What does the 2012 real estate market look like?

Based on the past performance of local real estate markets, 2012 is going to be an exciting year for buying and selling homes in Auburn and Lee County, Alabama. After years of steady growth and appreciating property values, Auburn homes and property values across the U.S. have dropped.

Despite these turbulent conditions in local and national realty markets, home sales are up, prices are down and the housing inventory is moving quickly.

Attractive prices for historic homes, suburban properties, condos and new constructions mean faster sales and a housing inventory that has dropped 7.5 percent. Today, and as we move further into 2012, there will be plenty of properties available so buyers can take advantage of competitive prices while enjoying a comprehensive selection of properties across the Auburn – Opelika AL area. Current statistics show there are more than 900 local properties with a median price of $149,000, which means many homes could be yours for less than $100k.

According to data from the Alabama Center of Real Estate (ACRE), an organization affiliated with the University of Alabama, the average sale price for homes in the Opelika-Auburn Area and Lee County dropped 15 percent during 2011, which means a three-bedroom house with top-notch amenities can be purchased today for $160,000 compared to the $177,000 a buyer would have paid for the same house a year earlier.

New Construction Homes in 2012

The pricing of new constructions homes in Auburn have seen a modest increase of 5.9 percent during the past year, which means 2012 will be a great time to purchase a new home or condo before the prices go up. One of the most exciting statistics is Auburn home sales have increased more than 24 percent over the past year. In fact, the ACRE reported that growth in the Auburn real estate market exceeded the state average where 64 percent of local markets experienced improved sales numbers.

Buying and Selling Homes in Auburn in 2012

As a current homeowner looking to sell, your chances of finding a buyer quickly are growing all the time. The year 2012 will be a great time to buy and sell Auburn homes. Auburn real estate market forecasts and predictions from the statistical analysis provider Forecast-Chart.com estimate home prices may continue to fall over the next 12 months, which means now is the ideal time to list your home, trade up or secure your first property.

Viewing Homes in Auburn for Sale

Whether home values go up or down, some things will always stay the same here in beautiful Auburn, Alabama, like our top-rated schools, Auburn University and the historic downtown area. If you’re buying, selling or relocating to this thriving college community for work, school or family, 2012 will provide you with a great window of opportunity. Use the online map search feature at http://www.PorterProperties.com to search, save and share your favorite properties.

Scrolling through countless Auburn listings can be frustrating. Learn how to quickly narrow the list to find homes in Auburn that match your personal criteria.

Search for Homes in Auburn for sale by:

1 – Address

Search by street or city.

2 – Maps with landmarks

Draw your search area on a map – highlight schools, cafes, grocery stores plus more.

3 – Property type

Search for residential, condos, commercial property, multi-family, lots and land or other.

4 – MLS number

Enter the MLS number of a home in Auburn to view property details.

5 – Auburn Listing type

Narrow results to open houses, bank owned, featured, exclusive or favorite Auburn listings.

6 – Home Details

Find homes in Auburn by price range, bedroom and/or bathroom count, square footage or lot size.

7 – Keyword Search

Fine tune results with a specific keyword term or phrase.

8 – Save Criteria and/or get email alerts

When you have refined your Auburn home search to match your specific needs be sure to save your search. In addition an email alert can be sent when a property becomes available that matches your pre-set criteria.

Personal homes in Auburn listing services

Contact Weichert Realtors – Porter Properties for a customized list of properties and homes in Auburn for sale. Use our expert knowledge to help guide you with tips, news and other valuable real estate data to find your perfect Auburn home.

 Buster has lived in the Auburn AL area since 1998 and is a recent addition to the Weichert Realtors®-Porter Properties Auburn realty team. He has extensive retail and business- to- business sales experience in the Auburn Alabama area and realizes the importance of honesty, integrity, and customer service.

 Buster is dedicated to providing you with what our Auburn realty company calls “The Weichert Difference” – a noticeably higher level of service  making your real estate experience as easy and as stress-free as possible.

He attended Auburn University, earning both a B.S. and Master’s in Education, and looks forward to helping you with your real estate needs. 

Memberships:  
National Association of Realtors (NAR)
Alabama Association of Realtors (AAR)
Lee County Association of Realtors (LCAR)

The listing price of homes for sale in Auburn AL can range from $20,000 to nearly $2,000,000. Similar to other real estate markets homes for sale under $200,000 are popular amongst homebuyers today.

View Auburn homes for sale listed under $200,000 online 24/7 here. →

Homes for Sale in Auburn AL Highlights

Single Family Home offered at $190,000

355 GARDNER DR, AUBURN, AL 36830

A 3 bedroom – 2 bath home built in 1950 located in the city limits and close to campus.

Needs a little TLC but has great potential. Original Hardwoods, in-ground pool and 2 storage sheds.

