Madison County & Huntsville AL Foreclosure Statistics – May 2010
There were 1,537 Madison County & Huntsville foreclosure homes for sale with 122 new foreclosures in May 2010. One
in every 1,159 housing units received a foreclosure filing in May. The average sales price of a Madison County AL home was $188,703 and the average foreclosure sales price was $180,632, a $8,071 savings, according to
RealtyTrac.com.
Madison County & Huntsville Foreclosure Activity and Home Price Index
The Madison County and Huntsville price appreciation remained level in May with 122 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 0.14% lower than national statistics and the same as state figures.
Madison County & Huntsville Foreclosure Activity by Month
The number of Bank-Owned properties decreased from 103 in April to 76 in May. The number of Auctions decreased from 65 to 46. 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.