List your Huntsville Home Now – It’s the Smart Choice

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by kathy

in Huntsville Home Seller Tips

Conventional Wisdom says Wait

Spring may be Greener in the Huntsville area in March-April. But give me a call and learn how to get more Green in your wallet now! Several sellers have told me and other agents in the Huntsville metro area that they will “just wait until spring” to list their Huntsville Home. While this is the conventional wisdom, this year is very different!

For sometime I have been encouraging past and present clients to get going and let’s put their home on the market for sale now, immediately after the Holidays. So many benefits for all involved. Quite a few of my clients have been delighted to know that if you have been in your home for at least 5 years, you are entitled to a “move up” tax credit of $6,500. Another benefit is the $8,000 “first time homeowners” tax credit. What a great way to take advantage of “being a taxpayer”.

However this year is different

Current buyers this year are up against a time-line since the tax credit is eligible only for sales contracts finalized before April 31st, thus instead of waiting to list your home in the spring and following the normal conventional wisdom, now! in the midst of a closing tax credit window is truly the right time to get on the market!

Don’t wait unless you want to have more homes on the Huntsville Real Estate market and less anxious buyers when you list, which means more Huntsville homes that the then smaller buyer pool can choose from. Both Supply and Demand say move Now! to sell Quicker and possibility at a better price.

Often times when I am with a prospective buyer or seller they often want to know: What area is the “best” area to buy or sell a home in?  In the following chart I have enclosed some data from the Huntsville Board of Realtors that I believe you will find very useful. Whether you are selling or buying, it will show the “hot areas”, average days on market, etc. Knowing where the fastest Selling areas are and where the Least number of homes are on the market. This is what you need to look at to decide “When do I Sell? When do I buy?

Criteria: Status: Sold, Category: Residential
Statistics for Mls from 12/1/2009 to 12/31/2009


Area

# of Sales

Total Sales

Avg Sales

Median Sales

HSV CITY NW

39

$4,477,064

$114,796

$84,500

HSV CITY NE

13

$1,217,900

$93,684

$78,000

HSV CITY SW

49

$9,882,189

$201,677

$182,500

HSV CITY SE

49

$10,909,163

$222,635

$182,000

MAD CITY LIMITS

43

$10,775,766

$250,599

$247,000

HSV CITY EAST

21

$5,761,448

$274,354

$210,000

MAD OUTSIDE CITY

30

$6,463,135

$215,437

$220,000

MAD CO NW

28

$4,447,325

$158,833

$159,400

MAD CO NE

53

$8,609,056

$162,435

$144,900

MAD CO SW

2

$286,181

$143,090

$143,090

MAD CO SE

7

$1,110,243

$158,606

$140,681

LIMESTONE CO

48

$6,874,883

$143,226

$140,800

ATHENS CITY

19

$2,711,873

$142,730

$135,900

TOTALS

401

$73,526,226

$183,357

$162,900

If you would like further assistance on certain Hot price ranges, subdivisions, etc. Or if you would like to know what your home is worth in today’s Huntsville market… I would be delighted to hear from you! So email me or simply give me a call 256-656-3504

- Kathy

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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.

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

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

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Elizabeth@atHomesRealty.com

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