Contact Auburn Realtor Rick Coffin for more details. ph 334-887-2070 – email rcoffin@porterproperties.com

Tiger Suites Condo offered at $160,000

430 W GLENN AVE #408 , AUBURN, AL 36830

Galley kitchen with a two burner cook top & great balcony. All units come professionally decorated, fully-furnished including beds and bedding, bath linen, dishes, patio furniture, bedroom TVs, living room TVs, a sleeper sofa, lamps, tables & more.

Rental program available. Fitness center, on-site staff, elevator.

Contact Auburn Realtor Gloria Pritchard Gittings for more details. ph 334-887-2070 – email gloriah@porterproperties.com

Land for Sale offered at $139,900

Lot 101 Brenton Court, AUBURN, AL 30240

A fabulous 2.6 acre lotA beautiful 2.6 acre lot in Asheton Lakes. Located on Brenton Lane, this lot backs up to a beautiful creek.

This wooded lot is not only full of gorgeous hardwoods, it provides privacy–no home will ever be built behind the lot. Seller will consider owner financing.

Contact Auburn Realtor Jeff Clary for more details. ph 334-887-2070 – email claryje@gmail.com

There are currently 670 plus homes for sale in Auburn AL for under $200,000.

Property types include single family, condominiums, vacant land (build a home), town-homes plus more. Something for everyone.

To view the above homes for sale in Auburn or all listings currently on the market listed under $200,000 visit PorterProperties.com. Real Estate listings are online 24/7 so you can view them from the comfort of your home.

 Auburn, Ala., November 8, 2011—Auburn Realtor® Carole J. Harrison, a member of the sales team at WEICHERT, REALTORS® – Porter Properties in Auburn Alabama, has been named to the Alabama Real Estate Commission, representing the Third Congressional District.

Auburn Realtor, Carole Harrison named to the Alabama Real Estate Commission

Auburn Realtor, Harrison is the 2011 Central Region Vice President for the Alabama Association of REALTORS® (AAR).  She is a past president of the Lee County Association of REALTORS® (LCAR) in Auburn Alabama and recipient of the LCAR Realtor® of the year 2009.   She has served on many local association committees and currently serves on several state committees including Information and Member Services, Professional Standards and the AU Education Fair Task Force.  She is a graduate of her local county’s Leadership Program and of Leadership AAR, and is active with the East Alabama Women’s Council of Realtors® (WCR) as 2011 vice president of membership. 

A 13-year area resident, Auburn Realtor, Harrison makes her home in the historic district of Opelika AL and is no stranger to community activities.  She maintains membership in both the Auburn AL and Opelika AL Chambers of Commerce and was named the Auburn Alabama Chamber Diplomat of the Year in 2003.  She is also a member of Auburn AL Toastmasters and the Kiwanis Club of Auburn Alabama. 

Auburn Realtor, Harrison can be reached at WEICHERT, REALTORS® – Porter Properties, located at 472 North Dean Road, Suite 200, in Auburn AL, telephone 334-887-2070. 

Auburn home MLS listings can range from $3 M plus to under $20,000. This is an incredible discrepancy that offers a wide range of buying advantages. Similar to most real estate markets, location is often the driving factor that dictates the value of a property.

Auburn Homes for Sale

A snapshot of three MLS listings currently on the market in Auburn Alabama.

Auburn Home #1

2895 Hamilton Road

List Price: $960,000

Total Bedroom Count – 6

Total Bathroom Count – 6

Square footage – 8,803 sq. ft.

Property Description

This magnificent custom built home in 1997 has numerous upgraded amenities and unique features including brick siding, gourmet kitchen with Jennair appliances, basketball court, swimming pool, security and vacuum systems to name a few.

Auburn Home #2

1097 Walden Lane

List Price: $349,500

Total Bedroom Count – 4

Total Bathroom Count – 4

Square footage – 3,299 sq. ft.

Property Description

Built in 2010 a beautiful European and American architectural styled Auburn home with a spacious kitchen that has granite counter tops, stainless appliances and all wood cherry finished cabinets. Additional special features include hardwood floors throughout the great room, dining room, hallways and foyer and a beautiful fireplace set up for gas logs.

Auburn Home #3

1094 Princeton Place

List Price: $128,900

Total Bedroom Count – 3

Total Bathroom Count – 2

Square footage – 1,554 sq. ft.

Property Description

An updated condo built in 1997 and is located near the center of town.

What determines Auburn home prices?

When a property is listed on the Multiple Listing Service a property comparison report or similar is produced by the real estate agent. Homeowners can use this report to determine listing price options along with other relevant advice from their real estate agent.

A property comparison report contains recently sold homes that are comparable to the subject property. Adjustments are made to the subject property for features such as square footage, over all condition, bedroom count plus more.

Making Your Offer

How much will you pay for you next Auburn home? Because the listing price is set, this may or may not be what you can expect to pay. Prior to making an offer gathering data by researching comparable homes and understanding the existing real estate market are an essential part of the home buying process. Good negotiation skills may also contribute to the ultimate accepted purchase price.

Contact Weichert Realtors – Porter Properties a local Auburn real estate company for a free comparative market analysis or to schedule a property showing. Auburn home real estate search can be found online 24/7 at PorterProperties.com.

