Jefferson County Real Estate Market Report - Jefferson, Tennessee
Jefferson County, Tennessee - Jefferson
| Market Commentary Provided by Denis Savard CNHS CRS E-Pro Now is an exceptional time to buy a home in Jefferson County. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 865-368-2390 |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Denis Savard CNHS CRS E-Pro
RE/MAX Between the Lakes Dandridge, Tennessee 865-368-2390 dasavard@earthlink.net Agent Home Page  |
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| Nearest Metro Area | Jefferson County | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | More than 120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Inventory Comments | Good supply of all price points are available | ||||
| Average Home Price | $175,000 - View Graph Trend | ||||
| Best Selling Price Range | $150,000 - $199,000 | ||||
| Worst Selling Price Range | $350,000 - $399,000 | ||||
| Compared to Last Year | Down 10-15% | ||||
| Prices As % of Asking Price | 90-95% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Jefferson County is | Increasing | ||||
| Seller Activity for the past 90 days in Jefferson County is | Increasing | ||||
| Is Financing Available For Qualified Buyers in Jefferson County? | Yes | ||||
| Existing Home Prices for the past 90 days are | No Change | ||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 5-10% | ||||
| Housing Hot Spots | Lakefront or Lakeview homes and land | ||||
| Reason to Buy/Sell | Population Growth | ||||
| Average Sold Price | $175,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
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