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Huntsville, AL Real Estate Report ~ February 2009

Saturday, April 4th, 2009

Please find below the updated summary of the Huntsville, AL Real Estate activity for the month of February 2009, versus the month of January.  As last month, this new layout shows the trend that each area of the Huntsville/Madison cities and suburbs are taking.  Although the number of days it is taking a seller to close on their property (up 3 days over January's and 5 days longer than December 2008), the list price to sale price is increasing, which makes it worth waiting those extra few days to sell.  Please take a look at the chart below and let me know if you have any questions.

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ FEBRUARY 2009
# Existing Single Family Homes Sold This Month Average List Price Average Sold Price Average Days on Market List Price vs. Sale Price %
518 $201,587 $195,919 103 97.19%
Area # of Sales in February '09 Avg Sales Price February '09 Avg Sales Price January '08 Trend
HSV CITY NW 22 $100,987 $121,062 DOWN
HSV CITY NE 18 $140,689 $146,925 DOWN
HSV CITY SW 35 $194,687 $167,918 UP
HSV CITY SE 33 $214,885 $266,730 DOWN
MAD CITY LIMITS 33 $274,171 $274,663 -
HSV CITY EAST 24 $267,965 $374,013 DOWN
MAD OUTSIDE CITY 29 $221,672 $218,574 UP
MAD CO NW 17 $136,652 $146,450 DOWN
MAD CO NE 40 $168,830 $170,637 DOWN
MAD CO SW - - $152,000 -
MAD CO SE 6 $118,033 $105,450 UP

Here is a slideshow of some of the homes that sold over the past month:


Please bookmark this site for future market reports for the upcoming year.  You can also go to my previous blogs to see how the market has changed over the past year.

The Panoply Festival ~ Huntsville, Alabama

Saturday, April 4th, 2009

Panoply Festival

 

"Art is a BLAST!" This is the theme of the 28th Annual Panoply Festival in Huntsville, AL. A tradition for the Huntsville area this festival is held every year in the last full weekend of April. Starting at 5:00 p.m. Friday, April 24th, the festival kicks off with an array of exciting activities.

Big Spring International Park in downtown Huntsville is the setting for the weekend extravaganza that includes competitions in photography, visual art, playwright competitions and fiddling as well as Alabama's own local talent. This festival is a favorite of the young and young at heart alike. The wide assemblance of talent and activities is what makes the draw of the crowd well over 100,000 every year.

Artists abound whether it is of the typical type or weaving, pottery sculpture or airbrushing. The artist create masterpieces on site while you watch. "Arts in Action" is a huge draw every year for the crowd that enjoys watching the artists at work. They will be happy to explain their chosen field and answer any questions for the aspiring artists in the crowd. Who knows? You may find your next masterpiece here.

The Arts Central Tent is open for viewing the array of art available all year through the Huntsville Arts Council. They will have brochures listing the year's upcoming shows and special events. Don't forget to enter the drawings for artwork, tickets and other great items.

This is a family fun weekend with kid friendly shows and their own "make-n-take" activities. The wide array of food available will tickle the palate. There are even fun competitions for the food vendors with a "Taste of Panoply". Of course, you know the real winners are the festival goers who get to eat the food. 

Mountain Valley Songwriters Competition will be joining the festival for the 9th year in a row. The competition will be on Saturday and is judged only on the music and lyrics; not the singer's voice. So you may win even if you cannot carry a tune. However, if you want you can have someone else to sing your song for the competition.  Another great feature of the festival is the 10 minute playwright competition. This allows anyone to submit their script for consideration of being produced by a panel of judges. You may be a novice or an established playwright. The theme is determined every year and the winners enjoy their play being produced plus a $50 stipend. 

The Panoply Arts Festival is just what the name implies - a magnificent array of the best in the Huntsville, AL real estate area when it comes to art of all kinds. From face painting for the kids to the different cultures represented, this is one of the most diverse events in the area. The top off every night of the festival are the fireworks which light up the sky with a bevy of colors. Nightly at 9:00 p.m. on Friday and Saturday and closing night at 8:00 p.m. this is one of the much anticipated parts of the evening.

