| Polk County Tennessee Land Sales Report - August 2008 |
| Average List Price | $105,500 |  |
| Average Sold Price | $96,800 | |
| Average Days On The Market (DOM) | 464 |  |
| Total Number Of Parcels Sold | 2 | |
| Total Dollars Value Of Land Sold | $193,600 | |
| Land Parcels Currently For Sale | 266 | |
| Polk County Tennessee Land Sales Report - August 2007 |
| Average List Price | $64,133 | |
| Average Sold Price | $59,666 | |
| Average Says On The Market (DOM) | 149 | |
| Total Number Of Parcels Sold | 3 | |
| Total Dollar Value Of Land Sold | $179,000 |
| Summary: Land sales are off in the number of parcels sold compared to last year in the month of August. This is a real mixed bag as half the number are worse than last year and half are better. Most of the numbers showing better than last year are due to both sales being larger parcel or high value parcels and don't indicate a shift in value. Until new construction recovers from over building we will only see limited improvements in this area of the market. What does this mean to you? Be ready to just buckle up for a wait and or price your property very very aggressively. If you get an offer and it is anywhere close and you want to sell, then 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. |
| 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 Sale | 274 | |
| 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. |
| Bradley County Tennessee Land Sales Report - July 2008 |
| Average List Price | $75,210 | |
| Average Sold Price | $71,130 | |
| Average Days On The Market (DOM) | 122 | |
| Total Number Of Parcels Sold | 5 | |
| Total Dollars Value Of Land Sold | $355,650 | |
| Land Parcels Currently For Sale | 491 | |
| Bradley County Tennessee Land Sales Report - July 2007 |
| Average List Price | $141,096 | |
| Average Sold Price | $133,495 | |
| Average Says On The Market (DOM) | 199 | |
| Total Number Of Parcels Sold | 24 | |
| Total Dollar Value Of Land Sold | $3,203,880 |
| Summary: Land sales are largely dead right now in Cleveland and Bradley county. 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. |
| Polk County Tennessee Home Sales Report - June 2008 |
| Average List Price | $79,142 | |
| Average Sold Price | $77,842 | |
| Average Days On The Market (DOM) | 57 | |
| Total Number Of Homes Sold | 6 | |
| Total Dollars Value Of Homes Sold | $544,900 | |
| Homes Currently For Sale | 115 | |
| Polk County Tennessee Home Sales Report - June 2007 |
| Average List Price | $192,827 | |
| Average Sold Price | $183,900 | |
| Average Says On The Market (DOM) | 190 | |
| Total Number Of Homes Sold | 11 | |
| Total Dollar Value Of Homes Sold | $2,022,901 |
| Summary: This is a very negative report in almost every way. While this is a small snapshot since it is only one month it should be taken with some grain of salt but it is strongly indicative of continued slowing in the market place. What does this mean to you? If you want to sell your home you had better price it very aggressively and be ready to wait a while. When deciding whether to accept an offer or to reduce your asking price take into consideration how much of your payment on the home is and how much of that is interest. The interest you pay every month is lost money and a price reduction or acceptance of a lower offer may really save you money in the long run. 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 - June 2008 |
| Average List Price | $41,966 | |
| Average Sold Price | $37,300 | |
| Average Days On The Market (DOM) | 270 | |
| Total Number Of Parcels Sold | 3 | |
| Total Dollars Value Of Land Sold | $111,900 | |
| Land Parcels Currently For Sale | 265 | |
| Polk County Tennessee Land Sales Report - May 2007 |
| Average List Price | $43,595 | |
| Average Sold Price | $34,845 | |
| Average Says On The Market (DOM) | 358 | |
| Total Number Of Parcels Sold | 10 | |
| Total Dollar Value Of Land Sold | $348,450 |
| Summary: While some of these indicators are very positive they are offset by the drastic decrease in the number of properties sold. So much weight should be given to the huge decrease in the number sold that it turns this report into a virtually completely negative report. 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 no 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. |
 |
|
|
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
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved
