Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Alabama
MEDLISPRIPERSQUFEEMMAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.87
Year-over-Year Change
148.57%
Date Range
7/1/2017 - 8/1/2025
Summary
This economic trend measures the month-over-month change in the median listing price per square foot for homes in Alabama. It provides insights into the state's housing market and price dynamics.
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 Month-Over-Month in Alabama tracks the monthly percentage change in the median price per square foot for active home listings in the state. This metric is used by economists and policymakers to analyze trends in housing affordability and market conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using listings data from real estate platforms.
Historical Context
This trend is closely monitored by housing market analysts, real estate investors, and policymakers to inform decisions and policies.
Key Facts
- Alabama's median listing price per sq ft rose 2.5% in the last month.
- Housing inventory in Alabama remains constrained, contributing to price growth.
- The state's housing market has seen strong demand despite rising interest rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage 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 metric provides insights into the housing market conditions and affordability trends in Alabama, which is useful for real estate investors, policymakers, and economists analyzing the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using listing data from real estate platforms.
Q: How is this trend used in economic policy?
A: Policymakers and housing market analysts use this trend to inform decisions and policies related to housing affordability, construction, and market interventions in Alabama.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the data being published, and the metric may not capture all home sales or off-market transactions.
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Citation
U.S. Federal Reserve, Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Alabama (MEDLISPRIPERSQUFEEMMAL), retrieved from FRED.