Huntsville Alabama Real Estate June 2008 Home Sales Activity & Comparison
05 July 08 07:44 PM | Loretta Largo | 0 Comments   

Monthly Homes Sales History for the Huntsville Alabama Madison County real estate area shows an inventory of 3404 homes or a 7.15 months of supply of homes for the month of June.  2006 and 2007 had 2440 homes or 3.60 months and 3614 homes or 5.69 months of inventory respectively.  The chart below shows the monthly sales history for the months of January thru June for 2006 - 2008.  With the rising number of homes increasing in inventory and tightening lending it is becoming evident that we are in a buyers' market for the local Huntsville Alabama Madison County real estate area.  This usually means that current homes on the market will stay on the market longer with average days on the market (DOM) being 96 days whereas June 2006 and June 2007 was 63 and 68 respectively. The good news is that rates are reasonably low and there are several homes to choose from if your are searching for a new home in the Huntsville Alabama real estate area.  Buyers relocating to Huntsvile Alabama due to BRAC will find there are several new homes on the market with incentives that will appeal to buyers!  If you are considering a move to Huntsville Alabama, be sure to check out the following links for more information about the Huntsville Alabama Real Estate area and other real estate markets nearby:  {Relocating to Huntsville Alabama, Local News, Local Mortgage Rates, Local Schools, Office Listings, Condos, Townhomes, Search Huntsville MLS}

Huntsville Alabama 2008 Monthly Home Sales
*Data obtained from NALMLS
--Information deemed reliable but not guaranteed--
(Search Criteria: 01, 02, 03, 04, 4E, 05, 5X
61, 62, 63, 64 Madison County, Huntsville City; Property Type: SF, PH, PC, TH)

Watch Videos About Huntsville Alabama Real Estate
05 July 08 10:52 AM | Loretta Largo | 0 Comments   

Get a glimpse of the Huntsville Alabama Real Estate market. 

MediaGallery

Visit my Media Gallery to watch videos about Huntsville Alabama and Local/National News 

Sale Pending on 715 Wynsom Drive in Mathis Chase Estates
29 June 08 08:14 AM | Loretta Largo | 0 Comments   

 715 Wynsom Drive SE Huntsville AL

Mathis Chase Estates, Huntsville  -  Announcing SALE PENDING STATUS on 715 Wynsom Drive, a 1,620 sq. ft., 2 bath, 3 bdrm ranch "3/4 Brick". Now MLS® SALE PENDING $159,900 - Desirable SE Huntsville.

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Ranch For Sale in Mathis Chase Estates
21 June 08 11:12 AM | Loretta Largo | 0 Comments   

 

Mathis Chase Estates, SE Huntsville
• 1,620 sq. ft., 2 bath, 3 bdrm ranch "3/4 Brick" -  MLS® $159,900 - Desirable SE Huntsville
New roof!! Other updates throughout!
LOCATION LOCATION LOCATION!!! THIS IMMACULATE 3BR/2BA HOME SITS IN DESIRABLE SOUTHEAST HUNTSVILLE ALABAMA. NEW ROOF! HARDWOOD FLOORS, FRESH PAINT, UPDATED BATH, WHAT MORE COULD YOU ASK FOR? GREAT HOME TO CALL YOUR OWN! GREAT VIEWS OF THE MOUNTAIN!!! PERFECT SITTING AREA WITH GREAT LANDSCAPING!! FENCED BACKYARD. READY FOR MOVE-IN. HURRY WHILE RATES ARE LOW!
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Lot / Land For Sale in Dogwood Valley
17 June 08 08:06 PM | Loretta Largo | 0 Comments   

0 Lamson Avenue, Laceys Spring AL

•  lot / land - MLS® $28,000 - AWESOME PRICE!!!

