Huntsville AL Real Estate Market Trends
Let’s take a look at the sales statistics for Huntsville in January 2008 to see how the year started off:
Huntsville/Madison County Market Statistics
The Huntsville and Madison County markets experienced a considerable slowdown in activity this January, when compared with January 2007. Sales were down when compared with 2007, but by 26%. Average sale prices, however, increased by 9% with the average home selling for $193,104.
Average market times increased, with the average home on the market for 111 days vs 84 days in January 2007. The average price per square foot of home went up 6% to $90.
|
Date |
Sold |
Average |
Average |
Percent |
Average |
Average |
|
Jan 2008 |
327 |
$197,682 |
$193,104 |
97.68% |
111 |
$90 |
|
Jan 2007 |
439 |
$187,259 |
$184,246 |
98.39% |
84 |
$84 |
If you are planning to buy or sell a home in 2008, or if you want to learn more about Huntsville AL real estate, please contact me at 256-508-0211or visit MoveToHuntsville.com.
To begin searching for Huntsville AL homes, please use my complimentary MLS search.
It seems like everywhere we turn these days, products and services we use every day are “going green.”