Hermitage TN Housing Stats for December 2009

Hermitage Tennessee Housing Statistic Report

January 10, 2010

For December 1 - 31, 2009

Closed 35 Properties Found
	Square Feet	Bedrooms	Full Baths	Half Baths	List Price	Sales Price	Days on Market
MIN	1,124	3	1	0	$57,900	$55,000	0
AVG	2,157	3.43	2.09	0.6	$192,503	$187,956	68
MEDIAN	2,025	3	2	1	$189,900	$175,000	54
MAX	3,856	5	3	1	$399,985	$399,985	327

Of these 35 homes, they accounted for $6,737,627 in listings and 6,578,475 in closings for a 98% List to Sale Ratio. In other words, In Hermitage, homeowners are getting 98% of their list price on average.

10 out of the 35 or 28.57% of the homes sold were Foreclosures or Short. To look at this another way, that means, Hermitage had closed $1,879,470.31in default homes in December '09, almost a third of the closings were distressed homes.

The lowest sale was $55,000.00 MLS # 1118224 located at 405 Rockwood Dr.

The highest sale was $399,985.00 MLS # 1095196 located at 4721 Medalist Circle Lot 111.

The subdivisions Hermitage Hills and Hermitage Meadows had the most closings with 3 each.