Murfreesboro TN Homes: Sherri Berry, Murfreesboro TN Homes & Real Estate (Reliant Realty, Murfreesboro)

Murfreeboro TN Homes for Sale Marketing Report & Housing Trends

National average home prices are up 18% since hitting their low in February of 2011.  Th national housing market is continuing to show increase stability in hoe prices compared to 2010.  Th economy is still giving mixed signals concerning a recovery.  The GDP and employment rates came in lower than expected.  However, consumer confidence has increased along with new home starts. 

 

Home buyers are continuing to benefit from our historical buyers market.  Home prices are extremely affordable combined with low mortgage rates making it easier for first-time home buyers or home owners in the move-up market.  Home sellers are encouraged by the increase in the market and the stability that the market has shown in prices. 

 

This graph shows national home prices since June of 2010.  Median home prices are close to the 2003 and 2004 levels but have start moving upward.  Potential homebuyers should strongly consider taking advantage of this current market which offers both historically low mortgage rates combined with home price affordability.  

 

 

The City of Murfreesboro TN is following the national trend and appears to be supporting an increase in home prices.  In July 2010 homes within the Murfreesboro TN city limits had an active list price of 219,299 and an average closed price of $180,535 with 87 days on the market.  In July 2010 the average list price actually dropped slightly however the average closed sales price increased to $185,737 and the days on market was shortened to 71.  This indicates an increase in sales price and a decrease in the number of days it take to sell. 

 

If you are thinking of buying a new Murfreesboro TN home, Brentwood TN home, or sell your current home anywhere in the Nashville TN area, please visit us online at RealEstateinMurfreesboroTN.com or SherriWellborn.com.  You can search the entire MLS with our Map Search feature that allows you pin-point the exact location of your new home!  

You can always call me at 615-566-3789!  I'd love to help you sell your current home or find a new house to call home!

 

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 2 commentsSherri Berry • August 17 2011 07:32PM
Murfreeboro TN Homes for Sale Marketing Report & Housing Trends
share
National average home prices are up 18% since hitting their low in February of 2011. Th national housing market is continuing to show increase stability in hoe prices compared to 2010. Th economy is still giving mixed signals concerning a recovery… more
Good News for REALTORS and VA Buyers: VA Funding Fee DECREASING!
share
If you are searching Murfreesboro TN homes for sell and will be using the VA Loan program, there is GREAT NEWS! The VA funding fee is decreasing dramatically! Effective October 1 2011 the lower funding fees go into place. Home prices are… more
Murfreesboro TN Dentist - Ben Jamison DDS - Keeps My Smile Healthy
share
Today is the day I take a little time to get my smile frehened up! It's time once again for my regular teeth cleaning with my long time dentist Benjamin Jamison, DDS in Murfreesboro, TN. When my family moved to Murfreesboro TN from Brentwood… more
Who Verifies Repairs After The Home Inspection?
share
There are so many pieces to the puzzle in buying a home. It is critical that home buyers work with their own designagted agent to make sure that their best interests are always protected and all the pieces are in place prior to closing! This is a… more
Sorry but you ASSUMED Wrong! I Can't Disclose that Information!…
share
We received an offer on one of our listings that was extremely low. Keeping emotions at bay, we countered with what we felt was a very reasonable counter. The buyers walked with no counter, no questions, no explanation. The offer was so low there… more
BACK TO SCHOOL IN MURFREESBORO TN - Sports Calendar - Siegel High…
share
It's back to school time for students attending Siegel High School. That also means it's football time in The Boro! The Siegel Stars will kick off their varsity season on August 19, 20111 with a home game against Franklin. Game time is at 7:30… more
Don't Take Reading & Writing Offers SO SERIOUSLY! It's JUST a…
share
I wrote a blog post this week called Before You Sign Read Every Line where I talked about the fiduciary responsibility that we have to our clients to make sure we thoroughly read the contract. We have a fiduciary responsibility to make sure that we… more
Wilson County Fair Opens - Mt. Juliet Homes & Nashville Tn Homes…
share
It's that time of year again!! The Wilson County Fair opened last night to a huge crowd. The fair runs August 12 - 20, 2011! The fair had almost 400, 000 attendants last year and it is one of the largest county fairs in the southeast United States… more
Staging For Space - Get your Murfreesboro TN Home or Brentwood Tn…
share
Staging your home can make yor home sell quicker and for more money. There are many elements of staging and different levels of staging. Sometimes all your home needs is a minor tweaking to get it Staged to Sell fast and for top dollar! Staging… more
Hey Braydon Nichols Your Dad's Death Is Not Being Ignored.
share
The blog post touchned my heart and I wanted to share it through reblogging. Our service men and women sacrifice so much so that we can live in a free county. We wake up every day with the freedom to go where we want, live how we want, and believe… more