What Kind of Market Are We Experiencing in Huntsville?

     

    All of us here at Amanda Howard Real Estate have been watching with delight as the Huntsville and Madison area housing markets have gotten back into full swing this summer. We are seeing more millennials buying homes, consumer confidence is up, and rates are hovering around 4%. In some Huntsville neighborhoods, we are having all-out bidding wars, with multiple offers on many single-family homes.

    Pull Quote Howard 7-23The upper-end homes are finally moving. Our office has been a part of 45% of those sales over $800,000 in the first 6 months of 2015. Supply is not keeping up with demand in Huntsville, and it’s not even close. This is very comforting to our sellers who need to sell at higher prices to get the equity back on their homes.

    If you’re curious as to what your home could be worth in a market like this, we have a great tool for you. We just purchased a new home value estimator, which you can get access to right here on our site. If you’re looking to buy, we also have access to the full MLS right here on this page.

    With all this being said, I have compiled the latest market report for you for June, reflecting the positive outlook I shared with you. Check it out below the article!

    We all need good news sometimes and I’m happy to say we have a strong Huntsville real estate market this summer. If you are in search of help or know someone looking to buy or sell, give us a call or send us an email. We would be glad to help in any way we can!

     

    June Mkt report chart

    This Week’s Closings,

    Congratulations!

    Ms. Sandra Cates

    Mr. Benjamin Smithson

    Ms. Tondra Madison

    The Estate of Betty Kelly

    Ms. Susan Noojin

    Ms. Diane Maples

    Ms. Julie Blackwood

    Mr. and Mrs. Christopher Brunton

    Mr. Derek Hardt

    Ms. Sharon Layne

    Mr. and Mrs. Brenton Davis

    Ms. Amber O’Hanian

    Mr. Richard Storie

    Mr. Robert Garner

    Mr. Gerald Keister

    Mr. and Mrs. Nicholas Lough

    Mr. Wayne Johnson

    This Week’s New Listings

    For Sale:

    3109 Charity Lane, $80,000

    215 Fields Pond Drive, $151,500

    3403 Tanglewood Drive, $140,000

    107 Ridgerun Court, $259,900

    109 Dexter Circle, $99,900

    813 Giles Drive, $109,000

    2004 Orba Drive, $155,000

    127 Sunshine Drive, $140,000

    14404 Hunter Road, $232,900

    728 Willow Shoals Drive, $159,900

    211 Guardian Drive, $161,900

    218 Duck Creek Drive, $179,900

    10222 Melanie Drive, $200,000

    1107 Big Cove Road, $199,000

    716 Mountain Gap Road, $145,000

    128 Rick Turner, $200,000

    2000 NE Smoketree Trail, $699,000

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