Realtors in Birmingham, Auburn and Huntsville, Alabama report strong residential housing sales across the state.
Huntsville
"The housing market in Birmingham remains strong with 1746 closings in June 2004," says Realtor Toni Bird. "This was up from 1552 closings in June 2003. Total dollar volume was up 18.73 percent from June of last year. New construction is strong with the greatest degree of appreciation being seen in newer homes or speciality neighborhoods. The average sales price for all communities was $183,758."
Auburn
"Auburn is a warm and friendly university community only minutes from the state's capital," says Realtor Allan Horwitz. "Auburn real estate has proven to be a strong market for the past few years. This is still the situation as buyers are quickly finding out. Currently, there is a high demand for building lots, single family properties at almost all price levels and properties near the Auburn University Campus. Investors seem to be a bit cautious in purchasing condos and duplexes. This is possibly due to the number of vacant rental units. Free-standing investing is as strong as ever. Foreclosures are almost nonexistent in this strong market."
Huntsville
"The Rocket City has an easy city lifestyle surrounded by the mountain views," say Realtors Cliff and Margaret Mann. "The real estate market in Huntsville continues to be strong, there are some great properties to choose from. For June 1st -June 9th there have been following number of homes sold in the respected areas: NW 6 with an average price of $73,555; NE 4 -average price $104,901 ; SW 4 - average price $87,475; SE 13 - average price $215,669. Sellers continue to put more homes on the market everyday and buyers are quickly taking notice. They are wanting to view these properties right away, so sellers need to have them ready to show immediately when the sign goes up."
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Published: August 2, 2004
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