Localism: Bradley County, TN

Bradley County Land Sales Report - October 2008

Wed, 05 Nov 2008 17:51:40 -0600

Bradley County Tennessee Land Sales Report - October 2008


Average List Price	$35,900
Average Sold Price	$33,900
Average Days On The Market (DOM)	72
Total Number Of Parcels Sold	2
Total Dollars Value Of Land Sold	$67,500
Land Parcels Currently For Sale	526

Bradley County Tennessee Land Sales Report - October 2007


Average List Price	$79,455
Average Sold Price	$74,100
Average Says On The Market (DOM)	260
Total Number Of Parcels Sold	23
Total Dollar Value Of Land Sold	$1,704,300

Summary: Its Ugly. Can we say construction is non existent for the most part! What does this mean to you? Be ready to take any 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 - October 2008

Wed, 05 Nov 2008 17:45:40 -0600

Bradley County Tennessee Home Sales Report - October 2008


Average List Price	$142,726
Average Sold Price	$138,520
Average Days On The Market (DOM)	103
Total Number Of Homes Sold	47
Total Dollars Value Of Homes Sold	$6,510,455
Homes Currently For Sale	826

Bradley County Tennessee Home Sales Report - October 2007


Average List Price	$142,823
Average Sold Price	$135,221
Average Says On The Market (DOM)	120
Total Number Of Homes Sold	80
Total Dollar Value Of Homes Sold	$10,817,751

Summary:The roller coster continues. This month is significantly worse than last year this month. What does this mean to you? Price it right! This is not the time to play with the market just get your home sold. Ask yourself 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 and Cleveland TN Absorption Rates - A Market Snapshot!

Wed, 08 Oct 2008 16:01:33 -0500

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

Mon, 06 Oct 2008 13:34:38 -0500

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

Sun, 14 Sep 2008 15:19:54 -0500

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 Sale	112

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