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Huntsville, Alabama Real Estate Sales Statistics - April 2009

Here are the Huntsville, Alabama Real Estate Sales Statistics for the month of April 2009.  

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ APRIL 2009
# Existing Single Family Homes Sold This Month Average List Price Average Sold Price Average Days on Market List Price vs. Sale Price %
311 $195,772 $190,666 95 97.39%
Area # of Sales in April '09 Avg Sales Price April '09 Avg Sales Price March '09 Trend
HSV CITY NW 30 $123,720 $87,130 UP
HSV CITY NE 16 $126,101 $117,925 UP
HSV CITY SW 45 $158,521 $156,335 UP
HSV CITY SE 35 $196,537 $204,720 DOWN
MAD CITY LIMITS 45 $272,282 $210,533 UP
HSV CITY EAST 26 $288,477 $294,713 DOWN
MAD OUTSIDE CITY 34 $209,385 $193,184 UP
MAD CO NW 22 $156,295 $134,225 UP
MAD CO NE 50 $165,983 $203,563 DOWN
MAD CO SW - - $163,000 -
MAD CO SE 8 $118,238 $131,975 DOWN

 
April was a green month for Huntsville, Alabama real estate!  Lots of positive movement in most of the areas throughout both Madison and Huntsville was witnessed by home sellers.  Even though home prices have dropped over the past year in each area, it is nothing like most similarly sized cities throughout the US.  With the continuation of population growth and job opportunities, along with low mortgage rates, Huntsville, Alabama real estate is still seen as a great investment for families and an even better place to call home.   

When looking back to this time 3 years ago, for instance, the average Huntsville homes sale price was in the low $160K's!  When you compare this to areas in Florida or California, it's staggering to see how well our market is holding up during this difficult financial time; pricing in Florida and California have plummeted to prices that haven't been seen since the mid-80's!   Huntsville, Alabama real estate truly is holding strong!  Please feel free to contact me if you would like to discuss the market with me or get a comparative market analysis of your current home.

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