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Land Sales Statistics In Bradley County Tennessee May 2008- RE/MAX Rivergate

Bradley County Land Sales May 2008
Average List Price $58,605
Average Sold Price $49,634
Average Days On The Market (DOM) 430
Total Number Of Parcels Sold 7
Total Dollars Value Of Land Parcels Sold $347,440
Parcels Currently For Sale 522
Bradley County Land Sales May 2007
Average List Price $79,002
Average Sold Price $57,172
Average Says On The Market (DOM) 193
Total Number Of Land Parcels Sold 15
Total Dollar Value Of Land Sold $857,590
Summary: Every category on the sale of land in may was very negative and is reflective of the very slow new construction market. With over 50% fewer lots and parcels selling in May in comparison with May 07 if you are selling a piece of land in Bradley County and need to sell in any type of reasonable time frame then you had better price extremely aggressively and if you are buying then you should have lots of leverage on the price and lots of choices...
Posted Tuesday Jun 10