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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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