Smyrna Real Estate Market Report - Rutherford, Tennessee
Smyrna, Tennessee - Rutherford
| Market Commentary Provided by Shane Powell It is a wonderful time to buy. |
| Report Date | Fall 2009 |
CONNECT WITH A LOCAL PROFESSIONAL 
Shane Powell
Crye-Leike Realtors Williamson, Tennessee 615-604-8207 SmyrnaHomes@agents.househunt.com Agent Home Page  |
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| Nearest Metro Area | Nashville | ||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 90-120 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Very tight market | ||||
| Average Home Price | $150,000 - View Graph Trend | ||||
| Best Selling Price Range | $150,000 - $199,000 | ||||
| Worst Selling Price Range | $200,000 - $249,000 | ||||
| Compared to Last Year | Down 0-5% | ||||
| Prices As % of Asking Price | 95-100% | ||||
| Multiple Offers? | No | ||||
| Greatest Activity | First Time Buyers | ||||
| Buyer Activity for the past 90 days in Smyrna is | Increasing | ||||
| Seller Activity for the past 90 days in Smyrna is | Decreasing | ||||
| Is Financing Available For Qualified Buyers in Smyrna? | Yes | ||||
| Comments on Financing For Qualified Buyers | Everyone in this market is trying to get the $8,000 tax credit and close before November 30th, 2009. | ||||
| 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 | Adelaide Park, Enon Springs, Lake Hills, Lakeside, Mason Tucker, McGwynn Springs, Mill Springs, Oak Valley, Village of Valley Green, Westfork, Burton Farms, Clarkston, Hunters Point, Lenox of Smyrna, Woodmont, Stonewood, Hidden Hills and Walden Cove | ||||
| Reason to Buy/Sell | Good economic news | ||||
| Average Sold Price | $150,000 - 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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