huntsville al real estate

Freddy Mac reports that mortgage rates staying low. Here are the national averages for mortgage rates during the week ending Oct. 6:

  • 30-year fixed-rate mortgages: averaged 3.42 percent, with an average 0.5 point, unchanged from last week. A year ago, 30-year rates averaged 3.76 percent.
  • 15-year fixed-rate mortgages: averaged 2.72 percent, with an average 0.5 point, also unchanged from last week’s average. Last year at this time, 15-year rates averaged 2.99 percent.
  • 5-year hybrid adjustable-rate mortgages: averaged 2.80 percent, with an average 0.4 point, dropping slightly from last week’s 2.81 percent average. A year ago, 5-year ARMs averaged 2.88 percent.

With rates like this, is it time for you to buy a home? If so, just hit reply to get started!

Take a look at how many folks bought homes in our market last month…

Huntsville AL Real Estate Sales Statistics for September 2016

Huntsville AL and Madison County saw a decrease of 10.17% in the number of sold homes in September when compared to August 2016. The average list price increased by 0.62% to $220,264 and the average sales price increased 1.62% to $215,852. The average days on the market decreased by 7 days or 7.69%.

Date Sold
List Price
Sold Price
SP/LP Average
Sq Ft Price
Days On Market
 Sept 2016 574 $220,264 $215,852 97% $90 98
August 2016 639 $218,892 $212,393 97% $89 91

Would you like to see the last years home sales in your neighborhood? Just reply to the email you received with your address and I will email you a link to all the sold homes in your area.

For more information about Huntsville AL real estate, please visit or call me at 256-508-0211.

To see all Huntsville/Madison County AL homes for sale, please use my complimentary MLS search.

Statistics are based on information for the North Alabama Association of Realtors and are deemed reliable but not guaranteed.