This is the November 2011 Market Report for Fairfield Glade TN lots. The information came straight from the KAAR MLS System from November 1, 2011 to November 30, 2011.
The number of lots sold in Fairfield Glade in November 2011 were 3. The average days in the market was 12.3 days. I do not know about you but that is an impressive statistic to me. The average time is less than 2 weeks that a listing was on the market. In November 2010, the number of lots sold was 6 and the average days on the market was 14
3.8 days. That is a big difference. 2010's average days on the market and that was reduced to 12.3 days in 2011. That is a great sign of success. The average price from that month did drop from 2010 to 2011. In 2011, the average price was $7,466.67 and in November 2010, the average price of a Fairfield Glade lot was $21,050. Many times, buyers might but a piece of land for membership purposes. If you are to buy a lot in Fairfield Glade TN, you get to experience the membership of the Glade and experience the amenities that Fairfield Glade Resort offers.
One should know that Fairfield Glade has lots that are what we call "membership lots." This means that the lot is located in an area of Fairfield Glade that does not have sewer in most cases, these are lots that are unbuildable and are good at the present time for membership privledges. Membership means golf and all the other amenities at "unbelievable" prices! The average days on the market of Fairfield Glade lots has improved.
In November 2011, there were a total of 695 active lots on our local Multiple Listing System. That is a large number and that helps to show that people are for one reason or another placing their lots on the market. The market report of Fairfield Glade TN is a sign for better times. The property entails over 12,000 acres of pristine Tennessee land and you'll find almost every lot is unique in character and charm.
If you are thinking of buying or selling a lot in Fairfield Glade TN, let us see how we can help you too by calling Choice Realty at our Fairfield Glade office at (931) 456-4484. We would love to hear from you and help you find a Fairfield Glade lot that works best for you.
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