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Huntsville AL Foreclosure Trends – February 2013

By: Huntsville Real Estate Expert Mike Manosky On March 26, 2013

There were 589 Huntsville AL foreclosure homes for sale in February 2013. The number of properties that received a foreclosure filing in Huntsville, AL was 41% lower  than the previous month and 11% lower than the same time last year, according to RealtyTrac.com.

Home sales for January 2013 were down 39% compared with the previous month, and up 14% compared with a year ago. The median sales price of a non-distressed home was $122,226. The median sales price of a foreclosure home was     $56,460, or 54% lower than non-distressed home sales.

Huntsville Al Foreclosure Sales Price Comparison

Foreclosure homes sold for 53.8% less in January 2013.

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in February was 0.06% below national statistics, the same as state figures and 0.02% below Madison County statistics.

Huntsville AL Foreclosure Activity by Month

The number of Bank-Owned properties decreased 52.7% from January and 18.8% from February 2012.  The number of Auctions dropped 24.4% from January and 3.1% from the previous year.

 

Are you or someone you know behind on your mortgage payments and facing a Huntsville AL 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.

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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