Homes For Sale in Southwest Huntsville

by Elizabeth Cooper-Golden

in Huntsville MLS Areas

Southwest Huntsville is a diverse area of the City with close proximity to the major employment centers of Redstone Arsenal and Research Park. Nearby shopping includes Parkway Place to the east and Bridge Street Towne Center to the north.

One part of this major MLS Area lies east of Redstone Arsenal and within the Butler and Grissom High School districts. The other part lies west of Redstone Arsenal in the Columbia High School district and this is where most of the Area’s recent boom in New Home Construction has occurred.

If you are home shopping in Southwest Huntsville this fall it would be good to have a general feel for the market in your particular price range, prior to visiting neighborhoods and viewing specific Homes. Some of the Neighborhoods you are likely to run across while in Southwest Huntsville at various price points include:

[ Utilize these links to view current listings in these neighborhoods ]

Now that you have a feel for the homes currently available, review the following chart 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.

Southwest Huntsville Alabama – Sept 2008 Market Snapshot
Price
Range
Demand
Per Month
Current
Inventory
Months
of Supply
Price/SqFt
Market
Bias
$100k – $200K 19 87 5 $90 Seller
$200k – $300K 10 121 12 $99 Buyer
$300k – $400K 3 52 17 $116 Buyer
$400k – $600K 2 38 19 $120 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 the neighborhood’s pricing model may vary either up or down from the average price across Southwest Huntsville provided in the chart above.HappyHouse Hunting – Elizabeth

Related Posts

Homes For Sale in East Huntsville
Homes For Sale in Southeast 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

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The data relating to Huntsville AL Real Estate on this Web site derive in part from the Valley MLS IDX datashare program. © 2016 Valley MLS, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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Huntsville, AL 35806

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