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Huntsville Real Estate Sales Statistics – April 2011

By: Huntsville Real Estate Expert Mike Manosky On May 20, 2011

The storm and tornado event that swept through Alabama occurred on April 27th, The end of the month is typically a heavy closing time for real estate sales in our area. Power was out in our area for at least 5 days following the event. Many of the closings scheduled for April 27 to April 30th did not take place. Most of those closings were all pushed into May. Most lenders required post storm inspections before they would fund the transactions. This caused many of the scheduled April closings to get pushed further into May.

Now take a look at how April’s weather affected the Huntsville market as a whole.

Madison County/Huntsville Real Estate Sales Statistics 

Huntsville and Madison County saw an decrease of 27% in sold listings in April 2011 when compared to March 2011.  The average sales price increased by 4% to $206,649.  The average price per square foot increased by 13% in April 2011 when compared to March 2010.  And the average list price increased by 4%, while homes were on the market an average of 7 days less than in March 2010.

Date Sold Listings Average List Price Average Sale Price Percent SP/LP Average DOM Average Price Sqft
Apr 2011 245 $213,656 $206,649 95.27% 99 $92
Mar 2010 336 $204,737 $197,914 95.36% 106 $80

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.  

Having lived in the Huntsville AL area for most of his life, Mike Manosky understands exactly what makes this community special.  In fact, those who know him well will tell you he carries the same traditional values and focus on the future as Huntsville. 

Mike brings with him a keen eye for the details of buying or selling a Huntsville AL home and seemingly boundless determination and energy, which is why his clients benefit from his unique brand of real estate service. Rooted in Tradition, Focused on the Future – Mike Manosky will help make the most of your Huntsville AL real estate experience. Give him a call today, 256-508-0211 Direct or 800-803-0053 Toll Free, and discover the difference he can make during your family’s move.

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

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