| Bradley County Tennessee Land Sales Report - March 2009 |
| Average List Price | $34,678 |  |
| Average Sold Price | $28,878 | |
| Average Days On The Market (DOM) | 127 |  |
| Total Number Of Parcels Sold | 9 | |
| Total Dollars Value Of Land Sold | $259,904 | |
| Land Parcels Currently For Sale | 500 | |
| Bradley County Tennessee Land Sales Report - March 2008 |
| Average List Price | $41,640 | |
| Average Sold Price | $38,000 | |
| Average Days On The Market (DOM) | 270 | |
| Total Number Of Parcels Sold | 15 | |
| Total Dollar Value Of Land Sold | $570,000 |
| Summary: The market for land is terrible and will continue to be that way until demand for new homes returns. The total dollars of land sold this month compared to last year for the same month is down over 54.4%. That reflects a very absent new construction market and real opportunity for builders and buyers to reposition themselves by negotiating land prices to a level that allows them to build and compete in the price range of our market today. What does this mean to you? Take any even remotely close offer you get if it is important to you to get your property sold. Craig Harding RE/MAX Rivergate in Ocoee TN 423-338-7300 *All numbers based on sales reported in RCAR for both time periods. |
Comments(0)