For the month of November 2008, there were 33 residential single family home sales in Smyrna, TN. These sales prices ranged from $77,000 to $353,000. The average days on market were 75 days from listing to actual sale. The median home price was $151,689. There were only two recorded condominium sales for the same time period. Each unit sold for approximately $104,000 with an average of 72 days on market. All of these figures are based upon numbers provided by the Middle Tennessee Regional MLS. Of these 33 residential sales, nine of the homes were listed as foreclosures. One additional home was listed as a short-sale property.

There are currently 321 single family homes on the market in Smyrna, TN. At a sales rate of 33 sales per month, this equals to a nearly 10 months supply of homes. There are currently 33 condominiums on the market in Smyrna, TN. At a sales rate of 2 sales per month, this equals to a 16.5 months supply of condominiums.

This is clearly a buyer's market in Smyrna, TN.  If you are interested in purchasing a home in Smyrna or any of the surrounding middle TN neighborhoods, and you want to work with a local area expert, contact Rhonda@RealtyWorldNashville.com at your convenience.