Huntsville AL Real Estate Market Trends
Let’s take a look at the sales statistics for Huntsville in January 2008 to see how the year started off:
Huntsville/Madison County Market Statistics
The Huntsville and Madison County markets experienced a considerable slowdown in activity this January, when compared with January 2007. Sales were down when compared with 2007, but by 26%. Average sale prices, however, increased by 9% with the average home selling for $193,104.
Average market times increased, with the average home on the market for 111 days vs 84 days in January 2007. The average price per square foot of home went up 6% to $90.
Date |
Sold |
Average |
Average |
Percent |
Average |
Average |
Jan 2008 |
327 |
$197,682 |
$193,104 |
97.68% |
111 |
$90 |
Jan 2007 |
439 |
$187,259 |
$184,246 |
98.39% |
84 |
$84 |
If you are planning to buy or sell a home in 2008, or if you want to learn more about Huntsville AL real estate, please contact me at 256-508-0211or visit MoveToHuntsville.com.
To begin searching for Huntsville AL homes, please use my complimentary MLS search.
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