Real Estate Watch-South East Tennessee and North Georgia

Polk County Tennessee Home Sales Report For December 2009

Polk County Tennessee Home Sales Report – December 2009
Average List Price $107,116
Average Sold Price $97,958
Average Days On The Market (DOM) 135
Total Number Of Homes Sold 6
Total Dollars Value Of Homes Sold $587,750
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – December 2008
Average List Price $95,640
Average Sold Price $94,920
Average Says On The Market (DOM) 220
Total Number Of Homes Sold 5
Total Dollar Value Of Homes Sold $474,600
Summary: Home sales continue to look up. This is four strait months of improving news, which is the first time we have had that since the economic downturn began. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Market ticker arrows are incorrect and due to a problem being worked on currently. Sorry.
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Posted on January 11th, 2010 by Craig Harding
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Bradley County Tennessee Home Sales Report December 2009

Bradley County Tennessee Home Sales Report – December 2009
Average List Price $162,838
Average Sold Price $147,329
Average Days On The Market (DOM) 141
Total Number Of Homes Sold 71
Total Dollars Value Of Homes Sold $10,460,401
Homes Currently For Sale NA
Bradley County Tennessee Home Sales Report – December 2008
Average List Price $141,783
Average Sold Price $136,230
Average Says On The Market (DOM) 113
Total Number Of Homes Sold 46
Total Dollar Value Of Homes Sold $6,266,600
Summary: Home sales continue to show the first significant bounce since the down turn in 2007. This month showed the largest number of positive indicators of any month to date! Last month I said that “This bounce is largely due to the anticipation of the expiration of the first time home buyer credit which has been extended and expanded. It is my belief that now that the time pressure is gone for a few more month that the sold numbers will decline in December-February.” I was wrong! It is still tim to be sure that if you get a good offer and are priced under $200k then take a long look at it and make sure you can live with no sale or less money down the road as a possibility. If you are over 200k and especially over 300k then take the offer even if it hurts if you can and need to move. Remember only the best homes sell in this kind of market so make it show great and consider dropping your price to a lower bracket so you stand out among similar priced homes. If you are interested in selling your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Arrows on this chart are not correct due to a blog problem we are working on getting corrected. Sorry.
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Posted on January 11th, 2010 by Craig Harding
Filed under: Featured Listings | No Comments »

Polk County Tennessee November Home Sales 2009

Polk County Tennessee Home Sales Report – November 2009
Average List Price $87,821
Average Sold Price $76,357
Average Days On The Market (DOM) 150
Total Number Of Homes Sold 7
Total Dollars Value Of Homes Sold $534,500
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – November 2008
Average List Price $177,340
Average Sold Price $157,890
Average Says On The Market (DOM) 169
Total Number Of Homes Sold 5
Total Dollar Value Of Homes Sold $789,450
Summary: Home sales continue to look up for the third time in 3 months which is the first time since the economic downturn began. While total dollars of real estate sold are down this month in comparison with last year the numbers are less drastic and the number of homes sold is up significantly this month in part due to the expected end of the first time home buyer tax credit. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Market ticker arrows are incorrect and due to a problem being worked on currently. Sorry.
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Posted on January 11th, 2010 by Craig Harding
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Cleveland TN Home Sales November 2009

Bradley County Tennessee Home Sales Report – November 2009
Average List Price $124,740
Average Sold Price $119,724
Average Days On The Market (DOM) 153
Total Number Of Homes Sold 79
Total Dollars Value Of Homes Sold $9,458,215
Homes Currently For Sale NA
Bradley County Tennessee Home Sales Report – November 2008
Average List Price $130,600
Average Sold Price $122,785
Average Says On The Market (DOM) 104
Total Number Of Homes Sold 63
Total Dollar Value Of Homes Sold $7,735,474
Summary: Home sales continue to show the first significant bounce since the down turn in 2007. This bounce is largely due to the anticipation of the expiration of the first time home buyer credit which has been extended and expanded. It is my belief that now that the time pressure is gone for a few more month that the sold numbers will decline in December-February. If you get a good offer and are priced under $200k then take a long look at it and make sure you can live with no sale or less money down the road as a possibility. If you are over 200k and especially over 300k then take the offer even if it hurts if you can and need to move. Remember only the best homes sell in this kind of market so make it show great and consider dropping your price to a lower bracket so you stand out among similar priced homes. If you are interested in selling your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Arrows on this chart are not correct due to a blog problem we are working on getting corrected. Sorry.
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Posted on January 11th, 2010 by Craig Harding
Filed under: Featured Listings | No Comments »

Land Sales In Bradley and Polk County Tennessee-Market Overview

I usually provide month by month statistical updates for both counties but land sales for both counties have been so dismal this year in both counties that the statistics would not be based on even a close to satisfactory sample size for any helpful comparisons. I you are a seller and need to sell your land in the next 5 months then its time to bring out the big ax and cut deep on the price! It is my personal opinion that we will see bargain hunting land buyers start snaping up good deals in the next 6-9 months and that we will see at least a small start to recovery in the new construction market which will start to help lot sales slightly in 9-12 months. I personaly expect the stock market to take a hit due to over heating without enough actual economic and jobs recovery to support its current actions and that some investors will begin to once again see real value in the real estate market’s coming bounce back. I guess for now all we can do is wait and see and play the hand we have.

