Sales prices dip as Huntsville plans affordable housing director

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of September.  The study shows that the average sales price for single family homes decreased from $371,000 to $370,000. However, the median figure for single family homes decreased down to $304,000, which is considerably lower than the national median of […]

Real Estate Update: Pending Sales Pick Up, Despite National Trend

The Huntsville Area Association of Realtors (HAAR) has released statistics for the Huntsville/Madison County market that shows that our local real estate market is defying national trends in terms of pending sales.  Nationally, pending sales have been dropping. According to the National Association of Realtors (NAR), pending home sales have declined by an average of […]

Thriving downtown highlights population growth, potential

It’s no secret that Huntsville’s downtown is a thriving area for work, living, and leisure; recent years have shown promising growth in each of those capacities, continuing to add residential and visitor appeal to the immediate area and the city as a whole. According to Rob Buddo, President and CEO of Downtown Huntsville, Inc., an […]

Real Estate Update: Affordability still a concern as government shutdown postpones

Housing affordability still remains a top concern, both here in Huntsville and across the nation as a whole. The Huntsville Area Association of Realtors (HAAR) report for the month of August showed a slight increase in the average sales price of a single-family home in the area, up 1.1% to $370,000. While this figure is […]

Huntsville continues positive trend as Feds discuss interest rates

The Huntsville Area Association of Realtors (HAAR) has released their monthly report for the month of August 2023.  The report shows that the average sale price of a home in the Huntsville/Madison-County region has seen a very modest increase relative to August the previous year, bumping up to $370K from $367K. This still remains well […]

Game changing mixed-use development planned for Joe Davis, John Hunt Park

In a move to bolster its cityscape, Huntsville’s City Council has given the green light to a groundbreaking mixed-use development project set to transform the Memorial Parkway frontage near Joe Davis Stadium. The monumental agreement between the City and Parkway Vesta, LLC aims to revitalize the heart of the city’s corridor with a project dubbed […]

New $60 million housing development planned to enhance student experience at UAH

In a significant development for the Huntsville community, Capstone Development Partners and Boaz Ventures have secured funding for their joint project, the $60 million Nexus on Holmes housing community. This venture will aim to revolutionize student living in the area and foster a stronger sense of community among University of Alabama Huntsville (UAH) students, faculty, […]

Real Estate Update: Sales Picked Up as Mortgage Rates Poise to Fall

The latest report from the Huntsville Area Association of Realtors (HAAR) has shown increased activity for the Huntsville/Madison County area in the last full week of August.  The report, which covers the week ending August 26 2023, shows new listings for single-family homes increasing by 16.7%, while pending sales saw a modest increase of 1.5%.  […]

Real Estate Update: Huntsville presses on despite shaky national conditions

The national real estate market continues to struggle to meet consumer demand for housing, with the National Association of Home Builders reporting a six-point drop in new home construction sentiment from July to August. As a result, the national squeeze on housing inventory continues.  Investor purchases – purchases by a business or institution – of […]

July monthly report shows prices dip amid inventory boost

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of July 2023.  The average sale price of a single-family home in Madison County took a slight dip compared to July the year previous; where it had stood at $391K in 2022, in 2023 the average sale price was down […]