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Area housing prices, inventory increase over July

HUNTSVILLE — House shopping may be getting a little easier in North Alabama, according to the latest information from the Huntsville Area Association of Realtors.

Housing inventory in the nine-county combined market has increased from last year (August 2022), meaning more homes are on the market at diverse prices, the Realtors group said.

The organization also said the August average sale price in North Alabama has increased compared to July. HAAR recently released its monthly real estate market statistics for August from valleymls.com.

“At HAAR, affordable and attainable housing is our top priority,” said HAAR President Chris Hulser-Hoover. “With new construction planned for the rest of the year in North Alabama, inventory will continue increasing, allowing new home buyers to enter the market between the $250k-$300k price range.”

The valleymls.com region includes Cherokee, Dekalb, Etowah, Jackson, Lawrence, Limestone, Madison, Marshall, and Morgan counties.

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