Found 1 blog entry tagged as huntsville alabama housing news.

Huntsville, Alabama Housing Market Report | Q3 2023

The Huntsville, Alabama real estate market's Q3 report reveals insights on pricing resilience, market challenges amidst rising interest rates, shifts in home sales, and inventory dynamics. Additionally, economic factors such as GDP growth, population trends, and household incomes play a pivotal role. Amidst these shifts, the question emerges: Can new construction meet the escalating demand, or will the market face a potential supply crunch in the near future?

Median Sales Price, Home Sales, & Pending Sales

What stood out to me was the median sales price, only dipping by 1.3% year over year. It's quite impressive considering the recent surge in interest rates over the past 12 months. This…

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