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Huntsville Real Estate Sales Statistics – August 2011

By: Huntsville Real Estate Expert Mike Manosky On September 27, 2011

A number of research studies have shown that home ownership provides social and societal benefits. Not only is home ownership one of the best ways to build long-term wealth, providing resources for a more comfortable retirement, but it also fosters an immeasurable sense of community and stability vital to growing families.

NAR’s “Social Benefits of Homeownership and Stable Housing” report reveals that home owners are happier and healthier. They tend to vote more, volunteer more and contribute more to their neighborhoods. Home owners do not move as frequently as renters, which encourages more neighborhood stability, and children of home owners are more likely to participate in organized activities and spend less time in front of the televsion.

Now take a look at the Huntsville’s real estate sales for August.

Madison County/Huntsville Real Estate Sales Statistics 

Huntsville and Madison County saw an decrease of 6% in sold listings in August 2011 when compared to July 2011.  The average sales price decreased by 6% to $186,685.  The average price per square foot increased by 6% in August and the average list price decreased by 6%, while market times decreased by 13 day.

Date Sold Listings Average List Price Average Sale Price Percent SP/LP Average DOM Average Price Sqft
August 2011 408 $191,355 $186,685 96.94% 84 $80
July 2011 434 $204,464 $198.685 97.16% 97 $75

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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.

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

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