Murfreesboro Real Estate Market Conditions & Reports, Murfreesboro Market Trends, Tennessee

Market Commentary Provided by Damon Price
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.

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Damon Price
Hodges & Foshee Realty
Brentwood, Tennessee
615-904-4138
damonprice@realtracs.com
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

90-120 days

Market Trend

Increasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$175,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Murfreesboro is

Seller Activity for the past 90 days in Murfreesboro is

Is Financing Available For Qualified Buyers in Murfreesboro?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

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.

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.

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