Huntsville AL Real Estate Sales Statistics
Huntsville and Madison County saw a decrease of 21% in sold real estate listings in April when compared to April 2008. The average sales price decreased by 3% to 185,797. Average price per square foot decreased by 2%. And the average list price decreased by 3%. While homes were only on the market an average of 3 days more than April 2008. The interest rates are in the 4.5-4.75% range for a 30 year mortgage.
This is a great time to consider buying or a home in Huntsville or Madison AL. Housing affordability is at an all-time high, interest rates are at near record lows and now first-time buyers can use their $8,000 tax credit towards a down payment. Don't hesitate and lose out. Give me a call and learn how you can take advantage of the $8,000 tax credit for first-time home buyers.
Date | Sold | Average | Average | Percent | Average | Average |
Apr 2009 | 337 | $190,700 | $185,797 | 97.43% | 94 | $87 |
Apr 2008 | 428 | $196,377 | $191,546 | 97.54% | 91 | $89 |