“World's Most Complete Neighborpedia”
Sponsor a Community — What is Localism? | Register or Sign In
Explore:   What's happening in your neck of the woods?
HomeTennesseePolk County

About Polk County, TN

Blog_tag

Polk County Tennessee Land Sales Report January 2009

02-16-09
Craig Harding
Craig Harding: Real Estate Agent in Cleveland, TN
  • view my blog
  • Office: (423) 338-7300
  • Mobile: (423) 443-6460
  • Secondary: (423) 650-4422
Polk County Tennessee Land Sales Report - January 2009
There was one sale this month for $22,000 and there are 280 active properties for sale. Needless to say there are really no statistics to report as averages etc mean nothing on one property. This was a very bad month for land sales in Polk County. Of course it is January which is not usually a good month so that being said we sold less that 1/3 of what was sold last year as far as total dollars sold. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 *All numbers based on sales reported in RCAR for both time periods.
0 Comments
Blog_tag

Polk County Market Absorption Rates and Year End Market Report

01-06-09
Craig Harding
Craig Harding: Real Estate Agent in Cleveland, TN
  • view my blog
  • Office: (423) 338-7300
  • Mobile: (423) 443-6460
  • Secondary: (423) 650-4422
All market price ranges are in a less than market balance. The only market segment that is fairly healthy is 70k-110k. If you want to sell in this market look at the number of months of Inventory it will take to sell the homes already on the market and decide the following 2 things; Do I need to sell or can it wait, and if I do need to sell when? If your home is in say the 150k-170k range and if you need to sell in 3 months then you had better price your home as the very best priced home (very aggressive) by far, and keep it in the best condition! I do see some improvement in the 250k-330k range but it is still a buyers market. This is clearly showing we continue to have some time before this market will turn back to a more balanced market. Price Range ActiveSoldMonths
50k-69,999 11 10 13.2
70k-89,999 9 14 7.7
90k-109,999 5 7 8.58
110k-129,999 9 8 13.5
130k-149,999 10 8 14.99
150k-169,999 7 4 21
170k-189,999 8 4 24.02
190k-209,999 3 0 No Sale To Date
210k-229,999 5 0 No Sale To Date
230k-249,999 4 0 No Sale To Date
250k-269,999 3 3 12
270k-289,999 5 1 60.24
290k-309,999 2 2 12
310k-329,999 2 2 12
330k-349,999 1 0 No Sale To Date
350k-399,999 8 1 96.39
400k-499,999 2 0 No Sale To Date
550k-15mill 9 0 No Sale To Date
0 Comments
Blog_tag

Polk County Land Sales December 2008

01-06-09
Craig Harding
Craig Harding: Real Estate Agent in Cleveland, TN
  • view my blog
  • Office: (423) 338-7300
  • Mobile: (423) 443-6460
  • Secondary: (423) 650-4422
Polk County Tennessee Land Sales Report - December 2008
Average List Price $195,000
Average Sold Price $115,500
Average Days On The Market (DOM) 281
Total Number Of Parcels Sold 1
Total Dollars Value Of Land Sold $115,500
Land Parcels Currently For Sale 266
Polk County Tennessee Land Sales Report - December 2007
Average List Price $32,900
Average Sold Price $32,500
Average Says On The Market (DOM) 72
Total Number Of Parcels Sold 1
Total Dollar Value Of Land Sold $32,500
Summary: This is a good report as December is traditionally dismal in Polk County land sales. While the green arrows are all positive it is hardly a stellar shift in market conditions as this all comes from only one sale. What does this mean to you? Price your property very very aggressively. IF you get an offer then take it very seriously and dont counter for just anything as it is important not to miss a good opportunity. As most people know building is dead for the most part and this continues to hurt land sale big time! If you get an offer and it is anywhere close to what you can accept 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.
0 Comments
Blog_tag

Polk County Tennessee Home Sales Report December 2008

01-06-09
Craig Harding
Craig Harding: Real Estate Agent in Cleveland, TN
  • view my blog
  • Office: (423) 338-7300
  • Mobile: (423) 443-6460
  • Secondary: (423) 650-4422
Polk County Tennessee Home Sales Report - December 2008
Average List Price $82,075
Average Sold Price $83,650
Average Days On The Market (DOM) 214
Total Number Of Homes Sold 4
Total Dollars Value Of Homes Sold $334,600
Homes Currently For Sale 112
Polk County Tennessee Home Sales Report - December 2007
Average List Price $94,566
Average Sold Price $91,250
Average Says On The Market (DOM) 120
Total Number Of Homes Sold 6
Total Dollar Value Of Homes Sold $547,500
Summary: This month when compared with the same month in 2007 shows an alomst 39% decrease in the total dollars of real estate sold. If you look at it in number of homes sold it is down by 1/3. Clearly this is not a good report. Lets hope that 2009 offer some bright days. What does this mean to you? If you don't need to sell then dont! If you need to sell and you get an offer (a chance to sell) then sell now and buy in an excellent buyers market. If you are a buyer this is your chance for great selection and great price leverage! Buy but get the home you want and buy good and then if you stay in it for a few years and you should do just fine if not very well. 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
0 Comments
Blog_tag

Polk County Home Sales Report - November 2008

12-07-08
Craig Harding
Craig Harding: Real Estate Agent in Cleveland, TN
  • view my blog
  • Office: (423) 338-7300
  • Mobile: (423) 443-6460
  • Secondary: (423) 650-4422
Polk County Tennessee Home Sales Report - November 2008
Average List Price $177,340
Average Sold Price $157,890
Average Days On The Market (DOM) 169
Total Number Of Homes Sold 5
Total Dollars Value Of Homes Sold $789,450
Homes Currently For Sale 121
Polk County Tennessee Home Sales Report - November 2007
Average List Price $127,716
Average Sold Price $122,878
Average Says On The Market (DOM) 163
Total Number Of Homes Sold 6
Total Dollar Value Of Homes Sold $737,268
Summary: Good month!. Just a good solid month overall with even the red arrows just slight declines. What does this mean to you? If you get a chance to sell then sell now and buy in a good buyers market and don't risk further declines. If you are a buyer this is your chance for great selection and great price leverage! Buy but get the home you want and buy good and then if you stay in it for a few years and you should do just fine if not very well. 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
0 Comments