Huntsville Alabama Real Estate Market Report 12/28/2012
Average price per square foot for Huntsville AL real estate was $84, which was an increase of 15.1% compared to the same period last year.
The median sales price for homes for sale in Huntsville AL for Sep 12 to Nov 12 was $126,000 based on 229 home sales. Compared to the same period one year ago, the median home sales price increased 0.4%, or $500, and the number of home sales increased 999.9%.
There are currently 2,457 resale and new homes in Huntsville including 6 open houses, as well as 498 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process.
The average listing price for homes for sale in Huntsville AL was $208,486 for the week ending Dec 19, which represents a decrease of 0.5%, or $1,055, compared to the prior week.
Popular neighborhoods for Huntsville AL real estate include The Reserve and Providence, with average listing prices of $262,293 and $500,205.
About Huntsville, AL Area Profile
Huntsville situated atop the Cumberland Plateau at just over 10 miles west of the plateau’s eastern escarpment. Huntsville’s southern boundary is located along a series of cliffs overlooking New River, approximately 15 miles upstream from the river’s mouth along the Big South Fork of the Cumberland River. Huntsville, Alabama and the surrounding metro areas consists of approximately 376,750 people (2006 Chamber of Commerce estimate) nestled in some of the most beautiful Southern countryside imaginable.