Huntsville Real Estate

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Huntsville Real Estate Market

June 19th, 2008 · No Comments

$200k - $300k Price Range Snapshot

homeprices.jpgEach month we try to do a particular price range market analysis for our readers. Last month we did $300k-$400k and this month we will take a look at the various metro MLS areas using a different price range. One thing to always remember about Huntsville Real Estate or any Real Estate Market for that mater, is that location and price range can make all the difference in market conditions. Within the major MLS search areas in the Huntsville metro area there are several mini-markets where conditions and pricing are different.

In this post we take a brief look at the $200k - $300k market segment across the different Huntsville Real Estate metro areas. The compiled statistics will show each area’s current supply, demand, absorption rate inventory, average price/sqFt, and the associated market type (Buyer or Seller) all illustrated in the following table:

Huntsville/Madison Metro Area
$200k - $300k Market Segment Snapshot
Market Segment Demand
Per Month
Current
Supply
Months
of Supply
Average
Price/SqrFt
Market
Type
Northwest
Huntsville Homes
6 34 5.67 89 Balanced
Northeast
Huntsville Homes
1 12 12 103 Buyer
East
Huntsville Homes
9 72 8 102 Buyer
Southeast
Huntsville Homes
13 103 7.92 103 Buyer
Southwest
Huntsville Homes
10 84 8.4 99 Buyer
Madison Homes
City Limits
20 130 6.5 96 Balanced
Madison Homes
Outside City
20 160 8 88 Buyer

When looking at the statistics above it is important to keep in mind that they are filtered to an explicit price range and thus become more valuable to buyers or sellers within this price range segment and less relevant if your target price range is different.If you have any questions regarding this market snapshot or if you would like more information regarding your specific price range please don’t hesitate to drop me an email or give me a call at 256-425-1659.

Tags: Huntsville Blog Feed · Huntsville Real Estate Market

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