The latest numbers for the Huntsville/Madison County real estate market are in. Here’s what you should know.
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In this edition of Monday Morning Coffee, we’re going to go over the latest numbers for the Huntsville/Madison County real estate market through January 2017.
In comparing last year’s stats to this year’s, we’re seeing a bit of a mixed bag. North Alabama residential sales totaled 367 in January, a 3% increase in sales from the same period last year. We also saw a very slight increase in the average sale price by about 0.25%. The average days on market increased by 12%, taking us to an average of 83 days.
The average list price of our homes also increased by about 0.25%, coming out to just over $206,000. With four months of available inventory, we are definitely in a seller’s market. This means we have more buyers looking for homes than we have available inventory for sale. I’ve been sharing this number for months and it just keeps getting lower.
The market is definitely favoring home sellers right now. Our buyers are searching for homes daily, waiting for the right one to become available. Yours could be the perfect match. Please call us today if this is of interest to you.
If you or someone you know is interested in buying or selling a home, give us a call or send us an email. We are always happy to help. Until next time, make it a great week!
- Mr. Matthew Martz
- Mr. Jeremy Slaton
- Mr. and Mrs. David Shaunce
- Mr. and Mrs. James Service
- Mr. Gregory Wong
- Mr. and Mrs. Kevin Spratt
- Mr. and Mrs. Jeremy Donaldson
- Mr.a nd Mrs. Mousa Rayegh
- Ms. Tabetha Thompson
- Mr. Kevin Woods
- Mr. and Mrs. Robert Fox
- Mr. Terry Wright of The Oasis Group
- Mr. and Mrs. Gerald Clark
- Mr. and Mrs. Jared Webster
Hot New Listings For Sale:
- 2510 Quail Ridge Lane $155,000
- 2221 Matthews Street $249,900
- 3302 S Whitesburg Drive $219,900
- 207 Winthrop Drive $249,500
- 5002 Riverview Drive $455,000
- Limestone/Morgan County
- 109 Castle View Drive $205,000
- 12498 Jesse Lane $184,900
- 13164 Scott Lane $130,000
- 2016 Englewood Place $350,000
- North Alabama
- 4620 Rutledge Drive $105,000/a>
- 106 Millside Lane $162,000
- 449 Natures Way $425,000
- 7082 Jacks Creek Lane $278,900
- 986 Brownsboro Road $122,500
- 121 Meadow Green Drive $109,900
- 123 Crescent Circle 80,000
- 100 Daybreak Way $305,000
- Marchall/Jackson County
- 2735 County Road 8 $275,000