The National Association of Realtors (NAR) has compiled a list of the top ten real estate markets that bear watching for the upcoming year. The ranking was unveiled at the NAR’s fourth annual year-end Real Estate Forecast Summit. All ten metropolitan areas on the list are located within the South. These markets were selected due […]
Inventory of residential real estate units continues to climb from its nadir of last year, both nationally and here in Huntsville. Reporting from the University of Alabama’s Center for Real Estate tracks real estate inventory listed for sale in the Huntsville area dating back to October 2012. From a peak of 3,192 in October of […]
The Huntsville Area Association of Realtors (HAAR) has released their monthly statistics for the month of October, 2022. At a total of 630 residential units sold in Madison County, down from 825 in October the previous year, the slowdown is shown in stark relief. Houses stay on the market for an average of 14 days, […]
The numbers are in for Madison County’s residential real estate market, for the week ending October 29, 2022. Much of the new inventory on the market is in townhouses and condos, which are typically more affordable than single-family units. In the month of September of this year, townhouse/condo units sold for, on average, $243K, compared […]
The Huntsville Business Journal is proud to provide its readers with detailed information on the real estate market in Madison County, as compiled by ValleyMLS and the Huntsville Area Association of Realtors (HAAR). This week’s update analyzes residential real estate sales in Madison County for the week ending on October 15, 2022. Sales for both […]
The Huntsville Area Association of Realtors has released their statistics for the month of September. The quick takeaway is that, as expected, the residential real estate market has decelerated from the fevered pace of 2020 and 2021. Houses on the market in Huntsville/Madison County are now spending an average of 14 days on the market, […]
The Huntsville Business Journal, in partnership with the Huntsville Area Association of Realtors (HAAR), is pleased to present a new feature to the Real Estate Update column: weekly updates on the state of the Huntsville/Madison County residential real estate market. With reports coming in with greater frequency, and in greater detail, the column will be […]
The Huntsville Area Association of Realtors’ (HAAR) Economic Report for Q1 2022 illustrates the rapid inflation that has hit all aspects of American economic life. The rate of inflation hit 8% in March, a four-fold increase since that month the previous year. With the 8% inflation rate far outstripping the approximately 2% increase in median […]
The Huntsville Area Association of Realtors has released real estate statistics for the month of June. In tandem with Realtor.com’s recent survey of the national market, these latest reports confirm that, with the pandemic conditions mitigated and new sellers entering the market, the inventory of single-family homes listed for sale in Madison County has more […]
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