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Huntsville AL Real Estate Market Trends – December 2011

By: Huntsville Real Estate Expert Mike Manosky On February 1, 2012

Environmentally friendly features have become more important to home buyers according to the 2012 Home Buyer and Seller Profile published by the National Association of Realtors. The importance of various features such as heating and cooling, energy efficient appliances and lighting, landscaping, and an environmentally friendly community differ by region.

  •  Commuting costs and environmental efficiency have increasingly factored into home buying decisions due to higher energy costs, but also due to overall concern for the environment.
  • Factors that are most important to buyers are those directly related to the buyers’ pocketbook.
  • Heating and cooling costs were at least “somewhat” important to 87 percent of home buyers.
  • Commuting costs were at least “somewhat” important to 73 percent of home buyers.

Now take a look at the Huntsville AL real estate sales for December.

Madison County/Huntsville AL Real Estate Sales Statistics

Huntsville AL and Madison County saw an increase of 7% in sold listings in December 2011 when compared to November 2011.  The average list price decreased 1% to $194,072 and the average sales price decreased by 1% to $188,077.  The average price per square foot was up by $11 per square foot, while market times increased by 10 days.

Date Sold Listings Average List Price Average Sale Price Percent SP/LP Average DOM Average Price Sqft
December
2011
358 $194,072 $188,077 97.16% 96 $79
November
2011
334 $194,821 $188,912 95.95% 86 $68

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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