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Price Reduced on 2510 PIONEER ROAD in Sandhurst Park SW Huntsville Alabama
11 June 08 09:00 PM | Loretta Largo | 0 Comments   

2510 Pioneer Road, Huntsville Alabama 35803

Sandhurst Park, Huntsville
 Alabama (New Price!)
A 1,000 sq. ft., 2 bath, 3 bdrm ranch. Now
MLS® $99,922

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Ranch For Sale in Spearwood Estates
30 May 08 10:48 PM | Loretta Largo | 0 Comments   


New Paint! New Carpets!

New Listing in New Hope Alabama 

• 1,289 sq. ft., 2 bath, 3 bdrm ranch - MLS® $124,900 - New Listing!

 -  DO YOU LONG TO GET AWAY FROM THE HUSTLE AND BUSTLE OF CITY LIFE? HOLD THAT THOUGHT AND COME TAKE A LOOK AT THIS TOTALLY RENOVATED RANCHER THAT IS SITTING ON A QUIET CUL-DE-SAC. IT BOASTS VAULTED CEILING, DECK, GAS LOGS, NEW CARPETS, FRESH PAINT, 2 FULL UPDATED BATHROOMS, EVEN THE KITCHEN HAS BEEN UPDATED! NEW FLOORING! NEW CARPETS! NEW PAINT! COME HOME TO COMFORT WITH THE FINEST DETAILS THROUGHOUT! HURRY THIS HOME WILL NOT LAST LONG! YOU WILL NOT BE DISAPPOINTED!

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312 Oxford Circle in Cambridge Village is Sold!
30 May 08 08:52 PM | Loretta Largo | 0 Comments   

Sold

Cambridge Village, Meridianville  -  The ranch at 312 Oxford Circle has been sold.

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Huntsville Alabama Real Estate Market Condition
29 May 08 09:19 PM | Loretta Largo | 0 Comments   
Subprime cartoon of the day!
Huntsville Alabama has seen a significant decline in real estate transactions for the month of April 2008.  There was a decline of 21% in monthly sales for April 2008 as compared with April 2007.  A decline of 7% in average sale price since March 2008 and a 6% decline since December 2007 was also observed.  April inventory rose to 9% or 7.90 months supply of homes for the North Alabama Madison county real estate area.  This is a 26% increase in inventory compared with April of 2007 and an increase of 62% compared with April 2006 when the real estate market was really hot and subprime lending was at its peak.   On the bright side, Alabama ranked 43rd for properties with foreclosure filings or 1 in every 3,251 homes!  Overall, the rise in inventory for the Huntsville Alabama Madison County area makes it a great opportunity for more qualified buyers to have a better selection of homes to choose from.  Those relocating to Redstone Arsenal due to BRAC will also find it to their advantage with inventory up like it is.  On the other hand, sellers holding on to their homes for 6 months or longer are reducing their prices and are more willing to negotiate with buyers.  This has also forced many Huntsville Alabama sellers to be more realistic in the pricing of their homes (watch Time=Price Relationship Video) in order to compete with other like homes or even new homes.  Prepping the home prior to listing it on MLS will be to the advantage to the Huntsville Alabama home seller in order to further differentiate their home from others on the market.  Curb appeal, home staging, and making necessary repairs to plumbing, electrical, foundation, roofing, and heating and air will help the Huntsville Alabama home seller to sell their home faster during today's real estate market condition.  To make the most out of your home sale, seek the advice of a professional Realtor.
Visit my blog - "The Valley Blogger!"
23 May 08 06:43 AM | Loretta Largo | 0 Comments   

 
The Valley Blogger!

Sale Pending on 312 North Oxford Cr
09 May 08 08:55 PM | Loretta Largo | 0 Comments   

 







Cambridge Village, Meridianville

312 Oxford Circle, ~1,580 sq. ft., 2 BA,
3 BR Ranch "3/4 Brick". 
MLS® SALE PENDING!
$125,900

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8019 Tea Garden Road in Willowbrook is Sold!
09 May 08 08:00 PM | Loretta Largo | 0 Comments   

Contemporary SE Huntsville Home Sold














Willowbrook, Huntsville
  
8019 Tea Garden Road has been sold!

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Watch Videos about Huntsville Alabama!
03 May 08 10:13 PM | Loretta Largo | 0 Comments   

My Brightcove Channel

Visit My Brightcove Channel to watch videos about Huntsville Alabama and
video tours of some homes!

