Red Bank, 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

6

SINGLE FAMILY HOMES

Condos

0

CONDOS

Townhouses

1

TOWNHOUSES

MEANWHILE...

13

HOMES LISTED

1
Sold Already!

HOW MUCH DID BUYERS PAY

Sold Prices for November

HOW MUCH HOMES LISTED FOR?

Median List Prices

$130k
$4k
$108k$142k$175kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
1Homes
1-3
MONTHS
4Homes
OVER
3 MONTHS
2Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

51
DAYS
33%
4961738597NovOctSepAugJulJun

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

Red Bank

stringers ridge rd

For November 2016, Red Bank, TN has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Red Bank, TN was 71 and 7 homes were sold.