Murfreesboro TN Homes

Regency Park in Murfreesboro TN In A Seller's Market

Murfreesboro TN Home owners in Regency Park have reason to celebrate!  Homes in this highly sought after neighborhood are currently in a SELLER’S MARKET based on the statistics for the period of July 1, 2011 through August 31, 2011!  

 

A buyers market is said to occur when more than 7 months of inventory of homes is available in a market.  A seller’s market occurs when there is LESS than 6 months of inventory of homes in the market, and it is a neutral market with a 6 month supply.  


For the period of MARCH 9, 2011 through SEPTEMBER 9, 2011, there were 11 closed sales with an average sales price of $228,560 in Regency Park located in north Murfreesboro TN.  Regency Park is highly sought because of it's convenient location, Siegel School Zones, charming architecture, and larger lots.  Despite the doom and gloom often reported in the media, the average days for a home located in Regency Park to be on market was ONLY 53!  


Regency Park Home Sales Statistics Murfreesboro

For the period of July 1, 2011 through August 31, 2011, there were 5 active listings and 4 sold listings.  This calculates to 3.75 months (LESS THAN FOUR MONTHS!) worth of inventory for the given market.  Since a seller’s market occurs with less than 6 months of inventory, this puts home owners in Regency Park in a definite seller’s market!  

 

If you live in Regency Park or any other area in Murfreesboro TN and would like a custom market analysis done for YOUR home, please contact me at 615-566-3789.  The real estate market is local and can even vary by street and subdivision!  Get the facts before buying or selling your home.  From staging to sold, I’m here to help you get top dollar for your home or assist you in purchasing your next new home! 


You can search all the homes listed in the MLS with my free IDX home search available at SoldonTN.com or SellMurfreesboroTNhomes.com.

FIND ME ONLINE:

FACEBOOKLINKED INTWITTER

home search

Please visit:  SOLDONTN &  SherriWellborn.com 

Sherri Wellborn, Keller Williams Realty

Reliant Realty

640 Broadmor Blvd
Murfreesboro, TN 37129

615-566-3789 CELL

615-225-9600 Office

Comment balloon 1 commentSherri Wellborn • September 09 2011 02:00PM
Regency Park in Murfreesboro TN In A Seller's Market
share
Murfreesboro TN Home owners in Regency Park have reason to celebrate! Homes in this highly sought after neighborhood are currently in a SELLER’S MARKET based on the statistics for the period of July 1, 2011 through August 31, 2011! … more
Murfreesboro TN Rutherford County Courthouse - Civil War & The…
share
The Rutherford County Court House in Murfreesboro, TN was founded in 1803 and completed in 1859. This stunning piece of architecture is one of only six pre-Civil War court houses that remains standing in Tennessee. The court house has been… more
MORTGAGE INTEREST RATES DOWN FOR THE WEEK ENDING SEPTEMBER 2, 2011…
share
I was so impressed with this blog written by Lenn Harley. Her chart makes it so easy to see the historic mortgage interrest rates and why now is an amazing time to purchase a home! Home values are more affordable in Murfreesboro TN than… more
Murfreesboro TN Home in Siegel High School Zone in Slight Seller's…
share
Murfreesboro TN Homes in Slight Seller’s Market! The real estate market is local! Sellers in portions of north Murfreesboro are currently experiencing a slight seller’s market! Despite all the negative news you hear from the media,… more
Murfreesboro TN Greenway GATEWAY CHALLENGE - Walk 30, 40 or 50 days…
share
Murfreesboro TN has an impressive Greenway system that consists of approximately 12 miles of trails for residents to enjoy. The Murfreesboro Parks and Recreation Department has kicked off their Gateway Challenge to encourage residents to get out… more
Murfreesboro TN Has A Secret! The Liquidation Outlet is Awesome for…
share
Murfreesboro TN has a secret that needs to be exposed! It is the Liquidation Outlet at 1020 W. College Street, which is directly behind Demos’ Restaurant. I love to bargain hunt and this is one of my favorite places to score a deal!… more
Murfreesboro TN - Good News Home Sales Market Statisitcs Jan - July…
share
Murfreesboro TN homes statistics for January through July 2011 are definitely showing that our housing market is in recovery! The number of homes pended continued to rise along with the number of homes closed. More importantly, the list price has… more
Murfreesboro TN THE RESERVE - Community Tour and Custom Homes for Sale
share
The Reserve in Murfreesboro TN, is one of the most luxurious places to call home. This community of custom built homes for sell in Murfreesboro, is quietly tucked away in the north side of Murfreesboro and is just minutes to I24 and 840, shopping… more
Shelbyville TN - Tennessee Walking Horse National Celebration 2011
share
TENNESSEE WALKING HORSE NATIONAL CELEBRATION! It's that time of year again! The Tennessee Walking Horse National Celebration takes place at the Calsonic Arena in Shelbyvlle Aug 24 - Sept 3, 2011. Shelbyville TN is known as The Walking… more
7 Things EVERY BUYERS Needs To Know About FHA LOANS!
share
More and more home buyers are turning to FHA loans as the means to finance their new home. Here are seven things that Murfreesboro TN home buyers need to know about FHA loans! Murfreesboro TN homes are more affordable now than they have been in… more