Huntsville Real Estate Statistics

Huntsville real estate average sold price in the last 30 days (March 25 - April 23) was $665,333, which is $97,583 (14.7%) lower than the average price of $762,916 in the previous 30 day period (February 24 - March 24), and $227,167 (34.1%) down from the same period 1 year ago ($892,500). Huntsville real estate prices over the last 30 days are also $104,873 (15.8%) lower than the average selling price of $770,206 over the past year.

Huntsville average sold price for homes was $824,000 in the last 30 days (March 25 - April 23), which is $12,875 (1.6%) down from the average home price of $836,875 in the previous 30 day period (February 24 - March 24), and $68,500 (8.3%) lower than the same period 1 year ago ($892,500). In the last 30 days Huntsville the average home price was $21,581 (2.6%) lower than the average selling price of $845,581 over the last 12 months.

Average selling price for Huntsville real estate was $665,333 in the last 30 days (March 25 - April 23), which is collectively $9,066 (1.0%) lower than the average asking price of $942,149. This represents an increase of $39,467 (81.3%) compared to $48,533 (4.8%) Sold-Under-Asking price from the previous 30 day period (February 24 - March 24).

The maximum Sold Over/Under Asking ratio in Huntsville during the last 12 months was recorded in October, 2023 with an average of $5,933 under the asking price, while the minimum occurring in December, 2023 with $127,350 below the asking price.

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 50.0% with 9 properties sold and 18 new properties listed in the past 30 days (March 25 - April 23). This represents an increase from 33.3% recorded during the previous 30 day period (February 24 - March 24), and an increase from 20.0% compared to the same period one year ago.

Over the the last year the highest SNLR in Huntsville was 364.7% recorded in July and the lowest was in April at 6.2%. 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.

The Average Days on the Market (DOM) for 9 properties that were successfully sold in Huntsville in the last 30 days (March 25 - April 23) was 81 days, which is 37 days more than 44 days average in the previous 30 day period (February 24 - March 24) and 48 days longer than during the same period a year ago (33 days).

There were 37 delisted properties in Huntsville, those that got either Expired, Suspended or Terminated over the last 30 days (March 25 - April 23) with an average of 87 days on the market. This is 15 days longer than the average of 72 days during the previous 30 day period (February 24 - March 24) and 21 days more compared to the same period last year average of 66 days on the market.

37 Huntsville properties that didn't sell stayed on the market 7.4% longer than 9 that sucessfully sold over the last 30 days - 81 days when sold vs 87 days when delisted respectively.

Average Days on the Market in Huntsville over the past 12 months for properties that have sold was 56.0 days, with 78.3 days for those properties that did not sell.

18 new properties were listed on the market in Huntsville in the last 30 days (March 25 - April 23). During the same time 9 properties were sold and 37 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 28 properties (or 155.6%).

During the previous 30 day period (February 24 - March 24) there were 18 new properties listed, 6 sold and 22 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was August with 28 new properties listed, the slowest - December with 5 new listings and a yearly average of 16 new listings per month.

There were a total of 11 homes listed during the last 30 days (March 25 - April 23), which is 61.1% of all properties listed in Huntsville. This is a 8.3% decline compared with a previous 30 day period (February 24 - March 24) and 83.3% up from the same period a year ago. Over the past year an average of 11 homes are were listed per month.

6 condo units were listed in the last 30 days (March 25 - April 23) in Huntsville, which represents 33.3% of all new listings. This is up 20.0% from the prior 30 day period (February 24 - March 24) and 50.0% more compared to the same period last year. There were 4 condos listed per month on average during the last 12 months.

There were a total of 4 homes sold during the last 30 days (March 25 - April 23), which is 44.4% of all properties sold in Huntsville. This is a 0.0% decline compared with a previous 30 day period (February 24 - March 24) and 100.0% up from the same period a year ago. Over the past year an average of 9 homes are were sold per month.