July Market Snapshot for Hunstville

    The numbers are finally in for the month of July here in Huntsville. Here’s a quick rundown of what we’ve seen:

    • Active listings: 3,276 homes available in the Madison County area
    • Inventory: 7.1 months
    • Homes sold in July: 460 – down 17% from last year
    • Median sales price: $173,000 – down 3% since this time last year
    • Average days on market: Up slightly at 109 days

    As you can see, the numbers are down a little bit from last year. However, it’s important to remember 2013 was one of best years in real estate we’ve seen in quite some time. We would like inventory to be at 6 months, but the 7.1 we have now isn’t far from a healthy, neutral market. Overall, this isn’t a bad place to be heading into the fall.

    You can read the full report here if you’re interested in a more detailed analysis. Since market conditions vary by neighborhood, don’t hesitate to give us a call for more information about what’s going on in your particular area. Thanks, and have a great week!

    mkt report jpg

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    This Week’s Closings, Congratulations!

    Mr. and Mrs. Russell McGuire

    Mr. and Mrs. MIchael Zimmerman

    Mr. and Mrs. Brian Rainey

    Mr. and Mrs. William Wadlington

    Mr. Shane McCormick

    Ms. Mindy Ivey

    Mr. Chad Wilson

    Mr. and Mrs. Kim Upper

    Mr. and Mrs. Bryan Cleve

    Mr. Lewis Aycock

    Mr. Christopher Nona

    Ms. Katherine Heffelfinger

    Mr. Richardo Williams

    Mr. and Mrs. Ted Oliver

    Mr. and Mrs. William Hamren Jr.

    Mr. and Mrs. John Hancock

    Mr. David Robinson

    Mr. James Gleason

    Mr. Marcus McCall

    Mr. and Mrs. Emmett Martz

    Mr. John Wells

    Mr. Lance West

    Mr. and Mrs. Lewis Knox



    This Week’s New Listings For Sale:

    265 Mill Road $325,000

    111 Archered Way $189,900

    122 Butch Circle $175,000

    25852 Cobblestone Lane $280,000

    5809 Criner Road $279,900

    1501 Ravenwood Circle $119,900

    10306 SE Foothill Circle $184,900

    27124 Newberry Lane $235,000

    16377 Bruton Circle $300,000

    Highway 79 $475,000

    104 Cotton Bend Drive $127,500

    407 Mohawk Road $250,000

    202 Laramie Circle $169,900

    3643 Elkwood Section Road $115,000

    404 Summer Cove $175,000

    0 Springhouse Road $125,000

    249 Robinson Road $139,900

    1703 Pinewood Drive $250,000

    13219 Newby Plantation Lane $275,000


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