It is hard to choose a favorite part of the festival as the whole experience is so much fun. The one thing you will like about the Panoply Festival is it is good wholesome fun for the entire family. So whether you are a new visitor, yearly returning arts fanatic, or a Huntsville, AL home owner, come and enjoy the art, enjoy the food and best of all enjoy yourself!

Huntsville, AL Real Estate Tops The A-Lists Time and Time Again!

Friday, March 27th, 2009

There's no better time than today to boast about the great reasons why buying and living within the Huntsville, AL real estate area is the best decision you are going to make!

Below is a list of this great city's accomplishments and recognitions over the past year - from one of America's leading greenist cities to one of the top ten cities for job growth.

Huntsville named one the South’s leading cities for Defense Jobs

February 2009


The City of Huntsville receives Standard & Poor’s highest possible “AAA” bond rating for strength of the local economy

January 2009


Huntsville named one of 10 Great Cities for Salary Growth

January 2009


Madison County named the country’s Best Place to Live to weather the economy

November 2008


Huntsville named one of the Top 50 Best Places to raise children in the U.S.

November 2008


Huntsville named one of the Top 5 locations in the U.S. for aerospace companies

October/November 2008


Huntsville named one of America’s Top 5 Cities for Job Opportunities

September 2008


Huntsville named one of the Top 5 Best Performing Cities in the Country

September 2008


Huntsville named the #1 Mid-market in the South

August 2008


Huntsville named one of America’s Top 5 Mid-Sized Cities for Doing Business

July 2008


Huntsville is one of the country’s Top 10 Technology Cities, ranking 3rd in the country for concentration of technology workers

June 2008


Relocate-America
Huntsville named one of the country’s Top 10 Places to Live

May 2008


Huntsville named one of America’s Leading Greenest Cities”. -Popular Science, March 2008

March 2008

For more information on why buying a Huntsville, AL home should be in your future plans, please call me anytime.  I've got over a dozen EXCELLENT reasons why I'd love to talk to you more about!

Huntsville, AL Real Estate ~ Featured Home ~ 222 Legacy Park Drive

Wednesday, March 18th, 2009

222 Legacy Park Drive

Welcome to this fabulous one owner custom built 4 bedroom, 2.5 bath pool home, including a three car side entry garage, and approximately 600 sqft unfinished floored walk out storage accessible through closet in master.

Formal living room, dining room and family room will be enjoyed by all. Hardwood and tile throughout except in bedrooms. You can just imagine your family taking advantage of the fun activities on the large 500 sqft deck and very private back yard in the coming months.  And next winter, enjoy the gas log fireplace...

Transferable Cook's Termite Bond.  Located within Legacy Park subdivision, this home is within Monrovia Middle & Monrovia Elementary school districts.

Note - Seller will provide a $4,000 Decor. Allowance at Closing too!  For more information on this or any other Huntsville Real Estate property, please contact me anytime.

Huntsville, AL Real Estate Report ~ January 2009

Thursday, March 5th, 2009

Please find below the updated summary of the Huntsville, AL Real Estate activity for the month of January 2009, versus the month of December.  As last month, this new layout shows the trend that each area of the Huntsville/Madison cities and suburbs are taking.  The trend this month shows a more optimistic upturn to the market in most areas, which is great news for sellers.  This time of year (the middle of winter) tends to be a slower season for the real estate market, which shows in the smaller number of sales during this first month of the new year.  Please take a look at the chart below and let me know if you have any questions.

