Huntsville Housing Market Expected To Rise In 2007
The average sales price increased in December 2006 by approximately $13,538 or 9 percent from December 2005 to $164,800. The number of homes sold increased during this time period by 9 percent or 80 homes and the active listings increased by 20 percent. Market times dropped by 4 percent.
|
Date |
Active |
Sold |
Median |
Average |
Average |
|
Dec 2006 |
4,862 |
966 |
$131,900 |
$164,800 |
99 |
|
Dec 2005 |
4,064 |
886 |
$132,500 |
$151,262 |
103 |
Year end figures for Huntsivlle real estate are excellent, especially when compared to other parts of the country experiencing declines in sales and prices. The number of homes sold in 2006 increased 14 percent compared to 2005, while market times remained stready.
The average sales price increased last year from $147,592 in 2005 to $158,326 in 2006, representing a 7 percent increase.
|
Date |
Sold |
Median |
Average |
Average |
|
2006 |
12,100 |
$134,842 |
$158,326 |
106 |
|
2005 |
10,624 |
$124,483 |
$147,592 |
106 |
Interesting in knowing what prices are doing in your neighborhood? Visit HuntsvilleHouseValue.com. Your market valuation will be emailed to you.
Statistics are based on information for the Huntsville Chamber of Commerce and are deemed reliable but not guaranteed.
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