Gallatin & Hendersonville TN Real Estate MarketReportGallatinFeb-300x200 Gallatin TN Real Estate Market Report - February, 2018    Gallatin TN Market Report – February, 2018

The strong seller’s market continues with an absorption rate of only 2.81 months of inventory.  We currently have 222 homes for sale.  There were 79 homes sold during February with a median list price of $301,285 – and a median sales price of $301,285.  This reflects a 100% list price to sales price ratio.  And this is with an average or 37 days on the market!  Here’s a quick look at the figures:Gallatin & Hendersonville TN Real Estate MarketRptG Gallatin TN Real Estate Market Report - February, 2018

 

 

What Does a Seller’s Market Mean to You?

It means that there is a shortage of available inventory and seller’s are getting close to or at their asking price.  If you are considering selling anytime soon, now would be a good time to put your house on the market!  A seller’s market also means that if you are looking – be prepared to buy as soon as you find the home you are looking for.  A delay usually means that someone else will buy the home!  Call us for help in either buying or selling!  615-428-8500

 

 

Condo & Townhome Sales for February 2018

There were 2 condo sales in Gallatin for the month.  Median list price was $231,900 with a median sales price of $227,950.  Condos are currently selling at $145.31 per sq. ft.

 

 

Lakefront Home Sales in Gallatin

There were 2 lakefront homes closed during February 2018.  The median list price was $634,900 with a medial sales price of $606,500.  This reflects a sq.ft. price of $217.99.  Average days on the market – 142.

Shop Gallatin TN Condo Listings

 

Browse Gallatin TN Lakefront Homes for Sale

 

Take a look at the real estate market activity over the past 10 years in Gallatin…

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

See our FREE guide to buying a home in Gallatin

Interested in past market reports?

September, 2017

October, 2017

November, 2017

December, 2017

January, 2018

Want to see the market report for Hendersonville?

We’re here to help you find the home of your dreams or answer any questions you have. We want to hear from you, so please contact us or call –  615-428-8500