Fifty-two percent of home owners say now is a good time to sell in their neighborhood. This is up from 34 percent who said so last year, according to a survey conducted by the real estate brokerage Redfin.
What’s more, 58 percent of home owners believe sellers have more power than buyers in the market right now. Redfin researchers note this is nearly the highest level of seller confidence they’ve recorded.
Take a look at how many sellers successfully sold their homes in July…
Huntsville AL Real Estate Market Trends for July 2016
Huntsville AL and Madison County saw a decrease of 14.8% in the number of sold homes in July when compared to June 2016. The average list price increased by 4.42% to $220,330 and the average sales price increased 4.42% to $215,728. The average days on the market decreased by 1 day or 1.05%.
| Date |
Sold
Homes |
Average
List Price |
Average
Sold Price |
SP/LP |
Average
Sq Ft Price |
Average
Days On Market |
| July 2016 |
589 |
$220,330 |
$215,728 |
97% |
$89 |
96 |
| June 2016 |
692 |
$210,988 |
$206,593 |
97% |
$87 |
95 |
Would you like to see the last years home sales in your neighborhood? Just reply to the email you received with your address and I will email you a link to all the sold homes in your area.
For more information about Huntsville AL real estate, please visit
MoveToHuntsville.com or call me at 256-508-0211.
To see all Huntsville/Madison County AL homes for sale, 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.
Courtesy of
Huntsville AL Real Estate Broker Mike Manosky.