Huntsville December home sales rose 4 percent over the same month during 2015.
According to the latest data from the Huntsville Area Association of Realtors, home sales topped out at 494 for the month of December. The chart below shows how home sales in Huntsville have performed during the month since 2006.
Click here to see Huntsville’s December Residential Report from the Alabama Center for Real Estate
The chart also shows Huntsville inventory in a decline, dropping 12 percent from December 2015 to 2,371 units on the market.
Click here to view ACRE’s Annual Residential Report for Huntsville
Huntsville annual sales also increased in 2016, rising 9 percent from 2015 to 6,227 units, 46 percent higher than the 2011 trough of 4,272 units.
The chart below shows the peak for home sales in Huntsville occured in 2003 at 7,231 units, 14 percent higher than the 2016 annual results.
Click here to read ACRE’s full Huntsville December Residential Article at Alabama Newscenter