Madison County & Huntsville Foreclosure Statistics – February 2010

By: Huntsville Real Estate Expert Mike Manosky On March 19, 2010

There were 1,443 Madison County & Huntsville foreclosure homes for sale with 173 new foreclosures in February 2010. 1 in every 817 housing units received a foreclosure filing in February. The average sales price of a Madison County AL home was $177,755 and the average foreclosure sales price was $146,741, a $31,104 savings, according to

Madison County & Huntsville Foreclosure Activity and Home Price Index

The Madison County and Huntsville price appreciation dropped 1.01% in February with 173 new foreclosure homes.

forecl-feb 2010

Madison County AL foreclosure activity is based on the total number of properties that receive foreclosure filings – default notice, foreclosure auction notice or repossession notice – each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.

Madison County & Huntsville Foreclosure Geographical Comparison

Madison County & Huntsville foreclosure activity was 0.12% lower than national statistics and 0,01% higher than state figures.

geo-feb 2010

Madison County & Huntsville Foreclosure Activity by Month

The number of  Bank-Owned properties increased from 49 in January to 89 in February. The number of  Auctions increased from 81 to 89. There is a 6-month rising trend in foreclosure activity.

trend-feb 2010

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

Learn more about Huntsville real estate.

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