Huntsville-area Market Total Sales Up 16 Percent From A Year Ago

By ACRE Research

Click here to view or print the entire monthly report compliments of the ACRE Corporate Cabinet.

Sales: According to the Hunstville Area Association of Realtors,Huntsville-area residential sales totaled 437 units during February, an increase of 0.7 percent from one year ago, when sales totaled 434 units. Existing single-family homes accounted for 72 percent of all residential sales, while newly constructed homes were 25 percent. Two more resources to review: Quarterly Report and Annual Report.

For all Huntsville-area housing data, click here.Forecast: February sales for the Huntsville area were 38 units, or 8.0 percent, below the Alabama Center for Real Estate’s monthly forecast. ACRE projected 475 sales for the area during February, while the actual sales were 437 units. Year-to-date there have been 880 closed residential transactions in the area, 1.8 percent below ACRE’s forecast of 896 year-to-date sales. 

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