Chattanooga, TN
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

75

SINGLE FAMILY HOMES

Condos

5

CONDOS

Townhouses

12

TOWNHOUSES

MEANWHILE...

152

HOMES LISTED

8
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$160k
$5k
$131k$157k$183kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
14Homes
1-3
MONTHS
43Homes
OVER
3 MONTHS
45Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

77
DAYS
8%
6369748085NovOctSepAugJulJun

And finally...What's the hottest street in

Chattanooga

stringers ridge rd

For November 2016, Chattanooga, TN has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Chattanooga, TN was 956 and 102 homes were sold.