Last month Middle TN home sales were up 22% and average home sale prices 12.5% higher than the same month last year. According to the Tennessean, new home inventory levels are the lowest they've been since 2007. Tennessean Story
So what exactly does this mean?
The Middle TN real estate market has quickly flipped from a buyers market to a sellers market. Home prices continue to rise quickly. If you considered making a move in recent years and didn't due to deflated value, now would be a great time to have a Realtor preform an updated appraisal on your property.
SOLD@WelcomeHomeMiddleTN.com
Twitter: @SoldByRyun
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