Home Sales

What Are Pending Home Sales? Pending home sales reflect the number of homes under purchase contract that have yet to complete the closing process. Under normal conditions there are a residual number of these homes in the Huntsville MLS at the end of every month. Thus their statistics can be forward looking. That is, given […]

April 2009 Month-to-Month Seasonally the Huntsville Metro Area normally experiences a small dip in single family home sales from March-to-April, and this pattern has again repeated itself this year with April unit sales (235) -4.8% lower than March (247).  Nevertheless during this past month, sales of upper end homes (especially in the East and Southeast […]

“Home Sales Increase More Than 5% in February” Does today’s Huntsville Times Front-page Headline tell the whole story? Well obviously a headline, any headline, simply never tells a whole story. A headline, like a title, is designed to catch a reader’s attention, to entice their imagination, so that they may possibly dig deeper into the […]

January 2009 Update It is important to note that our monthly market statistics focus on single family homes within the Huntsville Metro Area only. While other local information sources include condo and farm home properties and focus on a wider territory like Madison County or the entire North Alabama MLS area, we feel that our […]

November 2008 Results No doubt many readers have seen the Huntsville Times article of Dec 4th headlined, ‘Huntsville Home Sales Tumble 40%‘. It was good to see the Huntsville Area Association of Realtors (HAAR) finally produce some credible market numbers for public consumption. While we have been reporting year-over-year sales decreases of 15% to 30% […]