The Rocket City Real Estate Source

Market Conditions, Current Issues, and Exciting Events in Real Estate for Huntsville Alabama and Surrounding Areas

Huntsville Real Estate Market Report

Posted by huntsvillerealestateinfo on July 7, 2007

Huntsville June Real Estate Summary and Current Market Conditions 
Submitted by: Kimberly Grant, Huntsville Real Estate Agent

Madison County Real Estate Update

WOW is all I can say!!  It seems like just yesterday I was posting a farewell to May and giving a big hello to June.  Now June has come and gone and we are into July and the year is half over.  I can hardly believe it. 

Here we are ready to recap our Huntsville statistics for the month of June as of today July 5, 2007.  I am very excited to report that there were 320 homes sold in Huntsville during June!!!  This was the majority of the 617 homes sold in Madison County last month.  There are some parts of the country that are really experiencing sluggish market conditions right now but Huntsville has kept a steady pace.  We are above the 299 homes sold last month and we have also seen an increase from the 309 homes sold this month last year.

Huntsville saw an increase in the number of homes sold in each area of the city in the last month.  The sold homes of Huntsville can be broken down into the following areas:

  • Northwest Huntsville: 61 sold homes
  • Northeast Huntsville: 31 sold homes
  • Southwest Huntsville: 96 sold homes
  • Southeast Huntsville: 75 sold homes
  • East Huntsville: 57 sold homes 

The average number of days on the market for Huntsville for the month of June was 67 days.  This is slightly lower than last month when the average time on the market was running at about 73 days.  The average price of sold homes in Huntsville for June was $203,731 and the median price was $162,000.

I am excited as we prepare for another summer season in Huntsville.  The Huntsville real estate market is very dynamic and it is being watched by observers across the country.  I think we live in one of the best cities in the nation for a number of reasons and the current state of our real estate market is one of them.

Currently there are about 1,100 Huntsville Homes for Sale.  If you are interested in buying, selling, or investing in Huntsville real estate, please feel free to utilize any of the following links:

As always, you are welcome to contact me with any questions or if you need assistance with your real estate needs.  Just give me a call and experience Exceptional Service GUARANTEED!

Kimberly Grant
Realtor, Exit Leon Crawford Realty
Mailto:KimberlyGrant@exitrealtyhsv.com

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