Huntsville Alabama Real Estate

Huntsville homes sales saw a significant increase from 2005 to 2006; 11% to be exact.

The sales volume in 2005 was 4175 homes in the range of $100,000 to $500,000 per home selected for units sold.

The total dollar volume sold for 2005 was $816,455,378 and the total volume sold in 2006 $935,341,910 an increase in total dollar sales of 14.5%.

The average sales price in 2006 was $202,000 up from $195,558 in 2005 an increase of 3.3%. Indicating a better standard of living. From 2006 to 2007 the sales volume in quantity of homes stayed about level.

We did continue the trend of the increased total dollar volume and the average sales price per home. In 2007 the total sold volume was $985,972,253 an increase of 5.1% over 2006. The average sales price $212,494 an increase of 4.6% over 2006. So the standard of living did increase in 2007.

If you would like additional data about Huntsville Alabama real estate stats feel free to contact me at (256)513-1801.

Huntsville has become one of the best cities to live in the United States. Huntsville, with its surrounding natural beauty like the lakes, rivers and mountians, is also a very-high tech city. Known as the "High-tech Capitol" of the south, it would compare with Silicon Valley.

Huntsville is home to Redstone Arsenal, an Army Base where extremely sensitive high-tech weaponry is developed. This isn't all the city has to offer. Huntsville has been home to many large companies. Boeing, NASA, Toyota, Ford, Marshall Space Flight Center, and Northrop Grumman are just a few of the hundreds of large companies in Huntsville.

The estimated population of the city of Huntsville is near 170,000 residents. The estimated population of Madison County is around 310,000. Huntsville has many great things to offer its residents. Lower cost of living such as propoerty taxes, a clean healthy environment, many natural resources, less congestion across northern Alabama, great schools, family friendly environment and an overall sense of being home. Huntsville is warm, friendly and inviting,

The nearby surrounding areas include: Madison, Athens, Decatur, Hartsell, Cullman, Arab, Guntersville, Scottsboro, Harvest, New Market, and Fayetteville Tennessee.

Housing in Huntsville is holding steady. The average price of a home is around $200,000. Homes in the area stay on the market for an average of 90 days. The lifestyles and communities around Huntsville are as varied as the people. Southeast Huntsville is the most popular place to live. Schools, conveniences and proximity to Redston Arsenal create its popularity. The City of Madison is another very popular place. It is just five minutes from the airport and borders Research Park.

What is near Huntsville? Nashville is just two hours north, Birmingham is about two hours south, Atlanta is about three hours away and Memphis is about four hours away. Some of the best fishing in the world is at Lake Guntersville, less than thirty minutes from Huntsville.

There are two major hospitals in Huntsville: Crestwood and Huntsville Hospital. Huntsville Hospital is located Downtown on Governors Drive and Crestwood is located just off Airport Road.

Huntsville Alabama Real Estate

Communities range from Ranch style neighborhoods to communities such as Inspiration on Green Mountain. Inspiration is an NAHB certified Green development, first of its kind in Huntsville. Traditional homes are very common in Huntsville but a need for condos and luxury homes is rising. Two major projects are Chaney Place Condominiums with 2 and 3 bedroom units. Also there is McMullen Cove with its sprawling 5500 square feet castles. There is a large span in pricing. A basic three bedroom two bath home could go for as little as $100,000 and the homes in McMullen Cove in the upper $900,000.

Huntsville is preparing for almost exponential growth over the next few years. BRAC, Boeing and many other companies are expanding operations in northern Alabama. We are seeing a very large migration from nothern states. if you haven't yet, check-out Huntsville Alabama. You owe it to yourself to find out what is happening here.

From this Hub you can view our featured listings and go to our MLS home search.

Additional Real Estate consultation is available by calling (256) 513-1801.

Bryan Pearl - REALTOR

Keller Willimiams Realty

HuntsvilleAreaGuide.com