Valley MLS market summary

Filed under: valley mls —Tags: Huntsville Houses, Valley MLS
Summary of Valley MLS activity in the neighborhood
October 11th, 2011 10:16 AM
The link below is to a summary of Valley MLS activity in the neighborhood since 10/01/10. There average sale was at $93 per square foot but there were sales at $100 to $111 per square foot. The $111 per square foot sale was new construction but the increase in sales price is encouraging.
http://nalmls.com/NALMLSReports/ListitLib/show_report.aspx?ID=7114861065
There are nine active listings and four pending sales with a average list price of $96 per square foot. While we are seeing improvement and the lake lot is worth a few thousand extra, we aren’t quite where we need to be yet on appreciation.
I will contact lenders to see if we can make progress on that part of the equation.

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