' tracks the annual change in the median listing price for homes in Alabama. This metric provides insights into the state's housing market dynamics and price trends.
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
This series measures the year-over-year percent change in the median listing price for residential properties in Alabama. It is a key indicator of housing market conditions, reflecting the interplay of supply, demand, and pricing in the state's real estate landscape.
Methodology
The data is collected and calculated by the U.S. Federal Reserve through surveys and analyses of listing price information.
Historical Context
Policymakers and market analysts use this trend to gauge the health and affordability of Alabama's housing market.
Key Facts
- The median listing price in Alabama has increased by over 10% in the past year.
- Housing inventory has remained tight, contributing to rising prices.
- The state's homeownership rate is above the national average.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in the median listing price for residential properties in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into housing market dynamics and price trends in Alabama, which is crucial information for policymakers, real estate professionals, and consumers.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data through surveys and analyses of listing price information.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to gauge the health and affordability of Alabama's housing market, which informs policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a short delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price Year-Over-Year in Alabama (MEDLISPRIYYAL), retrieved from FRED.