Alabama Residential Sales in March 2015 Rise 19 Percent; 80% of Local Markets Develop from Last Year

Mobile, AL -- (SBWire) -- 05/04/2015 --Alabama residential property sales adding up 4,289 housing units in March 2015 reflect a rise of 19.3% growth than the last year. Revenue for the month are 25.2% above the five-year plan March average sales (2010-2014) of 3,426 housing Units. Year-to date real estate sales through March are up 13.0% from 2014.

According to forecast of Sam Winter & Company, Inc., an Alabama based real estate firm, "March real estate sales were 219 units or 5.4% above our monthly forecast. The year-to date housing sales forecast from ACRE through March estimated 10,101 dealings while the real sales were 10,305 units, a 2.0% positive collective difference."

March residential property sales improved 33.4 percent as compared to last month. This path is in line with historic state wide data showing that march real estate sales on average (2010-2014) boost in the month of Feb by 30.0%. This pattern is in line with sentiment indicated by business experts within the 2015 Q2 ARECI (AlabamaReal Estate Confidence Index). The average DOM (Days on Market) till a list sold was 162 times, 2.6% slower-than this past year. Nationally, March sales were 10.4% above the same time this past year.

The Sam Winter & Co. serves as the voice of the Alabama real estate industry. They're the biggest statewide company of real estate experts who sale, rent, assess, and develop commercial, residential,resort and rural houses.

The Sam Winter's primary objective is to improve the real estate market in Alabama by offering related assets in the areas of education, training and outreach.

About Sam Winter & Company, Inc.
Sam Winter &Company, based in Fairhope, AL, is one of the significant residential and industrial real estate business. The firm provides the best-in broker and advisory solutions for real estate property purchasers to explore for houses within the beach sides of AL such as for instance Mobile, Daphne, Orange beach, Fairhope, and Spanish fort.

For more information and other media related inquiries, please contact:
City: Mobile
State: Alabama
Country: USA
Contact Name: Green Circle Agency
Contact Email: howdy@greencircleagency.com
Complete Address: P.O. Box 1085 Fairhope, AL
Zip Code: 36533
Contact Phone: 800-773-6503
Website: http://www.samwinter.com

Media Relations Contact

Steve Kaplan
800-773-6503
http://www.samwinter.com

View this press release online at: http://rwire.com/596048