Athens Alabama Market Report 09/21/2013

By
Real Estate Agent with Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Huntsville AL

Athens Alabama Market Report 09/21/2013

 Search for photos and details of all available Homes For Sale Athens Alabama Piney Creek Subdivision Limestone County (link is updated daily for accurate current information) 

This report shows what's going on with home pricing and average days on the market for homes in the greater Athens Alabama area.  While the median home price took a dip and bottomed out in March of this year those prices have steadily been on the rise and a above pre 2013 prices.  The average days on the market have been high, however, that statistic is also improving to the lowest point since November of last year.  I mention this because of a subdivision of new homes that I'm promoting; Piney Creek Athens Alabama

Real Estate Market Chart by Altos Research www.altosresearch.com

In my opinion these homes are under valued and are a great deal considering that homes are selling quicker with home values going up.  One of the recent home sales in Piney Creek appraised well above it's selling price with the buyer getting instant equity.  While home prices in Piney Creek range from $238,000 to $326,000 all homes have recently gone through price adjustments for a quick sale.  What's the catch?  Well, if there is a "catch" it is that these homes are foreclosures...taken;  Deed in Lieu of Foreclosure...redemption rights may apply, but the build has waived his rights.

Piney Creek Athens AlabamaPiney Creek Athens Alabama

Piney Creek Home For SalePiney Creek Home For Sale

Piney Creek Homes For Sale in the last month since listed by me and my partner Kathy York, two homes have sold, another is pending and two more are being negotiated.  There are still five possibly seven homes not spoken for, but if the current trend continues they should not be available much longer.  For buyers still looking for a deal especially on foreclosure properties this is your chance.  Give me a call or send an email to get more information about these well built homes.  Rates are going up and homes are selling faster.

Search all Piney Creek Homes For Sale

 

Nick T Pappas

 

If you need a knowledgeable real estate professional in Madison or Huntsville Alabama area, why don't you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.

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Comments (10)

Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

Nick, with prices going up and days on market going down the Athens Alabama area looks like it's very healthy. Excellent market report. Good luck with Piney Creek it looks like it won't be long till all of those great homes are sold.

Sep 21, 2013 08:10 AM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Hi Nick, Piney Creek certainly has some good looking homes.  With TVA in the Athens area and such a close commute to the Madison / Huntsville area I'm sure many will be checking Athens AL out for homes.  I hope they are wise and contact you for their real estate needs.

Sep 21, 2013 08:40 AM
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Hello Nick, these are great looking homes. Clearly, those that are under contract were well priced and desired. There are some great foreclosure deals out there but timing is everything!

Sep 21, 2013 09:07 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nick excellent job on this market report.  The write-up was easy to follow, and the format and pictures were great.

Sep 21, 2013 10:33 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Nick

Great information in your market report - it's easy to see what has been going on this year.

Jeff

Sep 21, 2013 10:40 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Nick...great market report for Athens, Alabama.

Did you get your rain today?

Sep 21, 2013 12:18 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Nick, that chart says it all.  Prices up, days on market down.

Sep 21, 2013 09:54 PM
David Saks
(retired) - Memphis, TN

Another great post ! Thanks for sharing. Hopes for your continued success.

Sep 21, 2013 10:07 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nick, your graph speaks volumes and states quite clearly how the market is doing in Athens.    Contact Nick today for any homes in Piney Creek - at a deal!

Sep 23, 2013 01:13 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Nick, this looks like a great opportunity for Athens home buyers.  Wow.  

Sep 24, 2013 02:05 AM

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