Real Estate Watch-South East Tennessee and North Georgia

By BoLOHLONE payday loans

Market Update

Bradley County Home Sales Information Year To Date

January 1-January 26th 2008 

 138.7 Average List Price

134.0 Average Sold Price 

121 Average Days On The Market 

27 Properties Sold 

Bradley County Home Sales Information Year To Date

January 1-January 26th 2007 

 146.5 Average List Price 

141.5 Average Sold Price 

132 Average Days On The Market

 61 Properties Sold

Polk County Home Sales Information Year To Date

January 1-January 26th 2008

 130.1 Average List Price

125.3 Average Sold Price

318 Average Days On The Market

3 Properties Sold

Polk County Home Sales Information Year To Date

January 1-January 26th 2007 

118.5 Average List Price

113.3 Average Sold Price 

75 Average Days On The Market

5 Properties Sold 

Summary:

In Bradley County the number of homes sold this year in comparison with last year for the same time period is 56% less than last year. The average price of homes sold also declined 6% year over year. The bright note is that the time to sell decreased on average by 11 days.  

 In Polk County the number of homes sold this year in comparison with last year for the same period is 33% less than last year. The average price of homes sold increased by 9% year over year. The average days on the market is significantly longer but this is not necessarily very reflective of the trend due to the small number of homes sold so far this year.

 

Craig Harding RE/MAX Rivergate  

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