Huntsville AL Real Estate Sales Statistics
Huntsville and Madison County saw a decrease of 21% in sold real estate listings in April when compared to April 2008. The average sales price decreased by 3% to 185,797. Average price per square foot decreased by 2%. And the average list price decreased by 3%. While homes were only on the market an average of 3 days more than April 2008. The interest rates are in the 4.5-4.75% range for a 30 year mortgage.
This is a great time to consider buying or a home in Huntsville or Madison AL. Housing affordability is at an all-time high, interest rates are at near record lows and now first-time buyers can use their $8,000 tax credit towards a down payment. Don’t hesitate and lose out. Give me a call and learn how you can take advantage of the $8,000 tax credit for first-time home buyers.
Date |
Sold |
Average |
Average |
Percent |
Average |
Average |
Apr 2009 |
337 |
$190,700 |
$185,797 |
97.43% |
94 |
$87 |
Apr 2008 |
428 |
$196,377 |
$191,546 |
97.54% |
91 |
$89 |