Huntsville Real Estate Statistics

Huntsville Real Estate Price Trend
Huntsville real estate average sold price in the last 30 days (September 16 - October 15) was $949,280, which is $487,204 (51.3 %) lower than the average price of $1,436,484 in the previous 30 day period (August 17 - September 15), and $439,550 (46.3 %) up from the same period 1 year ago ($509,730). Huntsville real estate prices over the last 30 days are also $206,436 (21.7 %) higher than the average selling price of $742,844 over the past year.
Huntsville average sold price for homes was $1,132,475 in the last 30 days (September 16 - October 15), which is $972,623 (85.9 %) down from the average home price of $2,105,098 in the previous 30 day period (August 17 - September 15), and $498,600 (44.0 %) higher than the same period 1 year ago ($633,875). In the last 30 days Huntsville the average home price was $218,657 (19.3 %) higher than the average selling price of $913,818 over the last 12 months.
Average Huntsville condo sold price over the last 30 days (September 16 - October 15) was $216,500. During this period it was $328,500 (151.7 %) down from the average price of condo of $545,000 during the previous 30 days (August 17 - September 15), and $211,860 (97.9 %) lower compared to the same period 1 year ago ($428,360). In the last 30 days Huntsville the average condo price was $209,555 (96.8 %) lower than the average selling price of $426,055 over the last year.
Sold Price Above/Below Asking ($)
Average selling price for Huntsville real estate was $949,280 in the last 30 days (September 16 - October 15), which is collectively $36,680 (3.6 %) lower than the average asking price of $1,018,116. This represents a decline of $2,637 (7.7 %) compared to $34,043 (2.5 %) Sold-Under-Asking price from the previous 30 day period (August 17 - September 15).
The maximum Sold Over/Under Asking ratio in Huntsville during the last 12 months was recorded in April, 2021 with an average of $135,860 over the asking price, while the minimum occurring in September, 2021 with $79,980 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 83.3 % with 5 properties sold and 7 new properties listed in the past 30 days (September 16 - October 15). This represents a decrease from 100.0 % recorded during the previous 30 day period (August 17 - September 15), and a decrease from 83.3 % compared to the same period one year ago.
Over the the last year the highest SNLR in Huntsville was 300.0 % recorded in December and the lowest was in April at 27.8 %. 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 5 properties that were successfully sold in Huntsville in the last 30 days (September 16 - October 15) was 69 days, which is 42 days more than 27 days average in the previous 30 day period (August 17 - September 15) and 13 days longer than during the same period a year ago (56 days).
There were 8 delisted properties in Huntsville, those that got either Expired, Suspended or Terminated over the last 30 days (September 16 - October 15) with an average of 55 days on the market. This is 11 days longer than the average of 44 days during the previous 30 day period (August 17 - September 15) and 12 days more compared to the same period last year average of 43 days on the market.
8 Huntsville properties that didn't sell stayed on the market 20.3 % longer than 5 that sucessfully sold over the last 30 days - 69 days when sold vs 55 days when delisted respectively.
Average Days on the Market in Huntsville over the past 12 months for properties that have sold was 40.2 days, with 99.2 days for those properties that did not sell.
New Real Estate Listings vs Sold/Delisted
6 new properties were listed on the market in Huntsville in the last 30 days (September 16 - October 15). During the same time 5 properties were sold and 8 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 7 properties (or 116.7 %).
During the previous 30 day period (August 17 - September 15) there were 7 new properties listed, 7 sold and 3 properties that did not sell and were removed from the market.
Over the past year the busiest month for new listings was April with 18 new properties listed, the slowest - December with 1 new listings and a yearly average of 7 new listings per month.
New Real Estate Listings by Property Type
There were a total of 5 homes listed during the last 30 days (September 16 - October 15), which is 83.3 % of all properties listed in Huntsville. This is a 16.7 % decline compared with a previous 30 day period (August 17 - September 15) and 25.0 % up from the same period a year ago. Over the past year an average of 4 homes are were listed per month.
Real Estate Sales by Property Type
There were a total of 4 homes sold during the last 30 days (September 16 - October 15), which is 80.0 % of all properties sold in Huntsville. This is a 0.0 % decline compared with a previous 30 day period (August 17 - September 15) and 0.0 % down from the same period a year ago. Over the past year an average of 3 homes are were sold per month.
1 condo units were sold in the last 30 days (September 16 - October 15) in Huntsville, which represents 20.0 % of all sold properties. This is down 66.7 % from the prior 30 day period (August 17 - September 15) and 80.0 % less compared to the same period last year. There were 2 condos sold per month on average during the last 12 months.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
55951597