What’s trending in the real estate market right now in the Huntsville metro

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Real estate numbers fell in several metrics in November. (Jess Hamilton / Prime Imaging)

November in the Huntsville metro area saw the real estate market slip in several metrics across the area. Median sales prices, total listings, number of homes sold and other indicators decreased in November compared to October.

However, as one local realtor explains, that’s not a reason to panic.

Real estate stats at a glance

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Check out the real estate statistics in the area for November. (Jess Hamilton / Prime Imaging)

Huntsville, Athens, Madison and Decatur each saw decreases in median sales price in November, compared to October. Additionally, the number of homes sold in each of those cities decreased significantly in November, especially in Huntsville and Decatur.

Here’s a snapshot of the real estate market in November:

CityMedian Home Price in November (% change from October)New Listings in November (% change from October)Homes Sold in November (% change from October)Average Days on the Market (% change from October)
Huntsville$299,950 (-2.9%)227 (-36.2%)194 (-26.2%)123 (+9.8%)
Athens$298,900 (-5.9%)153 (-15.9%)110 (-8.3%)126 (-2.3%)
Madison$384,445 (-2.7%)178 (-19.5%)130 (-17.2%)141 (+1.4)
Decatur$240,000 (-6.5%)82 (+1.2%)70 (-29.3%)119 (+3.5%)

Source: Valley MLS

What this means for the local market

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Realtor Jeanette McWhorter says slight decreases in market metrics are normal this time of year. (Jess Hamilton / Prime Imaging)

Despite some decreases in several metrics in November, the market is not necessarily in any kind of trouble.

Realtor Jeanette McWhorter of First Choice Real Estate said the November stats reflect more of a seasonal pattern rather than a shift in market fundamentals.

“Late fall is traditionally one of the slowest periods for real estate, with fewer homes coming on the market and fewer buyers actively shopping as the holidays approach. That naturally results in lower listing and sales volume compared to earlier in the year.”

Jeanette McWhorter, First Choice Real Estate

McWhorter said the increase in days on market in Madison, Huntsville and Decatur indicates a normalized market. She said buyers are more deliberate right now, particularly in a higher-interest-rate environment. In essence, homes are still selling, but pricing and presentation matter more than they did during the peak of the pandemic-era market.

However, McWhorter said, Athens stands out as an exception.

“The decrease in days on market there suggests demand remains strong, likely driven by affordability and ongoing growth in the area. We’re seeing buyers expand their searches beyond core metro markets in order to find better value, and Athens continues to benefit from that trend.”

Jeanette McWhorter, First Choice Real Estate

The bottom line, McWhorter said, is that while new listings declined in November, that drop is seasonal and has helped keep inventory levels balanced. As a result, prices have remained relatively stable, even as overall transaction activity has slowed.

“Overall, the data points to a market that is cooling seasonally, not weakening structurally. Conditions are more balanced and predictable, which benefits buyers and sellers who approach the market with realistic expectations and strong local guidance.”

Jeanette McWhorter, First Choice Real Estate

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Michael Seale
Michael Seale
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