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CategoriesLatest in BlogVLSI ESL
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My Blog
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Cedar Bluff Homes Report 4th Quarter 2008 |
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Cedar Bluff Homes - Market Update For Residential Single
Family Homes
Cedar Bluff Real
Estate Market Trends Report
4th Quarter
2008 Cedar Bluff Home Market Statistics
Closed Units
- Number
of Units Sold - 60 units
- Average
Original List Price - $196,721
- Average
List Price - $191,418
- Average
Closing Price - $185,752
- Average
List To Sell Ratio - 97%
- Average
# SF - 2,116
- Average
Market Time - 98 days on market (DOM)
Expired Units That Failed To Sell
- Number
of Units Expired - 44 units
- Average
Original List Price - $240,127
- Average
List Price - $232,625
- Average
# SF - 2,500
- Average
Market Time - 165 days on market (DOM)
Previous Quarter Cedar
Bluff Home Market Statistics
Closed Units
- Number
of Units Sold - 114 units
- Average
Original List Price - $203,462
- Average
List Price - $198,561
- Average
Closing Price - $192,970
- Average
List To Sell Ratio - 97.2%
- Average
# SF - 2,114
- Average
Market Time - 95 days on market (DOM)
Expired Units That Failed To Sell
- Number
of Units Expired - 25 units
- Average
Original List Price - $232,424
- Average
List Price - $226,776
- Average
# SF - 2,401
- Average
Market Time - 186 days on market (DOM)
Same Quarter Last
Year Cedar Bluff Home Market Statistics
Closed Units
- Number
of Units Sold - 103 units
- Average
Original List Price - $200,652
- Average
List Price - $197,800
- Average
Closing Price - $193,353
- Average
List To Sell Ratio - 97.8%
- Average
# SF - 2,128
- Average
Market Time - 76 days on market (DOM)
Expired Units That Failed To Sell
- Number
of Units Expired - 26 units
- Average
Original List Price - $246,885
- Average
List Price - $241,727
- Average
# SF - 2,384
- Average
Market Time - 145 days on market (DOM)
Feel free to
contact me with any of your real estate and mortgage questions and I will be
more than glad to answer your queries. Call me on my cell at 865-310-0636 or
send me an email.
This real estate market update is for single family homes in
the Cedar Bluff Market Area and does not include condos. Information deemed
reliable, but not guaranteed.
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Cedar Bluff Government Owned Home Buyers Incentive |
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Owning your own home in Cedar Bluff may be easier and more affordable
than you think. Through a limitied time offer, certain government owned
homes will pay up to 3.5% of the purchase price in closing costs.
Wow,
savings on closing costs up to 3.5% really adds up and these savings
can help you pay for painting, new carpet, new furniture, moving
expenses, you name it.
To qualify for this great money-saving offer, give us a call or submit
the quick online form at the bottom of the page and we'll send you a
free list of the Cedar Bluff government owned homes in your area that qualify
for this great program.
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Read more...
