Huntsville real estate is alive and well

I was having a discussion with a Keller Williams agent, Bryan Pearl, in Alabama today, and asked him to do a short synopsis of their market right now. Huntsville is the location of a military base, and much upcoming government work. They are riding high on the sales market right now...lucky them... He writes:

The Huntsville Alabama Real Estate Market is a buyer’s market right now, but it is continuing to grow. With the Base Closure and Realignment Act (BRAC), several high profile companies have announced new operations or large expansions of existing operations in Huntsville. BRAC, alone is bringing around 2500 new jobs to the area. The Huntsville International Airport is adding two new wings and a total of 20,000 square feet. The airport is showing strong traffic growth for the year.

Many have asked me about Huntsville homes for sale. Our market is strong. 418 units were sold in November with the average price around $215,000. Sellers are making a few more concessions but the average sold price is varying 2% from the list price. We expect to see continued growth for the next several years.
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*They are also just beginning to start with condos there, adding to the traditional single family housing that now makes up most of the real estate choices.