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St. Elmo Market Report for December 2009

By
Real Estate Agent with Select Realty Professionals

Another brand spanking new report, this one for my St. Elmo neighbors.

All St. Elmo Real Estate Sales through the Chattanooga MLS

All active listings as of 1/5/09: 23

Pending or contingent listings (under contract) as of 1/5/09: 1

Residential listings closed (sold) during December 2009: 2

Number of months to sell current actives at December's sales pace: a respectable 11.5

And because everybody is a nosy neighbor, here's what actually sold in December:

DOM= Days on Market

Notice anything there? Not much sold (although it's a fairly small area without a great deal on the market) but what did sell, went awfully fast. I'm not saying that everything in St. Elmo goes that quickly but that just goes to show you that if you price it right it will go, and quickly.

Want to know more about this charming little community? Click here for a recent blog post or see what's for sale right now.

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Julia Odom enjoys long walks on the beach, debating the renovation vs. restoration question and hanging out with home inspectors.

Visit Chattanooga Real Estate News to search homes for sale or view the rest of her blog

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