Homes For Sale in Southeast Huntsville

Elizabeth Cooper-Golden Huntsville Al Real Estate

by Elizabeth Cooper-Golden

in Huntsville MLS Areas

Huntsville Real Estate Market – Snapshot

The southeastern area of Huntsville is one of the more popular and unique areas of the city. It is characterized by lots of smaller neighborhoods with a wide assortment of homes in all price ranges. The area is serviced by 4 Middle Schools (Challenger, Huntsville, Mountain Gap, and Whitesburg) and 2 of the more popular High Schools in the region; Grissom and Huntsville High.

If you are home shopping in Southeast Huntsville this summer or early fall, it would be good to have a general feel for market conditions in your particular price range, prior to actually visiting neighborhoods and viewing specific Homes.

Feel free to browse some of the current listings with these custom home-searches targeting the 4 different Middle School areas of Southeast Huntsville at various price points:

Now that you have a feel for the homes currently available, review the following graphic to get an understanding of current market conditions across the various price ranges.The chart takes a snapshot of the seasonal demand and current inventory of homes. It also captures the absorption rate inventory and average price per square foot across these categories.

Note the variety of market conditions and especially the market bias in your particular price range. For example, if you are a buyer in the upper end price range you can expect some seller flexibility. With a 17 or more month supply of inventory these sellers are likely experiencing some longer than normal time on market.

 

Southeast Huntsville Alabama – July 2008 Market Snapshot
Price
Range
Demand
Per Month
Current
Inventory
Months
of Supply
Price/SqFt
Market
Bias
$100k – $200K 24 113 4.71 $93 Seller
$200k – $300K 10 122 12.2 $100 Buyer
$300k – $400K 4 49 12.25 $103 Buyer
$400k – $500K 5 23 4.60 $112 Seller
$500k – $600K 1 12 12.00 $113 Buyer
$600k & $800k 1 17 17.00 $150 Buyer
$800k & Up 1 31 31.00 $214 Buyer

If and when you find a few homes you really like and have put together a short list, be sure to have your REALTOR® perform a Comparative Market Analysis (CMA) on your properties of interest before finalizing any offer. By taking this more detailed look into specific neighborhood mini markets you may find that a neighborhood’s pricing model may vary either up or down from the average price across Southeast Huntsville provided in the chart above.Happy House Hunting – Elizabeth

Related Posts

Homes For Sale in East Huntsville
Homes For Sale in Southwest Huntsville
Homes For Sale in Madison
Homes For Sale Outside Madison City Limits
Homes For Sale in East Limestone County
Homes For Sale in Northeast Huntsville / Madison County

Leave a Reply

Your email address will not be published.

HTML tags are not allowed.

Previous post:

Next post:

Search Blog


The data relating to Huntsville AL Real Estate on this Web site derive in part from the Valley MLS IDX datashare program. Listings marked with the ValleyMls logo are provided courtesy of the Huntsville Alabama Real Estate Information Service, Inc. (ValleyMls) IDX Database. © 2013 Valley MLS, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

@Homes Realty Group
100 Providence Main Street
Suite B (above CVS)
Huntsville, AL 35806

Phone Numbers
Cell: (256) 425-1659
Office: (256) 585-6000
Fax: (256) 217-4073

Email Address
Elizabeth@atHomesRealty.com

Facebook

Like us on Facebook

Twitter

Follow us on Twitter

Pinterest

Share with us on Pinterest

Google Plus

Join us on Google+

  © 2008-2013 @Homes Realty llc All Rights Reserved