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Archive for Chattanooga MLS Stats

Chattanooga MLS Stats October 2007

Posted in Chattanooga MLS Stats by Karen Rhodes on November 10th, 2007

Sales and Inventory History

Category - Residential

Month

Year

Monthly Sales

Avg DOM

Curr Inventory

Months Inventory

January

2006

455

106.0

4275

9.40

February

2006

594

111.0

4380

7.37

March

2006

743

110.0

4468

6.01

April

2006

708

108.0

4692

6.63

May

2006

793

98.0

4813

6.07

June

2006

864

100.0

5015

5.80

July

2006

774

107.0

5131

6.63

August

2006

788

103.0

5338

6.77

September

2006

604

105.0

5501

9.11

October

2006

683

114.0

5579

8.17

November

2006

601

109.0

5623

9.36

December

2006

569

116.0

5536

9.73

           

January

2007

469

120.0

5183

11.05

February

2007

552

116.0

5441

9.86

March

2007

730

115.0

5567

7.63

April

2007

655

113.0

5763

8.80

May

2007

774

117.0

5852

7.56

June

2007

719

105.0

5973

8.31

July

2007

654

106.0

6211

9.50

August

2007

713

115.0

6321

8.87

September

2007

528

102.0

6374

12.07

October

2007

538

106.0

6239

11.60

           

 

The "Current Inventory" column reflects the number of active listings on the market
on the 1st 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 months rate of sale.


Chattanooga MLS Stats September 2007

Posted in Chattanooga MLS Stats by Karen Rhodes on October 17th, 2007
What can I say?  If you are a seller it’s ugly.  525 homes sold last month and as of September 1st, 6,322 available.

Sales and Inventory History

Category - Residential

Month

Year

Monthly Sales

Avg DOM

Curr Inventory

Months Inventory

January

2006

455

106.0

4273

9.39

February

2006

594

111.0

4378

7.37

March

2006

743

110.0

4469

6.01

April

2006

708

108.0

4693

6.63

May

2006

793

98.0

4814

6.07

June

2006

864

100.0

5016

5.81

July

2006

774

107.0

5133

6.63

August

2006

789

103.0

5341

6.77

September

2006

604

105.0

5503

9.11

October

2006

683

114.0

5580

8.17

November

2006

601

109.0

5626

9.36

December

2006

569

116.0

5533

9.72

           

January

2007

469

120.0

5182

11.05

February

2007

551

116.0

5436

9.87

March

2007

729

115.0

5559

7.63

April

2007

655

113.0

5749

8.78

May

2007

775

117.0

5835

7.53

June

2007

718

105.0

5950

8.29

July

2007

655

106.0

6187

9.45

August

2007

708

115.0

6281

8.87

September

2007

525

102.0

6322

12.04

The "Current Inventory" column reflects the number of active listings on the market
on the 1st 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 months rate of sale.



Chattanooga MLS Stats August 2007

Posted in Chattanooga MLS Stats by Karen Rhodes on September 11th, 2007

Woo Hoo!

Sales were up in August by 5% over July numbers!  Enjoy that sentence because it’s the only good thing we have to report. 

The difference of 100 closings from August 2006 and August 2007 is a 13% decrease.  Available listings continue to climb with a 15% increase from last August.  We still have a 9 month supply of homes available.

I may start breaking the figures down into different areas or price ranges.  The stats that I give are for the entire MLS and it’s very general. 

Category - Residential

Month

Year

Monthly Sales

Avg DOM

Curr Inventory

Months Inventory

January

2006

455

106.0

4270

9.38

February

2006

594

111.0

4374

7.36

March

2006

743

110.0

4467

6.01

April

2006

708

108.0

4691

6.63

May

2006

793

98.0

4812

6.07

June

2006

864

100.0

5013

5.80

July

2006

774

107.0

5130

6.63

August

2006

789

103.0

5337

6.76

           

January

2007

468

120.0

5175

11.06

February

2007

551

116.0

5426

9.85

March

2007

728

115.0

5547

7.62

April

2007

655

113.0

5723

8.74

May

2007

771

117.0

5788

7.51