Lake Forest Estates Lavergne TN Feb 2016 Market Report
Lake Forest Estates is one of the hottest selling neighborhoods in middle TN. In the month of February 2016, there were 19 residential sales in Lake Forest. It is a seller's market as demand is far outpacing supply. The median sales price per square foot was $92.19 with a sales price of $145,000. The average sales time was 57 days on the market from listing to closing. Property values are up 15% since 2015. As of March 3, 2016 there are only 3 properties available in Lake Forest. That's 3 properties available for sale out of a 6,000 home subdivision. Sellers often times have multiple offers on their Lake Forest Estates homes within the first week of listing the home for sale. This is the best seller's market in Lavergne and Lake Forest in the last 10 years.
Now is the time to sell your Lake Forest home for the most money possible. With the extremely low interest rates, there are many more buyers looking for Lake Forest Estates homes to buy than there are for sale. 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. You have equity in your Lake Forest home. 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 Lake Forest Estates home can sell for right now.
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