Craig Harding RE/MAX Rivergate 423-338-7300

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Posted on November 22nd, 2009 by Craig Harding
Filed under: Bradley County, Land, Polk County, South East Tennessee | No Comments »

Polk County Tennessee Home Sales Report October 2009

Polk County Tennessee Home Sales Report – October 2009
Average List Price $102,925
Average Sold Price $101,056
Average Days On The Market (DOM) 127
Total Number Of Homes Sold 8
Total Dollars Value Of Homes Sold $808,450
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – October 2008
Average List Price $247,478
Average Sold Price $232,018
Average Says On The Market (DOM) 143
Total Number Of Homes Sold 4
Total Dollar Value Of Homes Sold $928,072
Summary: Home sales continue to look up for the second time in 2 months which is the first time since the economic downturn began. While total dollars of real estate sold are down this month in comparison with last year the numbers are less drastic and the number of homes sold is up significantly this month in part due to the expected end of the first time home buyer tax credit. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Market ticker arrows are incorrect and due to a problem being worked on currently. Sorry.
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Posted on November 22nd, 2009 by Craig Harding
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Polk County Tennessee Home Sales Report September 2009

Polk County Tennessee Home Sales Report – September 2009
Average List Price $69,175
Average Sold Price $64,125
Average Days On The Market (DOM) 125
Total Number Of Homes Sold 6
Total Dollars Value Of Homes Sold $384,750
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – September 2008
Average List Price $58,925
Average Sold Price $55,475
Average Says On The Market (DOM) 190
Total Number Of Homes Sold 4
Total Dollar Value Of Homes Sold $221,900
Summary: This month is good news for polk county and one of the few since the economic downturn. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Market ticker arrows are incorrect and due to a problem being worked on currently. Sorry.
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Posted on November 22nd, 2009 by Craig Harding
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Polk County Tennessee Home Sales August 2009

Polk County Tennessee Home Sales Report – August 2009
Average List Price $186,750
Average Sold Price $176,375
Average Days On The Market (DOM) 116
Total Number Of Homes Sold 4
Total Dollars Value Of Homes Sold $705,500
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – August 2008
Average List Price $169,540
Average Sold Price $164,880
Average Says On The Market (DOM) 195
Total Number Of Homes Sold 5
Total Dollar Value Of Homes Sold $824,400
Summary: Home sales continue to be off significantly even from 2008 levels which where already affected by the economic downturn. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Market ticker arrows are incorrect and due to a problem being worked on currently. Sorry.
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Posted on November 21st, 2009 by Craig Harding
Filed under: Homes, Market Statistics, Polk County | No Comments »

Polk County Tennessee Home Sales Report July 2009

Polk County Tennessee Home Sales Report – July 2009
Average List Price $127,200
Average Sold Price $126,900
Average Days On The Market (DOM) 179
Total Number Of Homes Sold 6
Total Dollars Value Of Homes Sold $761,400
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – July 2008
Average List Price $124,937
Average Sold Price $116,562
Average Says On The Market (DOM) 101
Total Number Of Homes Sold 8
Total Dollar Value Of Homes Sold $932,500
Summary: Home sales continue to be off significantly even from 2008 levels which where already affected by the economic downturn. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422 Market ticker arrows are incorrect and due to a problem being worked on currently. Sorry.
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Posted on November 21st, 2009 by Craig Harding
Filed under: Homes, Polk County, South East Tennessee | No Comments »

Polk County Tennessee Home Sales Report-Including Benton and Ocoee TN Homes

Polk County Tennessee Home Sales Report – June 2009
Average List Price $86,550
Average Sold Price $78,250
Average Days On The Market (DOM) 124
Total Number Of Homes Sold 6
Total Dollars Value Of Homes Sold $469,500
Homes Currently For Sale NA
Polk County Tennessee Home Sales Report – June 2008
Average List Price $79,142
Average Sold Price $77,842
Average Says On The Market (DOM) 58
Total Number Of Homes Sold 7
Total Dollar Value Of Homes Sold $544,900
Summary: Home sales continue to be off significantly even from 2008 levels which where already affected by the economic downturn. If you are interested in marketing your property or are looking for a good deal to buy then just give me a call. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 or Direct at 423-650-4422
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Posted on November 21st, 2009 by Craig Harding
Filed under: Homes, Polk County, South East Tennessee | No Comments »

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