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Madison County & Huntsville AL Foreclosure Statistics – April 2010

By: Huntsville Real Estate Expert Mike Manosky On June 1, 2010

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.

forecl-april 2010

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.

geo-april 2010

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.

trend-april 2010

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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