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Madison Alabama Market Report October 1-31 2013

Madison Alabama Market Report October 1-31 2013

Want to start searching for you Dream Home now?

Whats been going on in the Madison Alabama real estate market for the last year?  With May, June, July and August of 2013 certainly favoring the seller, it has been a year of small ups and downs with the absorption rate flexing between a buyers and sellers market, but ending September with an over all absorption rate of 6.79 which only slightly favors a buyer market.  

Madison Alabama Last 12 months

Looking forwarding to October of 2013 sales are down from 71 to 55, however, days on the market are also shorter, the average sales to list price is slightly higher and the absorption rate slightly favors the buyer over last October. 

Madison Alabama Market Report

 

Each of the last 3 years has been an improvement over the preceding year and my expectations are continued improvement for 2014.  Sellers are preparing their homes for the spring market with increased expectation of an improving market.

For articles about Madison and Huntsville Alabama area and to search for your new home.

If you need a knowledgeable real estate professional in Madison or Huntsville Alabama area, why don't you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.


Comment balloon 5 commentsNick T Pappas • November 02 2013 02:00PM
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