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10/27/08 Cedar Bluff 3rd Quarter Home Sales Trend |
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Cedar Bluff Quarterly Report
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3rd
Quarter 2008
List Price
Range
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#
Units
Sold
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Average
Closing
Price
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Avg
DOM
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Average
List
Price
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Average
Original
List
Price
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$80,000 - $89,999
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1
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$72,000
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95
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$89,950
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$108,900
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$90,000 - $99,999
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1
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$97,100
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181
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$94,000
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$126,900
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$100,000 - $124,999
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6
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$114,695
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58
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$115,083
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$115,083
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$125,000 - $149,999
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17
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$137,241
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91
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$139,532
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$145,215
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$150,000 - $199,999
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46
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$173,978
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75
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$177,379
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$182,180
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$200,000 - $249,999
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23
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$216,989
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83
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$222,215
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$224,789
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$250,000 - $299,999
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12
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$260,958
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198
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$271,489
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$281,085
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$300,000 - $349,999
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4
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$322,744
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118
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$334,600
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$335,850
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$350,000 - $399,999
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1
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$376,700
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276
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$388,000
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$398,000
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$400,000 - $499,999
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1
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$427,820
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53
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$419,900
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$419,900
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$500,000 - $749,999
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1
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$420,000
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71
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$545,000
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$545,000
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Averages/Totals
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113
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$193,196
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95
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$198,815
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$203,759
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Previous Quarter's Statistics
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2nd
Quarter 2008
List Price
Range
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#
Units
Sold
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Average
Closing
Price
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Avg
DOM
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Average
List
Price
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Average
Original
List
Price
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$70,000 - $79,999
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1
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$75,000
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11
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$79,450
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$79,450
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$90,000 - $99,999
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1
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$89,000
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38
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$94,900
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$94,900
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$100,000 - $124,999
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4
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$112,100
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39
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$112,900
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$114,150
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$125,000 - $149,999
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21
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$134,410
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75
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$139,143
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$142,548
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$150,000 - $199,999
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52
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$175,628
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74
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$178,967
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$180,838
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$200,000 - $249,999
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32
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$219,862
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94
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$225,690
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$229,047
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$250,000 - $299,999
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7
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$264,803
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165
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$270,486
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$272,700
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$300,000 - $349,999
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2
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$329,500
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18
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$339,950
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$339,950
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$350,000 - $399,999
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2
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$374,950
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80
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$377,400
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$382,400
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$400,000 - $499,999
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1
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$410,000
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36
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$424,900
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$474,900
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Averages/Totals
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123
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$189,234
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82
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$193,735
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$196,635
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Same Quarter Last Year Statistics
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3rd
Quarter 2007
List Price
Range
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#
Units
Sold
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Average
Closing
Price
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Avg
DOM
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Average
List
Price
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Average
Original
List
Price
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$10,000 - $19,999
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1
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$19,950
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12
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$19,900
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$19,900
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$70,000 - $79,999
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1
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$60,750
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21
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$70,200
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$106,300
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$80,000 - $89,999
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1
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$89,250
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7
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$83,500
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$83,500
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$90,000 - $99,999
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2
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$91,688
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34
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$97,200
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$97,200
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$100,000 - $124,999
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10
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$116,625
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58
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$118,883
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$120,833
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$125,000 - $149,999
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21
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$138,150
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72
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$139,728
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$141,924
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$150,000 - $199,999
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56
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$174,346
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66
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$177,250
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$181,021
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$200,000 - $249,999
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42
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$221,410
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93
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$225,114
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$225,193
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$250,000 - $299,999
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9
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$268,078
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64
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$272,133
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$272,133
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$300,000 - $349,999
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3
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$325,967
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29
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$330,600
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$335,600
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$350,000 - $399,999
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1
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$350,500
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35
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$359,900
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$369,900
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Averages/Totals
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147
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$185,200
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72
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$188,251
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$190,571
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Read more...
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So You're Looking for Cedar Bluff Short Sales
You will likely come
across dozens of Cedar Bluff properties in foreclosure with little or no equity,
that is, the seller owes at close to or more than the property is
worth. In these situations, lenders are sometimes willing to accept
less than the full amount due, commonly referred to a “short pay” or
“short sale.”
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Read more...
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Get Access to the Absolute Best Buys in Cedar Bluff
When you are buying a home, having current and accurate knowledge of homes are listed for is important. Our best buy service enables you to get priority access to the hottest new listings so you can beat out other buyers and negotiate to get the most home for the least amount of money.
Here is how it works.
Every week we research all new Listings from
every real estate company, all For Sale By Owners, Foreclosures,
Builder closeouts and Bank Owned Properties and find the "3" absolute
best buys for the dollar in the areas mentioned above in 3 different
price ranges. We thouroughly review each and every one of these homes
and print out a "hotlist" which we provide as a public service, free of charge, and without obligation.
If you are considering buying a home within the next 90 days in one of
these areas your should definitely register to receive your free list of the "www.LivingInCedarBluff.com Best Buys" in your specific price range and desired location.
The Best Buys "hotlist" service will help you identify the "three-best-buys" on the market right now that match YOUR
requirements. Remember, this is a FREE service that will save
you time and the hassle of running around looking for properties like
these.
Simply fill out the form below and click on the "Submit" button.
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