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Huntsville AL Foreclosure Trends – August 2013

By: Huntsville Real Estate Expert Mike Manosky On September 27, 2013

In August, the number of properties that received a foreclosure filing in Huntsville, AL was 27% lower than the previous month and 29% lower than the same time last year, according to RealtyTrac.com.

Huntsville Al Foreclosure Discount

The median sales price of Huntsville AL foreclosure homes was $71,723 or 6.7% less than the median price of regular homes in July 2013.

discount-aug 2013

Huntsville AL Foreclosure Geographical Comparison

Huntsville AL foreclosure activity in July was the same as national statistics, 0.04% higher than state numbers and the same as Madison County numbers.

geo-july 2013

Huntsville AL Foreclosure Activity by Month

The number of Bank-Owned properties increased 24.1% from July 2013 and 111.8% from August 2012.  The number of Auctions decreased 52.6% from July 2013 and decreased 62.5% from August 2012.

trend-aug 2013

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.

Information courtesy of Huntsville Alabama Real Estate Real Estate Broker, Mike Manosky.

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