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December Market Report for Huntsville/Madison County

Today I’m going to be reviewing what happened here in the Huntsville real estate market in December 2014 and what it will mean for you in 2015.

Mkt Report JPEG

  • Huntsville/Madison County residential sales increased by 4.4% from December 2013, and sales also improved by 21.9% from November 2014.
  • Huntsville housing inventory stood at 3,320 units, which is an increase of 450 units from last December. This is also 21% higher than the 5-year December average.
  • Inventory to sales ratio stood at 8.3 months of supply, which puts us in a balanced market here in Huntsville.
  • The Median sales price was $169,900, which is a decrease of 7.5% from December 2013.


Overall, we ended on a positive note here in Huntsville because  so many homes sold and closed at the end of the year in 2014. This is great news for you if you plan on entering the real estate market in 2015!


Stay tuned, we will analyze what happened in our local real estate market in 2014 as a whole.


As always, please contact me with any questions you might have regarding real estate in Huntsville!


This Week’s Closings, Congratulations!

Mr. and Mrs. Andrew Pleasanton

Mr. Lee C. Sanders

Ms. Holley Kelley of HALICO, LLC

Mr. Randy Owen

Mr. Daniel Burns

Mr. and Mrs. James Church

Mr. and Mrs. Frank White

Ms. Leslie Schiber

Mr. and Mrs. Chris Strickland

Mr. Christopher Fears

Ms. Irasema Hall

Mr. Richard Knox

Ms. Dana Cave

Mr. Wesley David

Ms. Loretta Boyett

Mr. Christopher Roberts

Mr. William Thompson

Mr. Brian Childs

Ms. Shea Lones Cooley

Mr. and Mrs. Mark Varenhorst

Ms. Janet Elderkin

Mr. and Mrs. Ardeshar Dutia

Ms. Emory Esterly

Mr. Jared Dulaney

Ms. Jessica Frogue

Mr. and Mrs. Keagan Murphy

Mr. and Mrs. Brain Hite

Mr. David Tipton

Ms. Judy Huggins

Norman and Beverly Stanek

Ms. Katie Hamaker

Mr. and Mrs. Johnathan Fritz

Mr. and Mrs. Paul Bray

This Week’s New Listings For Sale:

106 Misty Hollow Way, $253,000

104 Gas Lamp Circle, $345,000

1804 Mountainbrook Drive, $349,900

105 Thistledowns Drive, $120,000

1234 Keel Mountain Road, $187,500

105 Wallhaven Drive, $150,000

110 Otter Trail, $155,000

1402 West Market, $89,900

26877 Thomas Edward Drive, $179,900

206 Riverwalk Trail, $375,000

309 Saddlegate Drive, $154,000

716 Willow Shoals Drive, $162,000

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