Madison County & Huntsville Foreclosure Statistics - February 2010
There were 1,443 Madison County & Huntsville foreclosure homes for sale with 173 new foreclosures in February 2010.
1 in every 817 housing units received a foreclosure filing in February. The average sales price of a Madison County AL home was $177,755 and the average foreclosure sales price was $146,741, a $31,104 savings, according to
RealtyTrac.com.
Madison County & Huntsville Foreclosure Activity and Home Price Index
The Madison County and Huntsville price appreciation dropped 1.01% in February with 173 new foreclosure homes.
Madison County AL foreclosure activity is based on the total number of properties that receive foreclosure filings default notice, foreclosure auction notice or repossession notice each month. Home price appreciation is based on month-over-month percentage change of the Home Price Index. The Home Price Index is calculated from home sales records.
Madison County & Huntsville Foreclosure Geographical Comparison
Madison County & Huntsville foreclosure activity was 0.12% lower than national statistics and 0,01% higher than state figures.
Madison County & Huntsville Foreclosure Activity by Month
The number of Bank-Owned properties increased from 49 in January to 89 in February. The number of Auctions increased from 81 to 89. There is a 6-month rising trend in foreclosure activity.
Are you or someone you know behind on your mortgage payments and facing a Huntsville foreclosure? You do have options. A short sale may be the answer to saving you, your family and your home. Give me a call for a private consultation.
Learn more about Huntsville real estate.