Price Range Statistics Report for the Month of April 2008
02 May 08 09:36 PM | Loretta Largo | 0 Comments   
CURRENT ACTIVE LISTINGS
Listing Price Range# of ListingsAverage DOM% of Listings
$0 - $9,999000.00%
$10,000 - $19,9992170.08%
$20,000 - $29,9997640.27%
$30,000 - $39,9999620.34%
$40,000 - $49,999171030.65%
$50,000 - $59,99927951.03%
$60,000 - $69,999521071.99%
$70,000 - $79,99959952.26%
$80,000 - $89,999521181.99%
$90,000 - $99,99945891.72%
$100,000 - $109,99951821.95%
$110,000 - $119,999541112.07%
$120,000 - $129,99979813.03%
$130,000 - $139,999701062.68%
$140,000 - $149,99974932.84%
$150,000 - $159,999781172.99%
$160,000 - $169,9991131154.33%
$170,000 - $179,999100953.83%
$180,000 - $189,9991101184.21%
$190,000 - $199,999921263.52%
$200,000 - $219,9991171284.48%
$220,000 - $239,9991481415.67%
$240,000 - $259,9991501335.75%
$260,000 - $279,9991151294.41%
$280,000 - $299,9991531365.86%
$300,000 - $349,9992121498.12%
$350,000 - $399,9991791806.86%
$400,000 - $449,999841403.22%
$450,000 - $499,999791633.03%
$500,000 - $549,999522381.99%
$550,000 - $599,999602092.30%
$600,000 - $649,999322121.23%
$650,000 - $699,999281621.07%
$700,000 - $749,999181380.69%
$750,000 - $799,999192200.73%
$800,000 - $849,99983830.31%
$850,000 - $899,999132510.50%
$900,000 - $949,9992940.08%
$950,000 - $999,99982170.31%
$1,000,000 - $1,049,99915360.04%
$1,050,000 - $1,099,99921340.08%
$1,100,000 - $1,149,99921030.08%
$1,150,000 - $1,199,9993800.11%
$1,200,000 - $1,249,99941730.15%
$1,250,000 - $1,299,99952340.19%
$1,300,000 - $1,349,99923860.08%
$1,350,000 - $1,399,9992210.08%
$1,400,000 - $1,449,9992800.08%
$1,450,000 - $1,499,99932100.11%
$1,500,000 - $1,549,99911540.04%
$1,550,000 - $1,599,99915530.04%
$1,600,000 - $1,649,99912000.04%
$1,650,000 - $1,699,999000.00%
$1,700,000 - $1,749,999000.00%
$1,750,000 - $1,799,99913020.04%
$1,800,000 - $1,849,999000.00%
$1,850,000 - $1,899,99913380.04%
$1,900,000 - $1,949,999000.00%
$1,950,000 - $1,999,999000.00%
$2,000,000 - $2,499,99941070.15%
Over $2,500,00064860.23%

#Total Listings: 2,610
Average Price: $297,024
Median Price: $295,950
Highest Price: $14,400,000
Lowest Price: $15,000
Average DOM: 136

