Market Report for East Lavergne TN - February 2016

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

Market Report for East Lavergne TN Feb 16

Residential Market Report for East Lavergne TN Feb 2016

There were 29 residential sales in East LaVergne TN in February.  The East Lavergne Market contains all of the neighborhoods on the east side of I-24 such as Heritage ValleyLake Forest Estates, and Madison Square.  This is an increase from 18 sales in the February of 2015. The median sales price per square foot was also up to $90.19 per square foot.  The median sales price was $140,808 with an average of 52 days on the market. Property values are up 10% from this time last year.  As of March 3, 2016 there are only 7 properties available in East Lavergne without a contract in place. Most homes for sale already have a contract in place as there are 74 properties with a contract in place or a pending closing.

Now is the time to sell your Lavergne home for the most money possible. Many properties are selling within the first few days of the listing with receiving multiple offers. With record low interest rates, there are a lot more buyers looking for Lavergne homes to buy each and every day.  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. Don't give away the equity you have in your Lavergne home.  Investors and cash buyers will only offer you 50%, 60%, or at the most 70% of your value 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 today.


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Rhonda Burgess, Broker



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