Huntsville Real Estate Sales Statistics - May 2010
Take a look at how Huntsville real estate sales statistics in May compared to April.
Madison County/Huntsville Real Estate Sales Statistics
Huntsville and Madison County saw an increase of 5% in sold listings when compared to April 2010. The average sales price increased by 5% to $195,646. The average price per square foot increased by 5% when compared with April 2010. And the average list price increased by 5%, while homes were on the market an average of 14 days less than April 2010.
Date
Sold Listings
Average List Price
Average Sale Price
Percent SP/LP
Average DOM
Average Price Sqft
May 2010
469
$200,280
$195,646
98.18%
73
$84
Apr 2010
447
$190,874
$186,651
97.28%
87
$80
The increase in sales is a positive. However, much of the increase is a result of the expiring homebuyer tax credit's as well as seasonal activity. In addition to the increased sales, there has been an increase in the amount of inventory on the market compared to the same time last year. On average, we currently have between a 9-12 months supply of homes currently on the market in all price ranges.
For more information about Huntsville AL real estate, please visit MoveToHuntsville.com or call me at 256-508-0211.
To begin searching Huntsville AL homes, please use my complimentary MLS search.
Statistics are based on information for the North Alabama Association of Realtors and are deemed reliable but not guaranteed
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