Huntsville Real Estate Statistics
Huntsville Real Estate Price Trend
Huntsville real estate average sold price in the last 30 days (January 21 - February 19) was $752,711, which is $13,796 (1.8%) higher than the average price of $738,915 in the previous 30 day period (December 22 - January 20), and $159,511 (21.2%) down from the same period 1 year ago ($912,222). Huntsville real estate prices over the last 30 days are also $56,516 (7.5%) higher than the average selling price of $696,195 over the past year.
Huntsville average sold price for homes was $799,515 in the last 30 days (January 21 - February 19), which is $18,818 (2.4%) down from the average home price of $818,333 in the previous 30 day period (December 22 - January 20), and $262,627 (32.8%) lower than the same period 1 year ago ($1,062,142). In the last 30 days Huntsville the average home price was $65,980 (8.3%) higher than the average selling price of $733,535 over the last 12 months.
Average Huntsville condo sold price over the last 30 days (January 21 - February 19) was $390,000. During this period it was $62,000 (15.9%) up from the average price of condo of $328,000 during the previous 30 days (December 22 - January 20), and $2,500 (0.6%) higher compared to the same period 1 year ago ($387,500). In the last 30 days Huntsville the average condo price was $112,124 (28.7%) lower than the average selling price of $502,124 over the last year.
Sold Price Above/Below Asking ($)
Average selling price for Huntsville real estate was $752,711 in the last 30 days (January 21 - February 19), which is collectively $23,696 (2.7%) lower than the average asking price of $862,723. This represents an increase of $4,905 (17.1%) compared to $28,601 (3.0%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).
The maximum Sold Over/Under Asking ratio in Huntsville during the last 12 months was recorded in December, 2024 with an average of $9,259 under the asking price, while the minimum occurring in November, 2024 with $63,583 below the asking price.
Sales to New Listings Ratio
Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Huntsville was 17.8% with 13 properties sold and 39 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 30.8% recorded during the previous 30 day period (December 22 - January 20), and a decrease from 64.3% compared to the same period one year ago.
Over the the last year the highest SNLR in Huntsville was 2,120.8% recorded in December and the lowest was in November at 5.0%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.
Average Days on Market when Sold vs Delisted
The Average Days on the Market (DOM) for 13 properties that were successfully sold in Huntsville in the last 30 days (January 21 - February 19) was 38 days, which is 46 days less than 84 days average in the previous 30 day period (December 22 - January 20) and 100 days shorter than during the same period a year ago (138 days).
There were 44 delisted properties in Huntsville, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 86 days on the market. This is 30 days shorter than the average of 116 days during the previous 30 day period (December 22 - January 20) and 9 days more compared to the same period last year average of 77 days on the market.
44 Huntsville properties that didn't sell stayed on the market 126.3% longer than 13 that sucessfully sold over the last 30 days - 38 days when sold vs 86 days when delisted respectively.
Average Days on the Market in Huntsville over the past 12 months for properties that have sold was 60.8 days, with 95.1 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
73 new properties were listed on the market in Huntsville in the last 30 days (January 21 - February 19). During the same time 13 properties were sold and 44 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 16 properties (or 21.9%).
During the previous 30 day period (December 22 - January 20) there were 39 new properties listed, 12 sold and 65 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was November with 202 new properties listed, the slowest - June with 14 new listings and a yearly average of 45 new listings per month.
New Real Estate Listings by Property Type
There were a total of 37 homes listed during the last 30 days (January 21 - February 19), which is 50.7% of all properties listed in Huntsville. This is a 37.0% increase compared with a previous 30 day period (December 22 - January 20) and 236.4% up from the same period a year ago. Over the past year an average of 30 homes are were listed per month.
23 condo units were listed in the last 30 days (January 21 - February 19) in Huntsville, which represents 31.5% of all new listings. This is up 130.0% from the prior 30 day period (December 22 - January 20) and 666.7% more compared to the same period last year. There were 11 condos listed per month on average during the last 12 months.
Real Estate Sales by Property Type
There were a total of 11 homes sold during the last 30 days (January 21 - February 19), which is 84.6% of all properties sold in Huntsville. This is a 22.2% increase compared with a previous 30 day period (December 22 - January 20) and 57.1% up from the same period a year ago. Over the past year an average of 95 homes are were sold per month.
1 condo units were sold in the last 30 days (January 21 - February 19) in Huntsville, which represents 7.7% of all sold properties. This is down 50.0% from the prior 30 day period (December 22 - January 20) and 50.0% less compared to the same period last year. There were 10 condos sold per month on average during the last 12 months.