Everything you see here is reliable but not guaranteed. I figure all these myself and I am, after all, only human. These numbers cover all of Hamilton County (not just Chattanooga) as reported to the Chattanooga MLS.
Chattanooga Real Estate Sales (All prices)
All active listings: 2,954
Pending or contingent listings (under contract): 374
Residential listings closed (sold) during the past month: 251
Number of months to sell current actives at last month’s sales pace: 11.8
Hamilton County, under $100,000
Active, residential listings: 688
Pending or contingent listings: 103
Residential listings closed last month: 82
Number of months to sell current actives at last month’s sales pace: 8.4
Hamilton County, $100,000-200,000
Active, residential listings: 1,133
Pending or contingent listings: 145
Residential listings closed during the last month: 91
Number of months to sell current actives at last month’s sales pace: 12.5
Hamilton County, $200,000-400,000
Active, residential listings: 758
Pending or contingent listings: 91
Residential listings closed during the last month: 67
Number of months to sell current actives at last month’s sales pace: 11.3
Hamilton County, over $400,000
Active, residential listings: 375
Pending or contingent listings: 35
Residential listings closed during the last month: 11
Number of months to sell current actives at last month’s sales pace: 34.1
Check out the last Chattanooga real estate market report I did back in June. The sky isn’t exactly falling but we’re pretty much back to where we were before the tax credit, i.e. that blip in May’s Chattanooga real estate report really was pretty much caused by the tax credit expiration). That means that the one time I hoped I’d be wrong…I wasn’t. Inventory is holding steady but the sales pace has slowed back down.
Hi Julia, we are trying to figure out if a 1 bedroom condo or a 2 bedroom condo would be better for resale (given the same amount of SF)?
Is there anyway to determine how many 1 bedroom condos vs. 2 bedroom condos have sold in the Chattanooga and surrounding areas in the last few years?
Thanks for your help!
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