Home Sales in Tansi, does it affect your home value?

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Yes, the value of your home is affected by the sales around you. Your homes appraisal value is effect by recent sales. Well things are looking up, the more homes that sell the more your home goes up in value.

 

  Property sales In Lake Tansi in 2013

             Sold Volume   Avg Sale price     Average Days On Market

DEC-        395,000            $197,500                   146

Nov -       $1,560,988         $156,099                  134

Oct -        $1,540,000        $140,000                 256

Sep -        $1,084,500        $108,450                  103

Aug -        $2,752,650       $161,921                     144

Jul -          $643,400          $91,900                    385

Jun -       $1,262,400         $157,800                   349

May -       $700,800          $116,800                    229

Apr -        $859,400         $171,880                     72

Mar -       $546,900           $109,380                    163

Feb -       $942,400           $117,800                     201

Jan -       $356,000            $118,667                    107

 

The overview of the Real Estate Market in Tansi for the past few years shows the housing bubble did affect the market here.  A large part of the home buyers in Tanis are people moving here from other states. So the market in other states did hurt us here.  But as the numbers below show we are heading back up again.

Year         homes sold

2006…………146

2007…………117

2008………….96

2009………….83

2010………….67

2011………….52

2012………….84

2013………….92

  

These numbers from the Knoxville association of REALTORS MLS.and Barbara Ely, Broker, 931-248-1116 Principle Broker at RE/MAX Premier Choice 126, 931-456-456-4484.  Need help with real estate go to My Web Site

 

Posted on January 11, 2014 .