More information about the HEALTHY Huntsville Alabama Real Estate Market!

Healthy Property Values in Madison County Alabama

The evidence is real: median home sale prices in 2008 has risen, sellers are getting prices near their asking price. Median sales prices increased nearly 8 percent last year to $169,573 - long-term price appreciation, a 67 percent increase in property values since 2000; all this under a period of low interest rates. 

John Allen, president of the Huntsville-Madison County Builders Association (www.healthyrealestate.info), said he wanted to get out the message that despite concerns raised by national reporting on a weak housing market, the Huntsville market is strong and continues to grow. "We're in unique economic times, and people see that and they worry about it," Allen said. "But our numbers show we're trending upward. We're trying to allay their concerns for local real estate." In fact, total homes sold in the Huntsville area increased 0.55% in February 2008 over February 2007, the only metro area in Alabama with positive growth.

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