Home Sales in Sparta Increase in February 2014

Home Sales in Sparta Increase in February 2014

Home Sales in Sparta Increase in February 2014

As temperatures began to rise, home buyers decided to brave the weather and search for a home of their own in Sparta. Cold weather makes us all want to snuggle in front of the fireplace, and some went searching for a home with one! The Upper Cumberland saw an increase in home sales at 8.5% this year compared to last year. The strongest market was in Cookeville, with Sparta coming in second place. As the report shows, first time buyers influenced the number of sales. Let's take a look at the report showing number of homes sold and the number of homes available for sale in Sparta, TN.

Home Sales in Sparta TN February 2104 by price category:

Below $100K: 9 homes sold, and there are currently 65 homes for sale in Sparta TN in this price range.

$100,001- $200K: 6 homes sold, and there are currently 65 homes for sale in Sparta TN in  this price range.

$200,001-$300K: 2 homes sold, and there are currently 25 homes for sale in Sparta TN in  this price range.

$300,001-$400k: 1 home sold, and there are currently 11 homes for sale in Sparta TN  in this price range.

$400,001-$500K: 0 homes sold, and there are currently 4 homes for sale in Sparta TN  in this price range.

$500K and higher: 0 homes sold, and there are currently 12 homes for sale in Sparta TN in this price range.

Homes for Sale in Sparta TN saw the strongest activity in the $100K or less price category, followed by the $200K or less category. These price ranges are usually dominated by the first time home buyers. Move -up buyers wait until late spring or early summer months to purchase and make their moves, once schools are out for vacation. Look for stronger activity in the higher price categories in May. Now is a great time to list your Sparta TN home as the busy spring home buying season begins again!