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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Madison, Alabama

Reported by Elaine Erves Simelton, REALTOR, ABR

Updated April 9, 2012.

Current Market Rating: 3




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Buyer's

Seller's

Current Price Trend: 5



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5
Falling

Rising

GREEETINGS FROM MADISON ~~ A WONDERFUL SUBURBAN AREA OF HUNTSVILLE!

For Up-to-date Stats on How Many Houses SOLD in This Area go to www.http://ElaineSellHuntsville.com

We are currently experiencing a Stable Housing Market with home prices slightly rising due to LOW unemployment overall in Madison County. The Greater Huntsville area's market is unique and while some parts of the country are experiencing severe sluggish market, Madison County is experiencing tremendous growth with an abundants of new homes for buyers to choose from.

According to the North Alabama Multiple Listing Service (NALMLS), average home prices in the Huntsville/Madison area have increased over five percent since 2006.The average price of a single family residence is approx. $271,389. Luxury priced homes range up to $1,000,000+.

Feel free to call me anytime @ (256) 316-1238.

THANKS

Elaine



ZIP Codes: 35759, 35757, 35758, 35756

Location Characteristics: It's the place where you've always wanted to live.
Madison is rich in history and character. The City is now a cosmopolitan economic center for western Madison County - the focal point of North Alabama's technology boom.
Located adjacent to Huntsville International Airport, Redstone Arsenal, and NASA's Marshall Space Flight Center, Madison is a hot-spot for defense contractors like Boeing, Raytheon, Northrop Grumman and others.
Madison is home to a diverse community of over 37,000 residents, growing at a rate of over 5% per year. A thriving, family-friendly community with a median income of over $85,000. The median age is 33, and more than 11,000 of those who enjoy its way of life are children under the age of 18.
Over 69% of Madison's adults have Bachelor's or higher degrees and nearly 60% work at the professional or managerial level.
Madison, Alabama - It's a great place to live, to work, and to raise a family. A NEW HOSPITAL IS CURRENTLY UNDER CONSTRUCTION IN MADISON and will open in 2012, within the same area a new Target and Wal-Mart are also under construction.


For More Information:

View Market Conditions of other areas served by Elaine Erves Simelton

Navigate: Top > Alabama > Madison

About Elaine Erves Simelton:
When shopping for real estate in the Greater Huntsville Alabama area, the person you'll want to contact is ELAINE ERVES SIMELTON.

Elaine comes from a 23 year military background that has afforded her the privilege of living in many different regions of our great country.However, after a 5 1/2 year residence in Huntsville, Elaine is proud to call Alabama her "home for life"~!

She utilizes the most recent and advanced technology available in the real estate industry, and this knowledge, combined with her years of marketing and sales experience, ensures you that any transaction with Elaine will be handled in a truly professional manner.

Elaine is adept at handling both commercial ~ as well as residential listings, and is always ready to serve your every real estate
need and desire.

Remember, when you think of Real Estate~think of ELAINE SIMELTON~Your Northern Alabama realtor


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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