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10/27/08 - Farragut 3rd Quarter Home Sales Trend |
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Farragut Quarterly Report
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3rd
Quarter 2008
List Price
Range
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#
Units
Sold
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Average
Closing
Price
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Avg
DOM
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Average
List
Price
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Average
Original
List
Price
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$125,000-$149,999
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3
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$134,333
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42
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$142,433
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$144,100
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$150,000-$199,999
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15
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$165,973
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63
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$171,673
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$174,473
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$200,000-$249,999
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12
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$218,312
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96
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$226,754
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$238,842
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$250,000-$299,999
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10
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$270,040
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114
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$282,740
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$293,180
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$300,000-$349,999
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10
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$318,155
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130
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$330,874
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$341,134
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$350,000-$399,999
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19
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$360,735
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75
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$376,560
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$386,039
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$400,000-$499,999
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19
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$436,316
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77
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$451,579
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$458,816
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$500,000-$749,999
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15
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$610,120
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124
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$622,880
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$633,380
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$750,000-$999,999
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1
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$950,748
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156
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$969,000
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$969,000
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$1,000,000+
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3
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$1,222,500
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188
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$1,330,000
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$1,318,333
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Averages/Totals
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107
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$376,713
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95
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$391,555
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$399,397
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Previous Quarter's Statistics
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2nd
Quarter 2008
List Price
Range
|
#
Units
Sold
|
Average
Closing
Price
|
Avg
DOM
|
Average
List
Price
|
Average
Original
List
Price
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$125,000-$149,999
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2
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$141,750
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50
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$145,700
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$149,400
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$150,000-$199,999
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13
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$163,592
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50
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$170,192
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$171,392
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$200,000-$249,999
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13
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$230,392
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73
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$236,342
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$240,996
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$250,000-$299,999
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17
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$270,703
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93
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$279,584
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$282,897
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$300,000-$349,999
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15
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$314,682
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62
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$323,667
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$327,060
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$350,000-$399,999
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21
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$365,088
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68
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$375,934
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$380,269
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$400,000-$499,999
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10
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$442,140
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124
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$457,640
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$461,690
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$500,000-$749,999
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16
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$584,931
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122
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$600,900
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$600,844
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$750,000-$999,999
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1
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$725,000
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54
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$799,000
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$799,000
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$1,000,000+
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0
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$0
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0
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$0
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$0
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Averages/Totals
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108
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$341,663
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82
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$352,488
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$355,463
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Same Quarter Last Year Statistics
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3rd
Quarter 2007
List Price
Range
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#
Units
Sold
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Average
Closing
Price
|
Avg
DOM
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Average
List
Price
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Average
Original
List
Price
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$125,000-$149,999
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6
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$138,917
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85
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$142,400
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$151,050
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$150,000-$199,999
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18
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$170,883
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61
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$174,383
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$176,333
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$200,000-$249,999
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18
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$216,461
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79
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$229,072
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$234,128
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$250,000-$299,999
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18
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$270,361
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81
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$281,933
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$290,189
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$300,000-$349,999
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23
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$323,325
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67
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$330,565
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$333,083
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$350,000-$399,999
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22
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$365,293
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61
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$374,495
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$378,605
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$400,000-$499,999
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16
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$451,816
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106
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$461,331
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$468,172
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$500,000-$749,999
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13
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$576,396
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111
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$586,631
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$595,931
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$750,000-$999,999
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2
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$808,833
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62
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$846,333
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$868,833
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$1,000,000+
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1
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$1,243,713
|
152
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$1,350,000
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$1,350,000
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Averages/Totals
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137
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$333,786
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79
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$343,675
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$349,151
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Read more...
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So You're Looking for Farragut, TN Short Sales
You will likely come
across dozens of Farragut, TN properties in foreclosure with little or no equity,
that is, the seller owes at close to or more than the property is
worth. In these situations, lenders are sometimes willing to accept
less than the full amount due, commonly referred to a “short pay” or
“short sale.”
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Read more...
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Searching For Your Next Investment in Farragut, TN ?
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