Chattanooga Hamilton County Planning Commission Agenda
The Chattanooga Hamilton County Planning Commission released their agenda for the March 12th meeting. The meeting will be 1 pm at the county courthouse.
Archive for March, 2007
Mortgage Rates–3-5-2007
Interest rates compliments of:
Owens Financial Group
Melanie Huddleston
1007 Ashland Terrace
Suite 104B
Chattanooga, TN 37415
423-648-7630
Conventional Fixed Rate
30 yr = 5.875%
15 yr = 5.5%
FHA and VA
30 yr = 5.875%
ARMS
3/1 = 5.25%
5/1 = 5.375%
Rates subject to change
February Residential Chattanooga MLS Stats
The number of available Chattanooga MLS listed homes on the market is up a little however so was the number of sales in February. Days on market continues to be in the triple digits.
Sales and Inventory History
Category - Residential
|
Month |
Year |
# Sales |
|
Avg Sale $ |
Avg DOM |
Curr Inventory |
Months Inventory |
|
January |
2006 |
455 |
|
$157,877 |
89.0 |
4326 |
9.51 |
|
February |
2006 |
594 |
|
$158,211 |
97.0 |
4431 |
7.46 |
|
March |
2006 |
743 |
|
$150,882 |
96.0 |
4617 |
6.21 |
|
April |
2006 |
706 |
|
$162,716 |
93.0 |
4784 |
6.78 |
|
May |
2006 |
793 |
|
$177,034 |
63.0 |
4962 |
6.26 |
|
June |
2006 |
864 |
|
$177,007 |
65.0 |
5060 |
5.86 |
|
July |
2006 |
773 |
|
$184,114 |
89.0 |
5224 |
6.76 |
|
August |
2006 |
788 |
|
$162,676 |
90.0 |
5414 |
6.87 |
|
September |
2006 |
604 |
|
$155,525 |
65.0 |
5516 |
9.13 |
|
October |
2006 |
683 |
|
$180,889 |
97.0 |
5605 |
8.21 |
|
November |
2006 |
597 |
|
$178,799 |
92.0 |
5509 |
9.23 |
|
December |
2006 |
566 |
|
$161,477 |
102.0 |
5272 |
9.31 |
|
January |
2007 |
462 |
|
$158,554 |
106.0 |
5100 |
11.04 |
|
February |
2007 |
501 |
|
$162,373 |
105.0 |
5313 |
10.60 |
|
|
|
|
|
|
|
|
|
Note: The "Current Inventory" column reflects the number of active listings on the market on the 16th day of each Month. The "Months of Inventory" column is equal to the "Current Inventory" divided by the "Monthly Sales". This reflects how many months it would take to sell out of inventory at the current month’s rate of sale.
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