NEW LISTINGS
Listing Price Range# of ListingsAverage DOM% of Listings
$0 - $9,999110.13%
$10,000 - $19,999310.39%
$20,000 - $29,999210.26%
$30,000 - $39,999700.90%
$40,000 - $49,999410.51%
$50,000 - $59,9991511.93%
$60,000 - $69,9991712.18%
$70,000 - $79,9991912.44%
$80,000 - $89,9992212.82%
$90,000 - $99,9991722.18%
$100,000 - $109,9992212.82%
$110,000 - $119,9992513.21%
$120,000 - $129,9993214.11%
$130,000 - $139,9993414.36%
$140,000 - $149,9993714.75%
$150,000 - $159,9992423.08%
$160,000 - $169,9992713.47%
$170,000 - $179,9993414.36%
$180,000 - $189,9993915.01%
$190,000 - $199,9992813.59%
$200,000 - $219,9993624.62%
$220,000 - $239,9994826.16%
$240,000 - $259,9994515.78%
$260,000 - $279,9993113.98%
$280,000 - $299,9993915.01%
$300,000 - $349,9996618.47%
$350,000 - $399,9992713.47%
$400,000 - $449,9991812.31%
$450,000 - $499,9991722.18%
$500,000 - $549,999710.90%
$550,000 - $599,9991211.54%
$600,000 - $649,999300.39%
$650,000 - $699,999811.03%
$700,000 - $749,999210.26%
$750,000 - $799,999100.13%
$800,000 - $849,999100.13%
$850,000 - $899,999320.39%
$900,000 - $949,999000.00%
$950,000 - $999,999000.00%
$1,000,000 - $1,049,999000.00%
$1,050,000 - $1,099,999000.00%
$1,100,000 - $1,149,999210.26%
$1,150,000 - $1,199,999000.00%
$1,200,000 - $1,249,999120.13%
$1,250,000 - $1,299,999000.00%
$1,300,000 - $1,349,999000.00%
$1,350,000 - $1,399,999210.26%
$1,400,000 - $1,449,999000.00%
$1,450,000 - $1,499,999000.00%
$1,500,000 - $1,549,999000.00%
$1,550,000 - $1,599,999000.00%
$1,600,000 - $1,649,999000.00%
$1,650,000 - $1,699,999000.00%
$1,700,000 - $1,749,999000.00%
$1,750,000 - $1,799,999000.00%
$1,800,000 - $1,849,999000.00%
$1,850,000 - $1,899,999000.00%
$1,900,000 - $1,949,999000.00%
$1,950,000 - $1,999,999000.00%
$2,000,000 - $2,499,999130.13%
Over $2,500,000000.00%

#Total Listings: 779
Average Price: $236,349
Median Price: $379,900
Highest Price: $2,400,000
Lowest Price: $128
Average DOM: 1
Sales & Inventory History for April 2008
02 May 08 09:09 PM | Loretta Largo | 0 Comments   

Sales and Inventory History

Friday, May 02, 2008
Category - Residential / PropType: Single Family Detached /
Area: 01, 02, 03, 04, 4E, 05, 5X, 61, 62, 63, 64
MonthYearMonthly SalesAvg ListPriceAvg Sale Price% Diff Sell/listAvg DOMCurr InventoryMonths Inventory
January2006317$181,701$178,56798.28%87.019426.13
February2006405$165,453$163,11298.59%78.019624.84
March2006526$185,217$182,90298.75%78.020163.83
April2006440$190,312$188,43799.01%74.021714.93
May2006574$184,855$182,63198.80%65.022203.87
June2006656$205,246$201,76298.30%62.022743.47
July2006612$196,533$194,29898.86%64.023483.84
August2006542$186,808$184,50798.77%111.024514.52
September2006524$185,640$183,15398.66%71.025034.78
October2006472$188,982$186,22498.54%149.025585.42
November2006430$193,410$191,34798.93%79.025075.83
December2006430$200,002$197,35898.68%77.024435.68
 
Total5928$188,680$186,19298.68%82.92,2834.76
  
January2007405$190,686$187,58698.37%85.026276.49
February2007441$187,019$184,58398.70%75.026686.05
March2007520$193,553$191,11998.74%92.028785.53
April2007481$202,703$199,73198.53%75.030356.31
May2007