We still have a strong ‘Seller’s Market’ in Gallatin TN Real Estate. During January, 2018 – there were 73 properties sold with an average of 22 days on the market. The median list price was $287,500 with a median sales price of $285,000. This shows that homes are selling on average at 98% of their list price. There are currently 224 available homes on the market – which indicates a 3.07 month absorption rate. It remains a strong Seller’s Market in Gallatin, Tennessee. Here’s a quick look at the figures:
What Does a ‘Seller’s Market’ Mean to You?
It means that there’s not much negotiating room when you are buying! Homes sell fast when the inventory is low – and when you see a property that you want – it’s a good idea to buy it without delay!
It’s a great time to sell and get the best possible price for your property! Call us for help in making it happen…615-428-8500.
Gallatin Condo & Townhome Sales – January, 2018
There were 3 condos sold during the month of January, 2018. The average list price for these homes was $246,267 – with an average sales price of $242,467. Again, about a 98% ratio of list price to sales price! These condos sold on average in 18 days on the market, and reflects a sales price of $139,07 per s.f.
Lakefront Home Sales – January 2018
There were 3 lakefront homes closed during January. The average list price was $874,930 – with an average sales price of $807,633. This reflects a ratio of approximately 92% of list price to actual sales price. Average days on the market was 39 – with a sales price per s.f. of $183.41.
Shop Available Condos in Gallatin TN
Browse Lakefront Homes currently on the market…
Take a look at what’s happened to Gallatin TN Homes for Sale over the past 10 years…
We have prepared an in-depth guide to Buying a Home.
Previous Market Reports for Gallatin TN
Want to see the current Hendersonville Market Report?
We’re here to help you find your new home in Gallatin TN – or Hendersonville TN – or anywhere else in Middle Tennessee. Please call or contact us today. 615-428-8500.