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About Bradley County, TN

Bradley County and Cleveland TN Absorption Rates - A Market Snapshot!

Craig Harding: Real Estate Agent in Cleveland, TN
If you look at this report it will give you a real feel for how the market is not only local but that different price ranges are completely different in relation to competition and demand. A normal market is where there is 6 months or less of inventory. Looking at the chart here you will see that under 150k dollars the market is actually quite good. It is slow but not terrible under 190k but above that price range things get ugly and fast. There are a couple isolated bright spots in the upper price range. Be sure to check out the price range you are planning to sell or buy in. If you are selling in a price range that has more than 6 months inventory then you need to price very aggressively to stand out (more so the more pronounced the inventory level is). If you are a buyer and you think you are going to beat up the seller and get a great deal and you are in a price range with less than 6 months of inventory then you better be prepared for competition and to be disappointed. Look for large inventory sectors for the best deals. In so many ways it is all about Supply and Demand! If you want more info on the market area you are wanting to buy in or sell in then call me now at 423-650-4422 Direct Craig Harding RE/MAX Rivergate 423-338-7300
Price Range Active Sold Months
50k-59,999 13 22 5.32
60k-69,999 22 37 5.35
70k-79,999 23 30 6.90
80k-89,999 40 56 6.43
90k-99,999 46 43 9.63
100k-109,999 22 57 3.47
110k-119,999 43 50 7.74
120k-129,999 33 44 6.75
130k-139,999 38 59 5.79
140k-149,999 36 43 7.53
150k-159,999 35 34 9.26
160k-169,999 26 35 6.68
170k-179,999 35 33 9.54
180k-189,999 17 19 8.05
190k-199,999 31 18 15.5
200k-209,999 17 12 12.75
210k-219,999 19 20 8.55
220k-229,999 32 11 26.18
230k-239,999 17 12 12.75
240k-249,999 23 11 18.82
250k-259,999 11 4 24.75
260k-269,999 16 9 16
270k-279,999 19 8 21.37
280k-289,999 13 4 29.25
290k-299,999 14 7 18
300k-309,999 4 4 9
310k-319,999 6 4 13.5
320k-329,999 8 4 18
330k-339,999 6 2 27
340k-349,999 6 4 13.5
350k-359,999 5 3 15
360k-369,999 6 1 54
370k-379,999 4 3 12
380k-389,999 6 3 18
390k-399,999 9 3 27
400K-409,999 0 1 up to 9
410K-419,999 3 2 13.5
420K-429,999 4 0 over 12 less than 48
430K-439,999 0 2 6 or less
440K-449,999 5 3 15
450K-459,999 6 0 no sales to date
460K-469,999 3 0 no sales to date
470K-479,999 4 0 no sales to date
480K-489,999 5 0 no sales to date
Continued...
Price Range Active Sold Months
490k-499,999 8 2 36
500k-549,999 10 3 30
550k-599,999 10 2 30
600k-699,999 7 0 no sales to date
700k-799,999 5 1 45
800k-999,999 7 0 no sales to date
1 Mil - 15 Mil 7 0 no sales to date

Bradley County Tennessee Home Sale Update - September 2008

Craig Harding: Real Estate Agent in Cleveland, TN
Bradley County Tennessee Home Sales Report - September 2008
Average List Price $150,487
Average Sold Price $146,008
Average Days On The Market (DOM) 134
Total Number Of Homes Sold 95
Total Dollars Value Of Homes Sold $13,870,775
Homes Currently For Sale 835
Bradley County Tennessee Home Sales Report - September 2007
Average List Price $151,258
Average Sold Price $147,871
Average Says On The Market (DOM) 129
Total Number Of Homes Sold 78
Total Dollar Value Of Homes Sold $11,533,939
Summary: Last months numbers where ugly but here we go and this month is the best so far this year! The roller coster continues. What does this mean to you? Continue to price it right! This is not the time to play with the market just get your home sold. 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! Lets hope this is the beginning of some continued improvement in October. 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

Home Sales In Bradley County Tennessee August 2008

Craig Harding: Real Estate Agent in Cleveland, TN
Polk County Tennessee Home Sales Report - August 2008
Average List Price $169,540
Average Sold Price$164,880
Average Days On The Market (DOM)194
Total Number Of Homes Sold 5
Total Dollars Value Of Homes Sold $824,400
Homes Currently For Sale112
Polk County Tennessee Home Sales Report - August 2007
Average List Price $178,109
Average Sold Price$169,663
Average Says On The Market (DOM) 216
Total Number Of Homes Sold 11
Total Dollar Value Of Homes Sold $1,866,300
Summary: Last month was better and this month is not so good this all underscores the continuing overall uncertainty the market as a whole is facing. What does this mean to you? Price your home right and 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 bake 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 Count Home Sales Report August 2008

Craig Harding: Real Estate Agent in Cleveland, TN
Bradley County Tennessee Home Sales Report - August 2008
Average List Price $152,938
Average Sold Price$146,880
Average Days On The Market (DOM)128
Total Number Of Homes Sold 93
Total Dollars Value Of Homes Sold $13,659,915
Homes Currently For Sale849
Bradley County Tennessee Home Sales Report - August 2007
Average List Price $161,128
Average Sold Price$155,041
Average Says On The Market (DOM) 116
Total Number Of Homes Sold 111
Total Dollar Value Of Homes Sold $17,209,604
Summary: There is nothing to like about this report other than that it could have been worse. What does this mean to you? Price it right now! This 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

Bradley County Land Sales August 2008 Finaly Some Good News

Craig Harding: Real Estate Agent in Cleveland, TN
Bradley County Tennessee Land Sales Report - August 2008
Average List Price $48710
Average Sold Price$47,792
Average Days On The Market (DOM)487
Total Number Of Parcels Sold 15
Total Dollars Value Of Land Sold $669,100
Land Parcels Currently For Sale487
Bradley County Tennessee Land Sales Report - August 2007
Average List Price $47,612
Average Sold Price$45,175
Average Says On The Market (DOM) 294
Total Number Of Parcels Sold 8
Total Dollar Value Of Land Sold $361,400
Summary: This is the first great news or even good news in the land sales department for Bradley County in quite a while. Good number almost everywhere. Pending sales indicate this may continue into September. Let what and see if we can get the feet back under the land sales market. It will be interesting to see if the new construction market is beginning to come back. What does this mean to you? Be ready to take any good offer you get if it is important to you to get your property sold. If you are a buyer you may begin to start having to make your mind up a little quicker. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 *All numbers based on sales reported in RCAR for both time periods.