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Winter 2012 Market Update
Damon Price : As a resident of the Murfreesboro area, it only makes sense that Damon understands all of the intricacies of what makes each neighborhood special. Serving the Murfreesboro and Rutherford County areas, Damon prides himself on his integrity and honesty, his consistent ability to be respectful of all his clients’ situations, and his dedication to hard work.
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| Average Home Price | $175,000 - View Graph Trend |
| Average Price Compared to Last Year | No Change |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $100,000 - $149,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Murfreesboro is | Increasing |
| Seller Activity for the past 90 days in Murfreesboro is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | it all depends on the price and the house. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | First Time Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Nashville |
| Housing Hot Spots | Colonial style single-family homes, estates and townhouses make up the real estate in Murfreesboro. In addition to appreciating their town’s fast-paced present and working toward the future, Murfreesboro residents remember the past. The city was the site of the Civil War Battle of Stone’s River and was the state capital from 1819 to 1826. Today, Murfreesboro remains the county seat. The town provides a traditional, small-town environment well suited for family life and comes complete with a bustling public square, as well as many of the amenities of a large city. |
| Average Sold Price | $175,000 - View Graph Trend |
Murfreesboro Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Damon Price
615-904-4138
Request More Information Let me answer your questions!
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Blog Archives
Mortgage Rates
– Feb 13th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.61%
15 yr. jumbo rate: 3.97%
Home Values
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Request More Information Let me answer your questions! Ask Me!
Damon Price
Reliant Realty, LLC
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 615-904-4138
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