Gallatin & Hendersonville TN Real Estate MarketReportPicHville Hendersonville TN Real Estate Market Report January 2018    It remains a strong ‘Seller’s Market’ in Hendersonville TN Real Estate!  During January, 2018 – there were 64 properties closed with an average of 22 days on the market.  The median list price was $302,200 – and the medial sales price was $306,838….which reflects a 1.01% ratio of list price to sales price.  There are currently 183 homes available for sale – which tells us that there is less than a 3 months absorption rate.  Here’s a quick look at these figures:Gallatin & Hendersonville TN Real Estate MarketReportHjanuary Hendersonville TN Real Estate Market Report January 2018

What Does a ‘Seller’s Market’ Mean to You?

If you are a Buyer, it means that you don’t have many properties to choose from.  The inventory is low and available homes sell quickly!  If you are looking, be prepared with your pre-approval letter – and don’t hesitate once you find a home that will suit your needs.

If you are a Seller – it means that your property should sell quickly and for a good price!  If you are considering selling your home, this would be a great time.  Don’t wait until the market turns and then expect to get top dollar.

 

 

Hendersonville Condo Sales

There were 3 condos closed during January, 2018.  The average list price was $128,967 and average sold price was $122,300.  This reflects condos selling at an average of 95% of their list price.  The average price per sq. ft. was $114.58 with 28 days on the market.

 

Hendersonville Lakefront Sales

There were 2 Lakefront Property sales in January.  The average list price was $1,249,450 with the average sales price being $1,105,000.  These lakefront homes sold at an average of 88% of their list price.  With 114 days on the market, the average sales price per sq. ft. was $233.14.

Shop Condos Currently for Sale in Hendersonville

Shop Lakefront Homes for Sale in Hendersonville

 

Take a Look at What The Real Estate Market has done for the Past 10 Years in Hendersonville and Gallatin:

Gallatin & Hendersonville TN Real Estate GallHend-Comparison-10-yr Hendersonville TN Real Estate Market Report January 2018
Gallatin and Hendersonville sales run very close in price!

Need in-depth information on How to Buy a Home?

Previous Market Reports for Hendersonville

August, 2017

September, 2017

October, 2017

November, 2017

December, 2017

Want to see the Gallatin TN Market Report for January 2018?

We’re here to help you find your dream home!  Call or contact us today – we look forward to hearing from you!