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Madison County AL Foreclosure Statistics – November 2009

By: Huntsville Real Estate Expert Mike Manosky On December 28, 2009

There were 1,346 Madison County AL foreclosure homes for sale with 114 new foreclosures in November 2009. 1 in every 18,583 housing units received a foreclosure filing in November. The average sales price of a Madison County AL home was $172,641 and the average foreclosure sales price was $148,623, a $24,018 savings, according to RealtyTrac.com.

Madison County AL Foreclosure Activity and Home Price Index

 forecl-nov 2009

Madison County AL foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records. 

(more…)

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