Market Report for West Lavergne TN - February 2016

Real Estate Broker/Owner with Southern Living Realty Partners TN Lic# 266926

West Lavergne Market Report Feb 2016

Residential Market Report for West Lavergne TN Feb 2016

There were only 9 residential sales in West LaVergne TN in February. The West Lavergne Market contains all of the neighborhoods on the west side of I-24 such as Cedar GroveWoodland Hills, and Pinnacle Point. The 9 sales are down from 16 sales a year ago in 2015 but the sales price per square foot is up. The median sales price per square foot was $99.66 with a median sales price of $155,500. Homes sold on average after 44 days on the market. Sales prices are up 9% from this time last year. As of March 3, 2016; it is an extreme seller's market with only 2 properties available under $200k in West Lavergne without a contract in place. There are currently 14 properties for sale with a contract in place or a pending closing.

For homeowners, now is the time to sell your Lavergne home for the most money possible. Many properties are selling during the first week of the listing. With interest rates at record lows, there are a lot of buyers looking for Lavergne homes to buy right now. Don’t miss out on this opportunity to get the most money out of your house. If you are looking to move-up to a larger home or downsize, now is the time to sell. The market has rebounded substantially and your Lavergne home is highly sought after. Investors and cash buyers will only offer you pennies on the dollar while promising you a quick sale and closing. You can get the full market value price for your house in days – don’t fall for the discounted price. Call Rhonda at 615-554-0832 and let her show you how much your can sell for right now.

Posted by

Southern Living Realty Partners Logo

Rhonda Burgess, Broker



Comments (0)