Hermitage TN Housing Stats for December 2009

By
Real Estate Broker/Owner with Liberty House Realty LLC

Hermitage Tennessee Housing Statistic Report

January 10, 2010

For December 1 - 31, 2009

 

  Closed  35 Properties Found

  

Square Feet

Bedrooms

Full Baths

Half Baths

List Price

Sales Price

Days on Market

MIN

1,124

3

1

0

$57,900

$55,000

0

AVG

2,157

3.43

2.09

0.6

$192,503

$187,956

68

MEDIAN

2,025

3

2

1

$189,900

$175,000

54

MAX

3,856

5

3

1

$399,985

$399,985

327

 Of these 35 homes, they accounted for $6,737,627 in listings and 6,578,475 in closings for a 98% List to Sale Ratio. In other words, In Hermitage, homeowners are getting 98% of their list price on average.

 10 out of the 35 or 28.57% of the homes sold were Foreclosures or Short. To look at this another way, that means, Hermitage had closed $1,879,470.31in default homes in December '09, almost a third of the closings were distressed homes.

 The lowest sale was $55,000.00 MLS # 1118224 located at 405 Rockwood Dr.

The highest sale was $399,985.00 MLS # 1095196 located at 4721 Medalist Circle Lot 111.

 The subdivisions Hermitage Hills and Hermitage Meadows had the most closings with 3 each.

close

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Rainer
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Liberty House Realty LLC

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