When relocating to a new area, I realize how difficult it can be.  I have worked with many RELO'S that only had 3 days to make the decision of which area in Huntsville will be home.  In the hopes of simplifying things for my buyers, I have started a series about the Huntsville Alabama Real Estate market, breaking it down into MLS search areas.  My first entry in this series was the Madison Alabama Real Estate area. You can find that here: Madison Alabama guide to home shopping

The southeastern area of Huntsville is one of the more popular and unique areas of the city. It is characterized by a variety of smaller neighborhoods with a wide assortment of homes in all price ranges.  The area is serviced by 4 Middle Schools (Challenger, Huntsville, Mountain Gap, and Whitesburg) and 2 of the more popular High Schools in the region; Grissom and Huntsville High.

If you are on a house hunt in Southeast Huntsville this fall, it would be good to have a general feel for market conditions in your particular price range, prior to actually visiting neighborhoods and viewing specific Homes.

Feel free to browse some of the current listings with these custom home-searches targeting the 4 different Middle School areas of Southeast Huntsville at various price points:

• $100k-$200k Challenger, Huntsville, Mountain Gap, Whitesburg
• $200k-$300k Challenger, Huntsville, Mountain Gap, Whitesburg
• $300k-$400k Challenger, Huntsville, Mountain Gap, Whitesburg
• $400k-$500k Challenger, Huntsville, Mountain Gap, Whitesburg
• $500k-$800k Challenger, Huntsville, Whitesburg
• $800k - Up      Huntsville, Mountain Gap, Whitesburg  (No homes in the Challenger zone at this time in this price range)

Now that you have a feel for the homes currently available, review the following graphic to get an understanding of current market conditions in Huntsville Alabama across the various price ranges.The chart takes a snapshot of the seasonal demand and current inventory of homes. It also captures the absorption rate inventory and average price per square foot across these categories.

Note the variety of market conditions and especially the market bias in your particular price range. For example, if you are a buyer in the upper end price range you can expect some seller flexibility. With a 17 or more month supply of inventory these sellers are likely experiencing some longer than normal time on market. 

If you'd like a more in-depth analysis, feel free to give me a call or email. www.Huntsville-Realestate.com

Happy House Hunting - Elizabeth