| Bradley County Tennessee Home Sales Report - March 2009 |
| Average List Price | $140,271 |  |
| Average Sold Price | $132,789 | |
| Average Days On The Market (DOM) | 122 |  |
| Total Number Of Homes Sold | 53 | |
| Total Dollars Value Of Homes Sold | $7,037,861 | |
| Homes Currently For Sale | 797 | |
| Bradley County Tennessee Home Sales Report - March 2008 |
| Average List Price | $144,183 | |
| Average Sold Price | $136,806 | |
| Average Says On The Market (DOM) | 135 | |
| Total Number Of Homes Sold | 79 | |
| Total Dollar Value Of Homes Sold | $10,807,750 |
| Summary: This month is 34.9% worse than last year in terms of dollars or real estate sold and 32.9% worse as far as the number of homes sold. The only small bright spots in this report worth talking about is the days on the market are less this year than last. What does this mean to you? Price it right and low than the market to get it sold and get attention in the crowd! This is not the time to play with the market just get your home sold. Remember that for every 1% that the interest rates go up your home becaomes on average 9-10% less affordable for the buy who has a mortgage and thus puts presure on you to need to reduce the price. The big question most sellers forget to take into account is what it will cost me not to accept the offer? Really make sure your house available for every showing possible! Buyers the interest rates are going to go up and probably substantially which will largely erase any gains you think you might get by waiting for the market to adjust down more. Be sure to take advantage of the up to $8000 first time home buyer tax credit when buying as it does not have to be paid back unless you sell in the first three years. Don't forget to take all the factors in to consideration as price is only one of the pieces in the affordability puzzle. If you are interested in selling 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 Land Sales Report - March 2009 |
| Average List Price | $34,678 | |
| Average Sold Price | $28,878 | |
| Average Days On The Market (DOM) | 127 | |
| Total Number Of Parcels Sold | 9 | |
| Total Dollars Value Of Land Sold | $259,904 | |
| Land Parcels Currently For Sale | 500 | |
| Bradley County Tennessee Land Sales Report - March 2008 |
| Average List Price | $41,640 | |
| Average Sold Price | $38,000 | |
| Average Days On The Market (DOM) | 270 | |
| Total Number Of Parcels Sold | 15 | |
| Total Dollar Value Of Land Sold | $570,000 |
| Summary: The market for land is terrible and will continue to be that way until demand for new homes returns. The total dollars of land sold this month compared to last year for the same month is down over 54.4%. That reflects a very absent new construction market and real opportunity for builders and buyers to reposition themselves by negotiating land prices to a level that allows them to build and compete in the price range of our market today. What does this mean to you? Take any even remotely close offer you get if it is important to you to get your property sold. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 *All numbers based on sales reported in RCAR for both time periods. |
| Bradley County Tennessee Land Sales Report - February 2009 |
| Average List Price | $38,540 | |
| Average Sold Price | $30,000 | |
| Average Days On The Market (DOM) | 93 | |
| Total Number Of Parcels Sold | 5 | |
| Total Dollars Value Of Land Sold | $150,000 | |
| Land Parcels Currently For Sale | 525 | |
| Bradley County Tennessee Land Sales Report - February 2008 |
| Average List Price | $36,476 | |
| Average Sold Price | $35,676 | |
| Average Days On The Market (DOM) | 214 | |
| Total Number Of Parcels Sold | 13 | |
| Total Dollar Value Of Land Sold | $463,800 |
| Summary: The market for land is terrible and will continue to be that way until demand for new homes returns. The total dollars of land sold this month compared to last year for the same month is down over 67%. That reflects a very absent new construction market and real opportunity for builders and buyers to reposition themselves by negotiating land prices to a level that allows them to build and compete in the price range of our market today. What does this mean to you? Take any even remotely close offer you get if it is important to you to get your property sold. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 *All numbers based on sales reported in RCAR for both time periods. |
| Bradley County Tennessee Home Sales Report - February 2009 |
| Average List Price | $144,300 | |
| Average Sold Price | $139,716 | |
| Average Days On The Market (DOM) | 165 | |
| Total Number Of Homes Sold | 51 | |
| Total Dollars Value Of Homes Sold | $7,125,560 | |
| Homes Currently For Sale | 769 | |
| Bradley County Tennessee Home Sales Report - February 2008 |
| Average List Price | $154,189 | |
| Average Sold Price | $147,184 | |
| Average Says On The Market (DOM) | 120 | |
| Total Number Of Homes Sold | 94 | |
| Total Dollar Value Of Homes Sold | $13,835,386 |
| Summary: This month is 48.5% worse than last year in terms of dollars or real estate sold and 45.7% worse as far as the number of homes sold. There are basically no bright spots in this report worth talking about. What does this mean to you? Price it right and low than the market to get it sold and get attention in the crowd! This is not the time to play with the market just get your home sold. Remember that for every 1% that the interest rates go up your home becaomes on average 9-10% less affordable for the buy who has a mortgage and thus puts presure on you to need to reduce the price. The big question most sellers forget to take into account is what it will cost me not to accept the offer? Really make sure your house available for every showing possible! Buyers the interest rates are going to go up and probably substantially which will largely erase any gains you think you might get by waiting for the market to adjust down more. Don't forget to take all the factors in to consideration as price is only one of the pieces in the affordability puzzle. If you are interested in selling 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 |
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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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