Real Estate Market Update November 2018

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A blessed Thanksgiving to everyone! Below is October’s housing stats according to the Chandler Reports, the most trusted source in real estate, shares with you the latest installment of the “Middle TN Real Estate Report”, a monthly publication to keep you informed of local market trends.

Sumner County
Home sales were up 8% in October with 433 sales recorded compared to 401 recorded in October 2017.
Average sales prices were up 8% from last October to $291,922 compared to $270,247 last year. The median price was up 2% to $259,900.
Year-to-date home sales are down 4% and average sales prices are up 5% from the same period of 2017. 
Gallatin (37066) recorded the most home sales for the month and the highest average sales price with 148 sales averaging $344,071.
35% of home sales in October were between $200,000-$299,999.