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Huntsville Real Estate Sales Statistics – September 2009

By: Huntsville Real Estate Expert Mike Manosky On October 29, 2009

Fortune Small Business has named Huntsville the No.1 medium-sized city to grow a business in the “Best Places to Launch” feature appearing in the magazine’s November issue.

Orion Propulsion and its president, Tim Pickens, is featured in the article, with Pickens discussing the growth of his company that specializes in rocket-engine testing and manufacturing. “I couldn’t ask for a better community for doing what I want to do, and that’s developing a space company,” Pickens said in the article.

The “Best Places to Launch” feature is based on the findings of a study by the Kauffman Foundation and the magazine showing which small, medium and large U.S. cities scored the highest based on per capita income, hourly wages, workforce quality, crimes rates, taxes and foreclosures. The study is available on the CNNMoney.com Web site. 

Huntsville/Madison County Market Statistics 

Huntsville and Madison County saw an decrease of 5% in sold listings when compared to August 2009.  The average sales price decreased by 1% to $189,447.  The average price per square foot increased by 3%.  And the average list price decreased by 1%.  While homes were on the market an average of 6 days more than August 2009.   

Date

Sold
Listings

Average
List Price

Average
Sale Price

Percent
SP/LP

Average
DOM

Average
Price
SqFt

Sept 2009

380

$194,721

$189,447

97.80%

74

$90

Aug 2009

399

$195,979

$191,617

98.20%

68

$87

This is a great time to consider buying or a home in Huntsville or Madison AL. Housing affordability is at an all-time high, interest rates are at near record lows and now first-time buyers can use their $8,000 tax credit towards a down payment.

Don’t hesitate and lose out. Give me a call and learn how you can take advantage of the $8,000 tax credit for first-time home buyers.

For more information about Huntsville AL real estate, please visit MoveToHuntsville.com or call me at 256-508-0211. 

To begin searching Huntsville AL homes, please use my complimentary MLS search. 

Statistics are based on information for the North Alabama Association of Realtors and are deemed reliable but not guaranteed.  

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