November 26th, 2012 11:49 PM by Landa Pennington
As of 26 November 2012, Madison County, AL currently has 2650 single family homes available for sale.
To date in 2012, 953 single family homes in Madison County have sold. Of these, 278 were new construction; 83 were 1-5 years of age and 101 were 6-10 years old. The average sales price of the homes in the 1-5 year age bracket was $227,819.
Sales price data for the 954 sales:
219 sold for $400K/+.
356 sold for $300K-$399,999.
952 sold for $200K-$299,999.
1662 sold for $100K-$199,999.
With current interest rates around 3.25% for a 30 year conventional loan,and VA interest rates at 3% or lower, it is a good time to buy before any decrease in inventory.
Email me at Landa@MyHuntsvilleHomes.com for info on your particular real estate questions.