 

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ JANUARY 2009
# Existing Single Family Homes         Sold This Month Average List Price Average Sold Price Average Days on Market List Price vs. Sale Price %
447 $214,229 $207,178 100 96.71%
Area # of Sales in January  '09 Avg Sales Price January  '09 Avg Sales Price December '08 Trend
HSV CITY NW 27 $121,062 $128,320 DOWN
HSV CITY NE 12 $146,925 $122,723 UP
HSV CITY SW 30 $167,918 $160,989 UP
HSV CITY SE 22 $266,730 $188,798 UP
MAD CITY LIMITS 36 $274,663 $236,389 UP
HSV CITY EAST 16 $374,013 $292,364 UP
MAD OUTSIDE CITY 35 $218,574 $215,503 UP
MAD CO NW 19 $146,450 $153,214 DOWN
MAD CO NE 32 $170,637 $178,613 DOWN
MAD CO SW 1 $152,000 $149,273 UP
MAD CO SE 2 $105,450 $146,333 DOWN

Please bookmark this site for future market reports for the upcoming year.  You can also go to my previous blogs to see how the market has changed over the past year

 

Huntsville, AL Real Estate Report ~ December 2008

Wednesday, January 14th, 2009

Below is an updated summary of the Huntsville, AL Real Estate activity for the month of December, versus the month of November.  This new layout shows the trend that each area of the Huntsville/Madison cities and suburbs are taking.  This trend this month shows an obvious downturn to the market in most areas, which is great news for buyers.  Many people look to move during this time of year, and here is another great reason why!  Take a look at the chart below and let me know if you have any questions.

HUNTSVILLE REAL ESTATE
MARKET STATISTICS ~ DECEMBER 2008
# Existing Single Family Homes         Sold This Month Average List Price Average Sold Price Average Days on Market List Price vs. Sale Price %
522 $159,899 $153,549 98 96.03%
Area # of Sales in December '08 Avg Sales Price December '08 Avg Sales Price November '08 Trend
HSV CITY NW 38 $128,320 $130,574 DOWN
HSV CITY NE 13 $122,723 $158,588 DOWN
HSV CITY SW 41 $160,959 $171,548 DOWN
HSV CITY SE 22 $188,798 $278,754 DOWN
MAD CITY LIMITS 42 $236,389 $272,066 DOWN
HSV CITY EAST 13 $292,364 $354,906 DOWN
MAD OUTSIDE CITY 41 $215,503 $220,681 DOWN
MAD CO NW 21 $153,214 $116,744 UP
MAD CO NE 45 $178,613 $211,386 DOWN
MAD CO SW 2 $149,273 $152,400 DOWN
MAD CO SE 3 $146,333 $61,725 UP

Please bookmark this site for future market reports for the upcoming year.  You can also go to my previous blogs to see how the market has changed over the past year

Huntsville, AL Real Estate - Finance Options

Monday, December 1st, 2008

Are you contemplating selling your Huntsville, Alabama real estate and have thought of selling to someone using a land contract? This is one of the options available in today’s market. There are several methods of financing for buyers. This is up to you as to whether you will accept one method or another. The typical home sale involves the purchaser getting a loan through conventional methods, the bank or lending company cuts you a check and you relinquish the home to the purchaser. This is preferred if you are planning to buy another home.

 

If you already have another home and are selling this one to cut back, the urgency for the price you are asking is not as much as if you were in the market for a new home. Owner financing is another option you may consider when purchasing your next Huntsville, AL home. The prospects of this are appealing if you want to have income from the home. It is better than renting your home because if someone is purchasing it they are responsible for the upkeep and maintenance of the home. If not, you are responsible.

 

A lease option is another type of sell that will give you’re the income you need and help the prospective buyer to save money for the purchase of the home. When the lease option expires the buyer either agrees to purchase the home or declines. Either way you are not out any expense because you have been receiving the lease money. Land contracts are another way to purchase your home if you can get the seller to agree.

Huntsville AL Home - Featured Property - 166 Sunnyview Drive

Thursday, November 20th, 2008

Huntsville AL Real Estate

Here is my newest listing available for sale in the much sought after Rosebud Gardens community in NE Madison County

This full brick Huntsville, AL home listed at $144,900, is positioned on a 1.10 acre corner lot with nice trees and includes the large lot to the right of the home too.  The spacious wooden deck overlooks the chain-link fenced yard and includes your own hot tub to enjoy on those brisk nights! (Sold "AS IS").

