Chattanooga Real Estate Blog

For the week ending August 21, New Listings in the Chattanooga region were down 3.1 percent since the same week last year as 252 properties came onto the market.

Buyer activity remained above 2009 levels, as it has for 29 out of the 33 full weeks this year. There were 146 purchase agreements signed last week, representing a whopping 36.4 percent increase over 2009.

This helped to keep inventory levels lower than last year for the eighth consecutive week. The number of Active Listings for Sale was down 3.6 percent to 6,559 properties. This marks the largest inventory decline in over a year (56 weeks to be exact).

Based on July figures, sellers received an average of 90.6 percent of their original list price after about 114 days on the market. Median Sales Price stands at $130,000, and the Months Supply of Inventory metric remains fairly elevated at 12.8 months.

For the week ending August 14, New Listings in the Chattanooga region were down 16.7 percent in year-over-year comparisons as 250 properties new came on the market.

Buyer activity remained above 2009 levels with 128 contracts written last week, representing a 7.6 percent increase.

This helped to keep inventory levels lower than last year for the seventh consecutive week. The number of Active Listings for Sale was down 3.5 percent to 6,553 properties.

Based on July figures, those sellers who are still waiting for an offer could expect to receive 90.8 percent of their list price and a market time of 114 days, though this number has been coming down in recent months. Median Sales Price remained at $132,000 taking into consideration overall market activity.

Great starter or investment home in Red Bank just minutes to downtown Chattanooga.
2 bed 1 bath with huge kitchen. All appliances will be staying. Approximately half the yard is fenced and you’ll find a great covered deck off the kitchen.

Priced to sell quickly at $54,900. Homes in this price range and in this shape aren’t lasting long so call today to schedule your viewing!

Affordable condo great for first time buyers and students!  Fresh paint, tile and you pick your new carpet!

Great new listing in Red Bank.  Excellent condition and ready for new owners!

Arched doorways, hardwood floors, updated wiring, architectural shingles, fenced level yard and more!

Private, level, and wooded acreage. Underground utilities & well water available. Adjacent parcel 12 acres also available. 15 minutes to Northgate/Hixson area.

Possible Owner Financing Available—Nice 2 bed 2.5 bath condo in River Landing with breathtaking views of the surrounding mountains. The master bedroom has a jetted tub and a deck to sit on and enjoy nature. Even the second bedroom has it’s own bath! The laundry closet is on the upper level so no dragging laundry up and down the steps. The kitchen is sized to accommodate a dinette table plus there is a formal dining area separating the kitchen from the living room. The corner fireplace in the living room makes this the coziest home you have ever been in! Just out the front door and a few steps across the parking lot you’ll find a pool and pool house. Great for investment as a rental or to live in yourself.

Possible Owner Financing Available—Nice 2 bed 2.5 bath condo in River Landing with breathtaking views of the surrounding mountains. The master bedroom has a jetted tub and a deck to sit on and enjoy nature. Even the second bedroom has it’s own bath! The laundry closet is on the upper level so no dragging laundry up and down the steps. The kitchen is sized to accommodate a dinette table plus there is a formal dining area separating the kitchen from the living room. The corner fireplace in the living room makes this the coziest home you have ever been in! Just out the front door and a few steps across the parking lot you’ll find a pool and pool house. Great for investment as a rental or to live in yourself.

A rare find with 9.8 acres for that mini farm or just for enjoying nature! Owners have spared no expense upgrading many details of the custom 3 year old home.

More info here

9821 Indian Ridge

Words are hard to find to describe this wonderful home in the traditional neighborhood of Reunion in East Brainerd.

More info here

8610 Homecoming Dr