Madison County & Huntsville Foreclosure Statistics - August 2010
There were 1,629 Madison County & Huntsville foreclosure homes for sale with 101 new foreclosures in August 2010. One in every 1,401 housing units received a foreclosure filing in August. The average sales price of a Madison County AL home was $197,088 and the average foreclosure sales price was $179,163, a $17,925 savings, according to RealtyTrac.com.Madison County & Huntsville Foreclosure Activity and Home Price Index
The Madison County and Huntsville price appreciation was 0.0% in August with 101 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 0.19% lower than national statistics and 0.02% lower than state figures.
Madison County & Huntsville Foreclosure Activity by Month
The number of Bank-Owned properties decreased from 85 in July to 81 in August. The number of Auctions increased from 15 to 20 and 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.