Convenient to I-565, this home features three good sized bedrooms, two full bathrooms and a side entry one-car garage.  Below you will find the dimensions of each of the rooms:

Great Room - 25 x 17

Kitchen - 10 x 8

Breakfast / Dining Room - 12 x 10

Master Bedroom - 16 x 14

Second Bedroom - 13 x 12

Third Bedroom - 11 x 10

Laundry Room - 13 x 6

For more information on this Huntsville, AL real estate property, please contact me any time.  I would be happy to personally show you this home at a time convenient to you too.

Steve A. Thomas
Realtor, Associate Broker, ABR, e-Pro
RE/MAX Huntsville/Madison
Cellular: (256) 694-HOME (4663)
Toll Free: (800) 239-4749 Ext. 4945
Fax: (256) 533-1555
E-mail: mail@SteveAThomas.com
Web sites: http://HuntsvilleAreaHomes.com
http://HuntsvilleHomeSales.com
http://HuntsvilleHomeInfo.com

Huntsville AL Homes Featured Listing ~ 43 Rolling Meadows Road

Thursday, November 20th, 2008

Huntsville AL Real Estate

This Doll House is better than move in condition!  With almost 1,200 square feet of living area, three bedrooms, two full bathrooms and super clean, all you'll need to do is to pack and move right in!

This Huntsville, AL home (located within Harselle) listed for $99,900, is very convenient to I-65 with many amenities, shopping and restaurants within close vicinity.  The property also is on just under 1 acre of land with the back yard being fenced - ready for your pets and/or children to enjoy. 

Here are the dimensions of each of the rooms within this Huntsville home:

Living Room - 16 x 13

Kitchen - 17 x 10

Breakfast Area - 10 x 8

Master Bedroom - 13 x 13

Second Bedroom - 11 x 10

Third Bedroom - 11 x 10

Please contact me if you would like any additional information on this great Huntsville home located within the Spark/Brewer School District, or would like to set up an appointment to view this home.

Steve A. Thomas
Realtor, Associate Broker, ABR, e-Pro
RE/MAX Huntsville/Madison

Cellular: (256) 694-HOME (4663)
Toll Free: (800) 239-4749 Ext. 4945
Fax: (256) 533-1555
E-mail: mail@SteveAThomas.com
Web sites: http://HuntsvilleAreaHomes.com
http://HuntsvilleHomeSales.com
http://HuntsvilleHomeInfo.com

~ Huntsville, AL Homes ~ Should I Stay or Should I Go? ~

Thursday, July 17th, 2008

When it comes to moving, many people gripe about all the hassles that come along with doing just that – moving ALL that STUFF!  I would be one of those people too - you are not alone!  And then there are those that consider renovating their homes to accommodate their change of lifestyle, growing families, or other life changes that beg either a home makeover or a move.

 

Another reason for a home renovation would be that your home is dated and just not built for today's family’s needs or desires.  When selling Huntsville, Alabama homes, you must always consider what is attractive to potential buyers and not necessarily you.

 

Whatever your reason, here are some tips on what you should think about before getting out the saws and the two by fours:

 

  • Have Your Home Inspected

          Making the right decision(s) about where to spend your money is imperative.  By having your home inspected, this will give you the information you need to make the best decisions.

 

  • Budget Upfront

           And then add on another 10% to your figure as a safety net.  There is also renovation loans that may give you more money to invest into your home.

 

  • Keep It Green

            While shopping, choose energy-efficient options wherever possible, and you end the future Huntsville, AL home owner(s) of your house will save for years to come.

 

  • Stay Consistent

            If you are adding on to your existing Huntsville, AL homes, make sure you are keeping within the same theme or style as the rest of your home.

 

There are many other suggestions when considering renovating and I would be happy to discuss these with you at your convenience.  You can also view my website to see other Huntsville, AL homes that are currently for sale and maybe even get some ideas on other people’s home layouts. 

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  Steve A. Thomas RE/MAX Huntsville 2420 L&N Drive Huntsville, Alabama 35801
Direct: 256.694.HOME (4663)  Toll Free: 800.239.4749 Ext. 4945   Fax: 256.533.1555  Email: mail@SteveAThomas.com
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