Wednesday, April 13, 2011

Real Estate Market Report - March 2011

FOR IMMEDIATE RELEASE

Contact:
Tim Magnusson
Associate Broker / Owner
EXIT Reatly Research Park
(256) 705-4040
info@ExitRealtyResearchPark.com

Real Estate Market Report - March 2011

EXIT Realty Research Park Releases Monthly Report for Limestone and Madison Counties

Huntsville, AL (Grassroots Newswire) April 13, 2011 --EXIT Realty Research Park has released their comprehensive monthly report on the real estate market for Limestone and Madison counties. According to the March 2011 report, the 361 Single Family Residents sold during March was lower than any March of the last four years.

"The most active segments of the Limestone and Madison county markets continue to be the lowest price ranges. For the second month in a row, the most active price range were the homes priced between $200,000 and $300,000. During March 87 homes sold were in this range, and the inventories have fallen to just over 10 months bringing this segment to a Normal Buyer’s Market. Even better news is that the 70 homes sold in the $100,000 and below price range has returned our lowest priced segment to a Balanced Market" said Tim Magnusson, Associate Broker and Owner of EXIT Realty Research Park.
Magnusson says “Our monthly report contains detailed statistical analysis of single family home sales in 14 price bands, 22 zip codes and 15 areas. This separation and cross referencing of data allows the reader to see what the market is like in their particular part of the market”. The data is presented in an easy to read format and includes charts and graphs to help potential buyers and sellers understand the market as a whole.
If you would like to receive a free copy of the 10 page report, call our office at (256) 705-4040 or email us at info@ExitRealtyResearchPark.com.
EXIT Realty Research Park is an independently owned and operated real estate franchise and Tim Magnusson is an expert in the local market.

For more information about EXIT Realty Research Park, please call (256) 705-4040. EXIT Realty Research Park is located at 6610 Old Madison Pike; Suite 107; Huntsville, AL 35806.

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