Huntsville and Madison Alabama Real Estate Blog: May 2008 Home Sale Statistics

Submitted by:
Kimberly Grant, Huntsville Real Estate Agent
Cell: 256-479-9664
Email: KimberlyGrant@exitrealtyhsv.com

Its been another great month in the Huntsville and Madison area in the real estate market.  There were 485 homes sold this month in the Madison area.  The total sales for the month of May reached $96,182,915.  Days on the market for May average 110. 

Here you can see the price range of the sales for Madison Alabama real estate.  The largest number of sales of Huntsville homes was in the price range of $200,000 and higher.  Over half of the March sales were in this price range.

Below is a breakdown of the home sales in Madison for May 2008 by property type.  By far, existing homes were the largest category of sales in the Madison area.  This is followed by the new construction property types. 

Currently there are 2985 homes for sale in the Madison area.  Feel free to use any of our resources if you would like to view our local homes for sale, receive a list of foreclosures in our area, or would like an estimate of how much your home could sale for in our current market.  We would be happy to work with you to buy or sell your next Huntsville or Madison home.  We would love to hear from you and we are just a phone call or email away!!

Kimberly Grant, Associate Broker 
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