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.

This chart shows the number of units sold 2005 through 2007. We have generally shown an increase in quanity of homes sold. The data above shows we are also seeing more purchases of higher priced homes.

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

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posted by Bryan Pearl - Keller Williams Realty at 8:40 PM | 0 Comments Links to this post