Huntsville Alabama Real Estate: August Market Summary and Current Conditions

By
Real Estate Agent with Exit Leon Crawford Realty

Huntsville Alabama Real Estate: August Market Summary and Current Conditions
Submitted by: Kimberly Grant, Huntsville Real Estate Agent
Huntsville/Madison AL Real Estate Blog

Madison County Real Estate Update
It has been another great month in the Huntsville Real Estate market.  Here we are ready to recap our Huntsville statistics for the month of August as of today September 6, 2007.  I am very excited to report that there were 258 homes sold and closed in Huntsville during August!!!  This is slight decrease  from this month last year where there were 286 homes sold and closed. 

Huntsville home sales represent the majority of the 564 homes sold in Madison County last month.  There are some parts of the country that are really experiencing sluggish market conditions right now but Huntsville has kept a steady pace. 

 

The sold homes of Huntsville can be broken down into the following areas:Huntsville Homes for Sale

  • Northwest Huntsville: 46 sold homes
  • Northeast Huntsville: 24 sold homes
  • Southwest Huntsville: 76 sold homes
  • Southeast Huntsville: 61 sold homes
  • East Huntsville: 51 sold homes 

The average number of days on the market for Huntsville for the month of August was 74 days.  The average price of sold homes in Huntsville for August was $192,724.  This month last year the average selling price was only $171,488!!  In August, the median selling price was $165,000.

Currently there are about 1,249 Huntsville Homes for Sale.  If you are interested in buying, selling, or investing in Huntsville real estate, please feel free to utilize any of the following links:

Huntsville Foreclosures     Huntsville Home Evaluation     Huntsville Home Buyer

As always, you are welcome to contact me with any questions or if you need assistance with your real estate needs.  Just give me a call and experience Exceptional Service GUARANTEED!

Kimberly Grant
Realtor, Exit Leon Crawford Realty
Mailto:KimberlyGrant@exitrealtyhsv.com

 

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