Hampton Cove, Huntsville Alabama, April 2008 Abosorption Rates
By Elizabeth Cooper-Golden, Huntsville AL MLS
(Huntsville Alabama Real Estate, (@ Homes Realty Group))
To continuing our absorption rate studies for the various Huntsville Real Estate market segments, in this post we present a current market snapshot of East Huntsville city limits. This MLS area includes the Owens Crossroads community and one of the more popular communities in Huntsville, Hampton Cove, which hosts a 630 acre, 54 hole, championship Robert Trent Jones Golf Course surrounded by tall oak, pine and maple trees, majestic green mountains and meandering lakes and offers some of the most attractive golf scenery in Alabama.The following table illustrates this market segment segregated further by price. Note the variety of market conditions across the various price ranges. In this localized market example we again see upward price pressure in the low end where inventory is limited...
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