I wanted to pass along some brief market updates for Real Estate in the Chattanooga, TN area. These figures compare 2006 & 2007. The figures show a bit of a decline in sales and an increase in invetory in 2007. These figures reflect the amount of inventory that has come from foreclosures. Please note! Homes are still selling and buyers are still buying. If a home is in good condition, staged right and most of all PRICED right, it will sell. Please visit my website, www.LivingChattanooga.com
2006 2007
Total Sales 8176 7306
Avg.Sales Price $ 167,391 $ 167,119
Avg. Days on Market 107.3 112.2
Currenty Inventory 5,130 6,052
Please email me or call me if I can help you or any of your friends and family with Real Estate needs.
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