Everything you see here is reliable but not guaranteed. These reports are almost as boring as the title implies. This one covers ZIP code 37405 as reported to the Chattanooga MLS.

North Chattanooga Real Estate Sales (All prices)

All active listings: 134

Pending or contingent listings (under contract): 16

Residential listings closed (sold) during the past month: 15

Number of months to sell current actives at last month's sales pace: 8.9

Under $100,000

Active, residential listings: 21

Pending or contingent listings: 3

Residential listings closed last month: 3

Number of months to sell current actives at last month's sales pace: 7.0

$100,000-200,000

Active, residential listings: 37

Pending or contingent listings: 4

Residential listings closed during the last month: 5

Number of months to sell current actives at last month's sales pace: 7.4

$200,000-400,000

Active, residential listings: 45

Pending or contingent listings: 5

Residential listings closed during the last month: 5

Number of months to sell current actives at last month's sales pace: 9

Over $400,000

Active, residential listings: 31

Pending or contingent listings: 4

Residential listings closed during the last month: 2

Number of months to sell current actives at last month's sales pace: 15.5

North Chattanooga continues to be a hot spot on the Chattanooga real estate map. While the rest of Hamilton County homes priced $200-400k are looking at possibly waiting 11.3 months to sell, in North Chattanooga, that number is only 9.0. If you go up into the over $400k market the difference is even bigger at 34.1 vs. 15.5. You have to take those numbers with a touch of added sodium. Since the North Chatt market is so much smaller, a few big sales can make a huge difference. Regardless, it's clear that Chattanoogans are still willing to fork over bigger bucks in North Chatt than just about anywhere else.

That's kinda what The Pinnacle is. Except these are DE-Luxe apartments you can own.

The Pinnacle sits right around Stringer's Ridge between North Chattanooga & Red Bank. It's a high rise building that used to be rented apartments. A few years ago the owner decided to renovate and sell. And they went all out, turning The Pinnacle into, well, the pinnacle of hip urban style. Granite counter tops in both kitchens and baths, stainless steel appliances, real wood floors, tiled balconies, and did I mention the view? Most units have either a mountain or downtown Chattanooga city view.

A new parking garage being built on the site will block the view from the 3 lowest floors on the mountain side which means that the remaining unit for sale on the 2nd floor is being offered at a fire sale price.

From the 4th floor up, the views will remain unchanged and you should expect prices of about $150,000+ for a 2 bedroom, 2 bath unit, completely renovated, mountain side depending on which floor you want. Higher floors command higher prices and city views are generally more expensive.

There are lots of reasons to like the Pinnacle. The club room (with a bar!) that you can reserve for parties, the pool overlooking the city and the theatre complete with popcorn machine. If you find your own unit confining, you'll have lots of options without leaving the complex.

When you do leave the complex you'll find yourself in the heart of everything that downtown & North Chattanooga have to offer.

Fast facts

Pets up to 50 lbs are allowed. There is a laundry room on each floor in addition to the European style laundry hook-ups in each unit. Dedicated parking is available for each resident. Home-owner's association fees are $183/$200/$251/mo for 1, 2 or 3 bedrooms respectively. HOA fees include access to and maintenance for all amenities plus gated access, pest control & building insurance. The complex is FHA approved for easier financing options (not common among condos these days).

Click to see units available at the Pinnacle. For more photos, visit this post about The Pinnacle North Chattanooga condos at JuliaOdom.com

...and you wouldn't have had to stand in line at Clumpies for an hour to go to the bathroom tonight!

All you have to do is buy this place

Even though it's cold outside, baby, it's warm inside the carousel at Coolidge Park in North Chattanooga. One dollar per person per ride and it even accepts credit cards.

Interested in the history of the grand old lady? Click here.

Check out this link to see current operating hours for the carousel.

Want a home where you can walk to the park? Click here for currently available homes within just a half mile.

Stats listed are coming from the 37405 ZIP code. In other words, if you're a North Chatt snob purist be forewarned that this is going to include Stringer's Ridge, a little of Red Bank and some of Signal Mtn Blvd too.

All Northshore/North Chattanooga Real Estate Sales through the Chattanooga MLS

All active listings as of 1/5/09: 125

Pending or contingent listings (under contract) as of 1/5/09: 19

Residential listings closed (sold) during December 2009: 8

Number of months to sell current actives at December's sales pace: 15.6

North Chattanooga Real Estate, Under $200,000

Active, residential listings: 59

Pending or contingent listings: 13

Residential listings closed during December 2009: 5

Number of months to sell current actives at December's sales pace: 11.8

North Chattanooga Real Estate, $200,000-400,000

Active, residential listings: 35

Pending or contingent listings: 5

Residential listings closed during December 2009: 1

Number of months to sell current actives at December's sales pace: 35

North Chattanooga Real Estate, $400,000-600,000

Active, residential listings: 8

Pending or contingent listings: 1

Residential listings closed during December 2009: 2

Number of months to sell current actives at December's sales pace: 4

North Chattanooga Real Estate, $600,000+

Active, residential listings: 23

Pending or contingent listings: 0 (ouch)

Residential listings closed during December 2009: 0 (double ouch)

Number of months to sell current actives at December's sales pace: A hair past forever?

North Chattanooga definitely took a bit of a nose dive for December - click here to see November's stats. Not anything that you don't expect in this industry, there just aren't that many people out there looking to move right around the holidays. The most striking issue is that there weren't any sales at all in the over $600k range (and nothing pending right now either). Does that mean that the high dollar love affair with Forrest Ave is coming to an end? Probably not but North Chatt has been one of the few areas where you could count on some of these upper end homes to sell. Looks like that's at least slowing a little. Of course, when you are dealing with a very small sample size you really aren't going to see steady numbers so these fluctuations aren't cause for too much alarm.

On this chart, DOM = Days on Market, everything else is pretty self-explanatory.