Found 5 blog entries tagged as huntsville housing market report.

Huntsville, Alabama Housing Market Report | February 2024

The latest statistics are in for the Huntsville, Athens, and Morgan County housing markets, as well as all of North Alabama for February 2024. A surge in new listings and strong sales activity indicates a shift in market dynamics. Price gains are stabilizing, yet poised to increase with anticipated interest rate drops. We take a close look at housing affordability and supply, shedding light on evolving trends shaping the real estate landscape. Whether you're an experienced investor or a potential homeowner, this comprehensive analysis provides invaluable insights for buying or selling a home in Huntsville, Alabama.

Huntsville, Athens, & Morgan County Submarkets 

The average sales price…

365 Views, 0 Comments

Read Full Post

Huntsville, AL Housing Market Report | October 2023

The Huntsville, Athens, & Decatur Housing Market Report offers a comprehensive view of North Alabama's real estate scene. Focusing on major cities like Huntsville and Athens, the report provides insights into price growth, housing affordability, and sales trends. Huntsville's escalating prices have impacted affordability and sales volumes, while Athens stands out with a higher average sales price, attracting families seeking quality living in smaller-town settings. The report also addresses Morgan County's growth and the increased demand for affordable housing, aligning with Decatur's thriving job market. Detailed discussions on market supply, pending and closed sales, days on the market, and list…

485 Views, 0 Comments

Read Full Post

Huntsville Housing Market Report | Q1 2023

The Q1 2023 Madison County, Alabama real estate stats are now live as some of these stats are shocking in terms of percentages, but we're going to dive deep into the details to show you what's going on behind the scenes. We’ll look at the stats on housing supply in Huntsville, Alabama, break down the average days on market, and explore the challenges of housing affordability, where income growth struggles to keep pace with inflation. If you’re looking to buy or sell a home in Huntsville, this report could provide you with key information to help you make the best decision based on your situation.

Housing Supply

The first stat that jumps off the page from this Q1 2023 Madison County Real Estate report…

862 Views, 0 Comments

Read Full Post

Interest Rates Hikes, Bank Failures, & Huntsville Housing Market Report

 

For the February Huntsville Housing Market update, we are going to cover everything from average sales prices and inventory to interest rate hikes, bank failures, and the safest places to put your money. With an insight into how the market is currently operating, we'll also discuss what the Fed is doing and what the future holds. If you are buying or selling a home in Huntsville, Alabama, this information can help you make the best decision when it comes to your financial and real estate goals.

 

Average Sales Price & Homes Sold in Huntsville

Average sales prices have gone up in the Huntsville area by 5% year over year from $356,000 to $374,000 for your average home…

760 Views, 0 Comments

Read Full Post

Huntsville, AL Housing Market Report | January 2023

For the January housing market report, the Huntsville, Alabama real estate market is staying balanced as supply and demand continue to mirror each other. New listings, pending sales, and house affordability are trending back up but they're still down year over year. If you’re looking to buy or sell a home in Huntsville, AL, this information can help you make the best decision based on your situation as the 2023 housing market starts to take shape.

New Listings & Closed Sales

Supply and demand are continuing to stay balanced, which is why we're seeing prices stay flat. For prices to drop, you've got to see an imbalance between supply and demand. We're simply not seeing that as demand…

484 Views, 0 Comments

Read Full Post