Community Corner??: Local Updates and Insights 12/08/23

Rutherford County Housing Market Update November 2023

Happy Friday!

?? As of November 2023, we're seeing some exciting trends in our local real estate market. ?? Let's dive into the numbers and see what they mean for buyers and sellers like you.

?? The Months Supply of Inventory currently stands at just 1.97 months. That means we have less than 2 months of available homes on the market, indicating a strong seller's market. ??? Over the past year, the Months Supply of Inventory has decreased by a significant 21.2%, showing a growing demand for homes in our area.

?? Sellers, here's some great news for you! ?? The List to Sold Price percentage is an impressive 99.3%. This means that homes are selling close to their listing price, giving you confidence in your investment and negotiating power.

?? Buyers, let's talk about time on the market. ?? The median days on market currently sits at just 34 days. This indicates that homes are selling relatively quickly, so acting fast and being prepared is key to securing your dream home.

?? Lastly, let's talk numbers! ?? The median sold price in Rutherford County is $439,000. This reflects the value and desirability of our local market, making it an attractive place to buy or sell.

?? Whether you're looking to buy or sell in Rutherford County, these market trends can provide valuable insights for your real estate journey. ?? As your dedicated REALTOR?, I'm here to guide you every step of the way. Reach out to me today for a personalized consultation!

Curious about the latest real estate trends in Smyrna, TN? ?? Click the link?to dive into my comprehensive market analysis and watch the video for an in-depth look at the current market stats! ??

#SmyrnaTN #MarketAnalysis #RutherfordCountyRealEstate #MarketUpdate #PatriciaOmishakinHomes

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Free Guide: How to Sell Your House in a Changing Market! ??

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It's the most wonderful time of the year! Are you turning your home into a festive wonderland this Christmas? Share your decorating plans and let's spread some holiday cheer! Whether it's a winter wonderland or a cozy corner, your decorations bring joy.

??Snap a pic and share your festive vibes in the comments!??