There were 1,526 Madison County & Huntsville foreclosure homes for sale with 168 new foreclosures in April 2010. 1 in every 842 housing units received a foreclosure filing in April. The average sales price of a Madison County AL home was $186,701 and the average foreclosure sales price was $180,632, a $6,069 savings, according to RealtyTrac.com.

Madison County & Huntsville Foreclosure Activity and Home Price Index

The Madison County and Huntsville price appreciation remained level in April with 168 new foreclosure homes.

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.

Madison County & Huntsville Foreclosure Geographical Comparison

Madison County & Huntsville foreclosure activity was 0.14% lower than national statistics and 0.01% higher than state figures.

Madison County & Huntsville Foreclosure Activity by Month

The number of  Bank-Owned properties increased from 67 in March to 103 in April. The number of  Auctions increased from 34 to 65. There is a 6-month rising trend in foreclosure activity.

Are you or someone you know behind on your mortgage payments and facing a Huntsville foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. Give me a call for a private consultation.

Learn more about Huntsville real estate.

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