| Polk County Tennessee Home Sales Report - July 2008 |
| Average List Price | $124,937 |  |
| Average Sold Price | $116,562 | |
| Average Days On The Market (DOM) | 100 |  |
| Total Number Of Homes Sold | 8 | |
| Total Dollars Value Of Homes Sold | $932,500 | |
| Homes Currently For Sale | 114 | |
| Polk County Tennessee Home Sales Report - July 2007 |
| Average List Price | $165,800 | |
| Average Sold Price | $157,628 | |
| Average Says On The Market (DOM) | 137 | |
| Total Number Of Homes Sold | 7 | |
| Total Dollar Value Of Homes Sold | $1,101,400 |
| Summary: This is a refreshing report compared to last months for sure and just underscores the overall uncertainty the market as a whole is facing. What does this mean to you? Not everything is doom and gloom. Stick with it and price your home right be absolutely sure that you make your home the very best for every showing so that the few buyers out there looking see your with its best foot forward. Leave all the lights on before the showing and maybe even back some cookies just before leaving! 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 |
| Bradley County Tennessee Home Sales Report - July 2008 |
| Average List Price | $170,815 | |
| Average Sold Price | $165,582 | |
| Average Days On The Market (DOM) | 125 | |
| Total Number Of Homes Sold | 75 | |
| Total Dollars Value Of Homes Sold | $12,418,650. | |
| Homes Currently For Sale | 846 | |
| Bradley County Tennessee Home Sales Report - July 2007 |
| Average List Price | $175,555 | |
| Average Sold Price | $171,194 | |
| Average Says On The Market (DOM) | 114 | |
| Total Number Of Homes Sold | 114 | |
| Total Dollar Value Of Homes Sold | $16,092,295 |
| Summary: This shows continued softness in the local market and underscores the overall uncertainty of the market as a whole. What does this mean to you? Price it right now is not the time to play with the market. Don't walk away from offers without really looking at what it will cost you to not accept the offer you have and make your house available for every showing possible! 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 |
| Polk County Tennessee Land Sales Report - May 2008 |
| Average List Price | $66,750 | |
| Average Sold Price | $60,000 | |
| Average Days On The Market (DOM) | 259 | |
| Total Number Of Parcels Sold | 6 | |
| Total Dollars Value Of Land Sold | $360,000 | |
| Land Parcels Currently For Sale | 245 |
| Polk County Tennessee Land Sales Report - May 2007 |
| Average List Price | $29,158 | |
| Average Sold Price | $24,200 | |
| Average Says On The Market (DOM) | 112 | |
| Total Number Of Parcels Sold | 5 | |
| Total Dollar Value Of Land Sold | $121,000 |
| Summary: This is an excellent report in most ways. The average price is up as well as the percentage of the list price that the properties are selling for is up to 90% from 83% last year for the same period of time. The one big negative is the fact that their is so much for sale and that the days on the market are correspondingly longer. What does this mean to you? If you are selling you had better price your property very well if you want to sell quickly and even then be prepared to wait a while. If you are buying you have lots of choices but the sellers as a whole are not coming down significantly from their prices. If you are interested in buying or selling land in Polk County be sure to give me a call for the specific info on your property or the market you are looking to buy in. Craig Harding RE/MAX Rivergate 423-338-7300 |
| Polk County Tennessee Home Sales Report - April 2008 |
| Average List Price | $147,712 | |
| Average Sold Price | $144,045 | |
| Average Days On The Market (DOM) | 213 | |
| Total Number Of Homes Sold | 6 | |
| Total Dollars Value Of Homes Sold | $864,275 | |
| Homes Currently For Sale | 112 | |
| Polk County Tennessee Home Sales Report - April 2008 |
| Average List Price | $158,300 | |
| Average Sold Price | $149,704 | |
| Average Says On The Market (DOM) | 134 | |
| Total Number Of Homes Sold | $1,646,750 | |
| Total Dollar Value Of Homes Sold | 11 |
| Overall this is a fairly gloomy report with almost all of the main indicators showing a slower market than last year at this time. There are a couple of good things though. 1. The average difference from what a home is listed for to what it sells for on average was 95% in May 2007 and in May 2008 it has improved to 98%. What this tells me is that homes that are priced correctly to start with are sell very near the asking price and that homes that are not priced aggressively are continuing to sit. 2. The number of homes for sale decreased slightly this month which if it continues is a very health trend that lead to market equilibrium. What does this mean to you? Well be sure to price your home very competitively taking in to account the competition and the market absorption rate in relation to your time frame for moving. In short Price It Right! If you are a buyer dont be afraid to pay at or near the asking price if the home is the best value out their but be ready to negotiate on homes that are over priced. If you are looking to buy of sell be sure to give me a call and we can talk more about your specific needs or market as their are always differences based on the price range and area you are looking to buy or sell in. Call Craig Harding RE/MAX Rivergate in Ocoee Tennessee 423-338-7300 |
| 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... |
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ABR & CDPE Working in Residential, Log Home, Commercial and 1031 Exchange Serving Polk, Bradley, Monroe, Hamilton and McMinn County as well as North Georgia. RE/MAX Rivergate WWW.CraigHarding.com
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