Summer real estate trends- all signs point up in Huntsville

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    According to a national report, June home sales were up 2.6% and prices jumped 4.3% since last summer. As far as the supply of available homes is concerned, inventory is at 5.5 months. This data shows that, nationally, we’re moving toward a stable and balanced market.

    As we all know, real estate is local – so national data doesn’t always tell us a great deal about whats going on here in Huntsville. Completely different trends could be occurring in different suburbs or different price ranges. For instance, we’ve seen home sales jump 5.3% since last June. This is good news, as new home sales help spur economic growth and job creation. We’ve also seen home prices increase by 10%, which means people are not only getting their homes sold, but for a profit. With inventory at 6.4 months, Huntsville has a very healthy, balanced market.

    As the summer wraps up, we’re going to see buyers become more selective with their home choices. If you’re looking to sell, your home needs to stand out. You need your home to look its best, have great curb appeal, be priced right, and marketed aggressively in order to attract the right kind of buyers. We’re always here to help – give us a call or shoot us an email if you have any questions about the buying or selling process. We would love to give you a hand.

     

    This Week’s Closings, Congratulations!

    Mr. Lyndell Maxwell

    Mr. and Mrs. Jason Hale

    Mr. and Mrs. Mark Humphreville

    Mr. Robert Higginbotham

    Mr. and Mrs. Farrell Adkins

    Mr. Ronald E. Egson

    Mr. and Mrs. Michael Armstrong

    Mr. and Mrs. Mark Bradley

    Mr. and Mrs. Keith Robinson

    Mr. and Mrs. Roby Mink

    Mr. Carl Joseph Neidert

    Mr. and Mrs. Richard Wendel

    Ms. Emily Howard

    Dr. and Mrs. Kirk Jackson

    Mr. and Mrs. Christopher Stout

    Mr. and Mrs. Kyle Gobble

    Mr. Levester Spearman

    Mr. and Mrs. Justin Henderson

    Mr. and Mrs. Tommy Elkins

    Ms. Erica Jones

    Ms. Robin Winchester

    Ms. Shirley Wheeler-Cromwell

    Ms. Candice cromwell-Edwards

    Mr. Bryan Smith

    Mr. and Mrs. Greg Steele

    Mr. and Mrs. Richard Morris

    Ms. Betty Kolenich

     

     

    This Week’s New Listings For Sale:

    141 Robinson Road $15,000

    1251 Steger Road $135,500

    4200 Lakeview Drive $84,900

    1207 Humes Ave. $179,900

    1326 Halsey Ave. $82,900

    2522 Garth Rd. $524,500

    2618 Valley Brook Dr. $140,000

    106 Greymont Drive $488,900

    409 Newman Ave. $375,000

    5015 Riverview Dr. $500,000

    708 Wade Road $259,900

    120 Suffolk Drive $144,900

    145 Robinsong Lane $210,000

    117 Dogwood Ridge Drive $250,000

    2041 Scott Road $204,900 

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