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The Huntsville/Madison April Market Update

What did the Huntsville and Madison County real estate market look like this past April? Compared to last year, our market is trending up in most of the numbers. Our residential sales overall totaled 528 homes, which represents an almost 10% increase in sales compared to the same period last year.

Additionally, we experienced an increase in average and median sales price. The average days on market decreased by 3% taking us to an average of 96 days on market. We’re looking at 6.2 months of available inventory, which means we’re in a balanced market. In other words, we have an equal number of buyers looking to purchase a home and number of homes available for purchase. Buyers and sellers alike benefit from these market conditions.

Ultimately, if you’ve been considering listing your home, now is the time! Don’t wait or you might miss your chance. Our listing partners are standing by ready to assist you.

As always, if you would like more information regarding this report, or if you or someone you know is interested in buying or selling a home, please give us a call at 256-799-9000.


This Week’s Closings:
Spencers - Natalie Jones May 2016Kyle, Echo & Everett - Natalie May 2016Breanna and Shelby - Natsuki May 2016 (1)

  • Mr. and Mrs. Anthony Tamez
  • Mr. and Mrs. Eric Boggus
  • Mr. and Mrs. Ross McNeil
  • Mr. Cary Todd Jr.
  • Ms. Breanna L. Potter
  • Ms. Amy Renee Harris
  • Mr. and Mrs. Scott Swatzell
  • Ms. Rachel Thornton
  • Top Line Motors LLC
  • Mr. Terry Wright of The Oasis Group
  • Mr. and Mrs. Scott Johnson
  • Ms. Toni Pennington
  • Mr. and Mrs. Richard Marymee
  • Mr. and Mrs. Trey Pinegar
  • Mr. and Mrs. Christopher Anderson
  • Mr. and Mrs. Zach Champion
  • Mr. Kyle Knight
  • Ms. Echo Logan
  • Ms. Vakeshia LeJuan Baker
  • Mr. and Mrs. Trevor Kitts
  • Mr. Travis Michael Spencer
  • Mr. Ryan T. Kramer
  • Mr. Frank Hark
  • Ms. Charlotte J. Birchfield
  • Mr. and Mrs. Timothy Kavanagh
  • Mr. and Mrs. Samuel Madison
  • Mr. and Mrs. Micheal Streeter
  • Mr. and Mrs. Victor Cortez
  • Mr. Richard MacCrone

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