Huntsville AL Real Estate Market Trends - 2012
Huntsville and Madison County 2012 home sales statistics are below. There were 4701 homes sold in Madison County in 2012. That is an increase of 413 homes when compared to 2011. The breakdown by area with average home price and number of sales for each area is below.
Area |
Average Sold Price |
Homes Sold |
Huntsville East |
$ 221,872 |
231 |
Huntsville North |
$60,398 |
392 |
Huntsville South |
$200,969 |
747 |
Huntsville Mill District |
$53,154 |
86 |
Hampton Cove Area |
$285,182 |
426 |
Huntsville Research Park |
$148,793 |
105 |
Huntsville Zeirdt Rd Area |
$218,514 |
348 |
Madison City |
$254,566 |
730 |
Monrovia/Harvest |
$197,128 |
710 |
Madison County NE |
$148,895 |
247 |
Madison County NW |
$126,843 |
334 |
Madison Co. Riverton/New Market |
$170,115 |
282 |
Madison Co. Owens Cross Rds/New Hope |
$109,272 |
63 |
We expect 2013 to continue an upward sales trend. Interest rates are just over 3% on a 30 year fixed rate mortgage and around 2.75% on a 15 year mortgage. It is a great time to purchase or invest in real estate. If you or a friend are considering moving, call or email Mike to help today!
Take a look at sales figures in the Huntsville real estate market for December.
Madison County/Huntsville AL Real Estate Sales Statistics
Huntsville AL and Madison County saw a decrease of 12% in sold listings in December 2012 when compared to November 2012. The average list price increased by 2% to $212,015 and the average sales price increased by 2% to $207,229. The average price per square foot remained consistent when compared with November 2012, and market times decreased by 6% or 5 days.
Date |
Sold Listings |
Average List Price |
Average Sale Price |
Percent SP/LP |
Average DOM |
Average Price Sq Ft |
December 2012 |
352 |
$212,015 |
$207,229 |
97.7% |
75 |
$83 |
November 2012 |
398 |
$207,635 |
$202,673 |
96.6% |
80 |
$83 |
For more information about Huntsville AL real estate, please visit
MoveToHuntsville.com or call me at 256-508-0211.
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Statistics are based on information for the North Alabama Association of Realtors and are deemed reliable but not guaranteed.