Auburn was just listed as one of the best places to retire. Are you considering buying real estate in Auburn when you retire?

According to USNews Auburn Alabama made the list as one of the top places to call home after the working years are over.

Popular Auburn Real Estate Choices

Auburn Condominiums are popular due to low maintence requirements. In addition there are many great selections to choose from. New construction homes and great locations are features that many find appealing.

Residents in this friendly community enjoy many lifestyle perks. Cultural attractions, recreational activities, community events, parks and of course a big part of life for many is football. When the Tigers play at home the town bursts with enthusiasm.

Want to learn more about living in Auburn Alabama?

Weichert Realtors – Porter Properties, a locally trusted source for both buyers and sellers seeking information about real estate in Auburn is ready give you an exclusive tour of their community and answer all of your Auburn real estate questions.

Real Estate in Auburn for sale can always be viewed online 24/7 at PorterProperties.com.

Auburn, Ala., October 11, 2011— Auburn Realty Company, WEICHERT, REALTORS® – Porter Properties Broker Stacey Sanders and Owner Matt Rice report that Weichert, Realtors recently launched an iPhone application for all consumers who have the capability of connecting to the company website through an iPhone. The new application provides an improved online experience for Auburn home buyers and sellers, and offers key functionality, a range of convenient features based on GPS and greater ease-of-use at the touch of a screen. 

One of the unique features of Weichert, Realtors’ iPhone application is the user-friendly myWorkbook functionality. The myWorkbook feature lets the user group properties any way he/she would like, allowing notes and listings to be added during any search.  Users can share homes in Auburn via e-mail, Twitter or Facebook. Workbooks created on the iPhone are also viewable on Weichert’s website.  Once users register with a myWeichert account on Weichert.com, possibilities are endless.  Features of the myWeichert account include saving Auburn homes and search criteria, adding notes, uploading photos and rating properties. 

Another advantage of the app is its GPS-based features. Users on the go can search for all Auburn homes for sale, or Open Houses within two miles of his/her location.  Driving directions between locations are easily accessible and several views of a particular Auburn home can be selected. 

“The majority of people today are turning to the Internet when beginning a property search.  The most important thing one seeks from an iPhone application is quick access to homes in Auburn and detailed property information at any time from anywhere,” said Michael Montsko, president of the Weichert Lead Network, the Internet marketing arm for Weichert, Realtors. “I am confident that homebuyers will find the Weichert iPhone app and the real-time integration with Weichert.com to be an invaluable tool during their home search.” 

Consumers can download the Weichert iPhone application from the main screen on their iPhones by selecting the “App Store” application. Weichert’s application can be found by simply searching “Weichert” in the search browser.  Download the application and it is ready for use.  

WEICHERT, REALTORS® – Porter Properties joined the Weichert® franchise network in 2008.  The agency is located at 472 North Dean Road, Suite 200, in Auburn, telephone 334-887-2070.  Website address is www.porterproperties.com.

According to factfinder.census.gov the average market value of Auburn homes is under $100,000.

So what can an Auburn real estate buyer expect to find for sale in this price range?

Auburn Homes – Highlights and Statistics

The 2000 data revealed the total number Auburn homes to be 1,963,711. Over 42% of these properties were 1 unit detached single family homes.

Auburn Home Values

The data further submits the majority of homes in Auburn range in value from $50,000 to $99,999 with the median value of $85,100. These numbers represents over 40% of homes in Auburn. Additional research identified slightly over 300 existing homes in Auburn for sale in this price range.

Auburn Homes from $50,000 to $99,999

To expand upon this targeted range of property values and understand what features a buyer can expect to find let’s look at an Auburn home currently on the market for $89,000 and listed by Rick Coffin of Weichert Realtors – Porter Properties.

Introducing…

6556 CO RD 0022, AUBURN, AL 36830

Additional Property Features

Newly remodeled and priced to sell! 12 miles to Auburn City Limits. 3BR/1.5BA with new stove, dishwasher to remain, new carpet, freshly painted and one-car carport. Spacious fenced-in yard with a private setting, perfect for the first-time homebuyer.

To view all Auburn homes online 24/7 (click) or visit Weichert Realtors – Porter Properties.

Donahue Ridge is a new home development in Auburn AL that seems to have it all.

Spacious 3, 4, and 5 bedroom homes with square footage up to 2850. Large wooded lots including desired amenities like granite counter tops, wood flooring, tile in the wet areas, and rock accent exteriors.

Location: Donahue Ridge offers easy access to the University and Auburn Schools.

Pricing: The price tag for these homes is only $175,000 to $225,000.

Builder: Edgar and Jack Hughston are a father and son team of Builders who are combining quality construction with innovative design.

New Construction Auburn AL Home Highlights

- Auburn Schools
- Granite Countertops
- Great Lots
- Rock and Cedar Accents
- Convenient to Auburn

View Donahue Ridge and other new construction Auburn AL homes here.