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Home Polk Count Land Sales In July 2008

Polk Count Land Sales In July 2008

Polk County Tennessee Land Sales Report - July 2008
Average List Price $33,300
Average Sold Price$30,500
Average Days On The Market (DOM)259
Total Number Of Parcels Sold 3
Total Dollars Value Of Land Sold $91,500
Land Parcels Currently For Sale274
Polk County Tennessee Land Sales Report - July 2007
Average List Price $68,000
Average Sold Price$65,000
Average Says On The Market (DOM) 240
Total Number Of Parcels Sold 2
Total Dollar Value Of Land Sold $130,000
Summary: Land sales are off in the total dollars sold but we did sell one more parcel than last year in the month of July. Until new construction recovers from over building we will only see limited improvements in this area. What does this mean to you? Be ready to price your land very aggressively and or just buckle up for a wait as the pending sales numbers are not better at all. If you get an offer and it is anywhere close and you want to sell sign the offer and do what they ask. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 *All numbers based on sales reported in RCAR for both time periods.
Posted Tuesday Aug 26