Tennessee Home Sales Tick Up, Median Price Keeps Rising, Available Properties Decline

Tuesday, July 9, 2019

There were 8,057 single-family home closings in Tennessee in June, down four percent from a year earlier, while the median price rose and available homes tightened, according to data compiled by Tennessee Realtors, the state industry association.

 

Single-family home sales slipped from 8,392 closings to 8,057, the median price grew 8.1 percent ($235,000 to $254,000), and available inventory was down 18 percent (24,027 to 19,693 properties).

 

Meanwhile, Tennessee condominium sales were down 12.4 percent (315 closings to 276), while the median condo price rose 16.9 percent ($154,000 to $180,000), and condo inventory fell 35 percent (916 to 594) over June 2018.

 

For the second quarter of 2019 (April-May-June), home sales rose 2.1  percent (23,578 to 24,064), and the median price increased seven percent ($228,500 to $244,500).

Condo sales slipped 2.6 percent (891 to 868), and the median condo price rose 9.4 percent ($156,531 to $171,250).


Real Estate Transfers For Sept. 17-23

Brandi Pearl Thompson: Realtor Safety Month - Cyber Security

Real Estate Transfers For Sept. 10-16


NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding ... (click for more)

For the last few months, when thinking about danger, we’ve rightly been focused on an invisible virus. “Safety” has meant staying away from others, wearing a mask, and washing our hands. When ... (click for more)

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding ... (click for more)



Real Estate

Real Estate Transfers For Sept. 17-23

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) in ... (click for more)

Brandi Pearl Thompson: Realtor Safety Month - Cyber Security

For the last few months, when thinking about danger, we’ve rightly been focused on an invisible virus. “Safety” has meant staying away from others, wearing a mask, and washing our hands. When working with the public, as Realtors® do, physical violence has usually been front of mind when talking about safety. While physical safety obviously remains important, electronic/cybercrimes ... (click for more)

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