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    Huntsville Real Estate Market Update- Job Growth Fueling a Balanced Market

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    Huntsville/ Madison County has consistently been one of Alabama’s most balanced markets in 2014. Today, we have a residential sales report to strengthen the argument and also give some great information on our market. Here are some of the highlights of that report:

    • Year-to-date sales remain virtually the same as last year.
    • Inventory of existing single family homes is up 7% this month.
    • Overall inventory is around 6.9 months, a very solid number for this time of year.
    • We have broken down our sales by type of home. Existing single family homes make up 78% of our sales, with new home sales accounting for about 19% and condos remaining the same at 3%.
    • The number of residential home sales have improved 15% this past month, while pricing on these homes has remained about the same.
    • Our area has been a hotbed for job growth. More jobs equal more home sales, which in turn equals more production, consuming, and support of local businesses.

    If you have any questions or would like more information on the Huntsville real estate market, please call or email us today. We would love to talk to you.


    This Week’s Closings, Congratulations!

    Mr. Leo F. Collins

    Mr. and Mrs. Garfield Olton

    Ms. Michelle Marbury

    Mr. and Mrs. Lance Proctor

    Mr. Nicholas T. Grilliot

    Mr. and Mrs. Michael Foxworth

    Mr. and Mrs. Allen Bacskay

    Mr. Michael Hollifield

    Mr. and Mrs. Russell Ward

    Mr. and Mrs. Curt Belshe

    Mr. and Mrs. Matthew Eslick

    Dr. and Mrs. Kirk Jackson

    Ms. Jennifer Reyes

    Ms. Casey RobinsonMs. Tammy Hodges


    This Week’s New Listings For Sale:

    388 Pine Grove Road $139,900

    2504 Yorkshire Drive $87,000

    4825 Inglewood Court $184,900

    804 Mullins Hill Drive $600,000

    36 Northampton $352,000

    238 Bermuda Lakes Drive $99,900

    555 Lake South Drive $289,900

    418 Harolds Drive $115,000

    161 Ford Chapel Drive $595,000

    132 Anna Kathryn Drive $219,900

    7009 Southgate Drive $300,000

    238 Rosecliff Drive $175,000

    111 Lullwater Way $328,000

    327 Harvestwood Court $145,000

    1526 Chandler Road $580,000

    16553 Timberlane Drive $459,900

    110 Cannes Drive $250,000

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