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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!

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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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