TN July Home Sales Move Up, Median Price Continues Steady Rise, Active Listings Increase

Wednesday, August 21, 2019

There were 11,028 single-family home closings in Tennessee in July 2019, up +9.4 percent from 10,081 a year earlier, while the median price rose steadily and active listings jumped, according to data compiled by Tennessee Realtors, the state industry association; and the national association’s Realtors Property Resource.

In July the median single-family home sales price in Tennessee grew +6.8 percent (from $220,000 to $235,000), while active listings reached 66,447 (up +30.9 percent from 50,727). 

Meanwhile, Tennessee condominium sales in July were relatively flat from year to year (266 closings vs. 252); the median condo price rose +17.7 percent ($145,450 to $171,125); and active condo listings decreased -28 percent (864 to 621).

For more interactive data and details, please click here

 


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As the summer is drawing to a close, multiple opposing factors and trends are competing to define the direction of the real estate market. After the Federal Reserve lowered its benchmark interest ... (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)

Capital One announced on Tuesday that it has provided Freddie Mac loans totaling $31 million for the acquisition of two Chattanooga apartment communities, the 200-unit Evergreen at Hickory Valley ... (click for more)


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As the summer is drawing to a close, multiple opposing factors and trends are competing to define the direction of the real estate market. After the Federal Reserve lowered its benchmark interest rate on July 31, 30-year mortgage rates continued to decline, approaching all-time lows last seen in 2016. Yet most experts agree these reductions are unlikely to bring sufficient relief, ... (click for more)

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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)

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