About Chattanooga's Signal Mountain

Signal Mountain Real Estate Sales

Real estate sales information about Signal Mountain, TN. Call for information about qualifying for a conventional, FHA, VA, or Rural Development home loan.

It helps for both buyers and sellers to understand the trends in homes for sale.

plus a local feature - Nolan Elementary School. It helps to understand the trends about homes for sale in the local market.

	Nolan Elementary School is one of 2 elementary schools serving the Signal Mountain community. It was built in 1999. The principal is Ken Barker . There are 559 students and 45 teachers. The mascot name is the Knights. If you look closely at the photo on the left you can see the sword embedded into the stone to symbolize knighthood.
Nolan Elementary School

Signal Mountain is located in Hamilton County on Walden's Ridge.  Its population is approximately 7,500. It received its town charter in 1919.

Signal Mountain is supported by Thrasher Elementary and Nolan Elementary schools and now by a newly built combined middle and high school. The new school opened this fall with over 800 student enrolled.

The Mountain Arts Community Center provides education in the arts as well as facilities for community gatherings.

The community website provides excellent information about events, opportunities, the town council, and organizations.

Here are some local information and pictures about Signal Mountain.

The information in the below 5 charts indicates the local residential market trends over the last 12 months.

Chart 1 Average Selling Price and Average Listing Price
The trend of the average sales price and compared with the average listed price of those sold homes. This can give some insight as to how the market is supporting the asking price for listed homes.

Signal Mountain - Average Selling Price and Average Listed Price of Sold Properties

Chart 2 Number of new listings and number of sold homes
The trend of number of homes listed and sold. This gives some indication of the balance between selling and buying in the local market.

Signal Mountain - Number of Sold Homes and Number of Newly Listed Homes

Chart 3 Number of listings active on the market and average days on the market
The average day that properties have been on the market as well as the total number of properties listed for sale on the date this report was posted. 

Number of Active Listings	Average List Price of Active Listings	Average Days On Market (DOM) of Active Listings
147	$458,651	133

Chart 4 Average Price of New Listings
The trend of average price for newly listed properties. It gives an indication of the trending in the average price for the local market.

Signal Mountain - New Listing Average Price

Chart 5 Median List Price to Median Sold Price
The trend of listing and selling prices. It indicates whether a market has declining or increasing values. The median price is the price at which half the homes sell for more and half the homes sell for less.

Signal Mountain - Median List Price and Median Sold Price

Would you like to know what payment you qualify for? or How much home you can afford?

Call me at 423-280-0345 or email me . Visit my website for information about purchasing your new home.

We offer excellent first time home buyer financing, as well as FHA, VA, and Rural Development loans. Visit my website to learn about our different home financing programs.

We specialize in new construction financing.

We have numerous lenders that offer a variety of programs that meet the financing needs of higher priced (jumbo loan) homes.

Your home financing goals can be fulfilled at American Acceptance Mortgage.

 

 

Richard Smith
American Acceptance Mortgage, Inc
Toll Free 888-474-9920 Cell 423-280-0345
Home financing in Tennessee, Georgia, and Alabama.
Experience matters when it is your home loan.

FHA, VA, Rural Development, Reverse Mortgages, Construction Permanent, Renovation, FHA Renovation
rsmith@aamonline.com

The new combined Middle School and High School for Signal Mountain opened in time for the new school year. The gynmasium is still being finished, but the first day of school went well with faculty and staff enjoying their new digs.

The Signal Mountain High School has been long anticipated, and the new facility does not disappoint. The construction is part of a major commitment to building our area infrastructure and to improving our public schools. It is all part of Chattanooga establishing itself as a world class town. The construction costs were around $45 million.

The Chattanooga Times Free Press was on hand for the opening. They reported that over 800 students registered for the first day.

Here is a Channel 3 News video of the opening ceremony.

Here is the Chattanoogan.com coverage.

 New school hall ways

 New gymnasium

Photo on the left, Principal Eddie Gravitte, Superintendent Dr Jim Scales and School Board member Chip Baker. Photo on the right, hallways at change of class.

Congratulations to the students and staff. Enjoy the great new facility.

Here is a link to the post on the new Orchard Knob school.

Richard Smith

Toll Free 888-474-9920 Cell 423-280-0345
Home financing in Tennessee, Georgia, and Alabama.
Experience matters when it is your home loan.

One day in the middle of the summer of 2005, Patrice and I were driving back to Maryland from visiting our son Josh in the Air Force. Somehow we knew that we would make a move south. Little did we know that Chattanooga and more specifically Signal Mountain would be our destination.

Because I moved here first while our home in Maryland went on the market, most of our time was spent going back and forth. Before our home search began, we found an older home that we fell in love with. The possibilities we were now faced with became a hobby. Red Oak floors, plaster walls and ceilings, mountain stone and craftsmanship that was unique to the time period.

With each demolition we started we uncovered surprises ...some good, some challenging. We will add from time to time...feel free to share your remodeling experiences!

Since this picture, we have painted and repaired the outside. It is now a shade of yellow/gold with all the shutters removed and trim painted white.

When you look on a map of Signal Mountain, TN in the Old Towne area, our home is at the epicenter. This is interesting because of the 6 springs that originate in the lower right of our property behind the hedges. From here they form a stream that runs into Shoal Creek and eventually into the Tennessee River.