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Smyrna TN Home Sales Statistics - 2013 end of year Market Report

Smyrna TN Home Sales Statistics - 2013 end of year Market Report

Smyrna TN home sales are up in volume and median price this year!  When considering single family home sales between January and November, the median sale price is up 9.3% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the last 5 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Likewise, the sales volume for 2013 has surpassed the volume of 2008.  Also, the median Days on Market has dropped and homes are selling faster than they have in 6 years!

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Please note that real estate market conditions vary based on the specific location and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  No one wants to feel like they didn’t get a good deal!  If you are considering making a move, please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy! Visit my Real Estate Statistics Page to see market reports for other Middle TN cities.

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Below are the detailed numbers pulled from MLS to create the charts above.  Feel free to contact me if you have questions about this information.

 

Year 2006    967 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 880 1 1 $44,900 $41,500 0
AVG 1,854 3.19 2.09 $174,212 $173,920 59
MEDIAN 1,675 3 2 $159,500 $157,900 47
MAX 4,819 6 4 $649,898 $644,900 617
             
Year 2007    895 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 893 1 1 $69,900 $65,000 0
AVG 1,845 3.21 2.09 $179,286 $178,748 61
MEDIAN 1,732 3 2 $164,000 $162,752 57
MAX 5,637 7 4 $949,000 $900,000 481
             
Year 2008    570 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 720 0 1 $29,900 $18,000 0
AVG 1,776 3.11 2.02 $172,346 $169,022 87
MEDIAN 1,541 3 2 $154,398 $152,064 62
MAX 6,083 5 4 $639,900 $562,500 601
             
Year 2009    529 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 900 0 1 $24,900 $8,500 0
AVG 1,827 3.19 2.04 $167,031 $163,296 82
MEDIAN 1,604 3 2 $150,000 $148,600 69
MAX 5,065 6 5 $799,000 $740,000 669
             
Year 2010    469 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 947 0 1 $39,900 $35,000 0
AVG 1,833 3.17 2.07 $161,341 $157,091 88
MEDIAN 1,690 3 2 $149,900 $148,000 68
MAX 4,361 5 5 $560,000 $535,000 533
             
Year 2011    443 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 784 1 1 $16,900 $18,650 0
AVG 1,752 3.13 1.98 $145,992 $141,600 84
MEDIAN 1,632 3 2 $134,900 $133,000 67
MAX 4,557 6 4 $520,000 $435,000 598
             
Year 2012    602 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 896 0 0 $48,000 $40,000 0
AVG 1,801 3.15 2.02 $150,736 $147,062 81
MEDIAN 1,646 3 2 $139,900 $139,945 61
MAX 4,478 6 4 $433,000 $425,000 550
             
Year 2013    693 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 850 0 0 $48,000 $48,000 0
AVG 1,834 3.18 2.08 $163,140 $160,084 69
MEDIAN 1,778 3 2 $154,900 $152,900 54
MAX 4,603 5 4 $450,000 $430,000 556
Comment balloon 0 commentsTiffany White • December 16 2013 09:05PM
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