Where has 2012 gone? The first half of 2012 is nearly behind us and I took a brief look at what is shaping up to be a recovery year for the Huntsville Real Estate Market.
I have tracked the sales data back to 2006, when our market was nearing its all time peak and I’m happy to announce …BUYERS ARE BUYING! The following chart shows Huntsville Home Sales for the first 5 months of the proceeding 6 years, and while we will likely not obtain home sales approaching our peak years, the current trend is in the right direction; with 2012 likely to out pace both 2010 and 2011.
Sold terms and market statistics, madison county, 2006-2012 1/1-5/31. What you’ll notice in the charts here are several things that I believe will begin to improve, once we work off our over supply of inventory. To continue reading about the Huntsville Real Estate market just click here!