Selling a home in Hermitage TN under current market conditions may seem to be a challenging proposition, but they sell every day! In fact, homes priced under $200,000 have been selling at a pace of 1.5 per day, seven days a week. At this pace, we have an 90 day inventory of available homes.
The average number of days on the market for active mls listings under $200,000 is 89 days. The average number of days on the market for sales closed since August 1st is only 84 days.
For you the homeowner, the market has no doubt changed dramatically from when you purchased. Today's sellers have owned their homes for an average of 7 years. That was 2003. Today's market is extremely different and being successful in selling your home is also extremely different. Strategies that worked best just one year ago now hinder sales. Last years "state of the art" technology is now considered obsolete.
If you plan to sell or have tried unsuccessfully, please do not give up, the market is too good. If you would like free information on the latest strategies to a successful sale please send me an e-mail or give me a call at 615-394-1823. I am a real estate agent. I live in Hermitage and I'm glad to share with no strings attached.
Verlyn Steward - Prudential Woodmont Realty