Germantown Real Estate Market Report Germantown, TN homes for sale have seen steady price improvement month to month as well as year to year as inventory levels remain at all-time lows.The Numbers Month to Month and Year to YearThe median…
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Local REALTOR, Suzanne White, named Hero of the Week on Good Morning Memphis
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Suzanne White, a local REALTOR with Keller Williams, was the Hero of the Week on the local Fox show of Good Morning Memphis. Suzanne White shared the Homes for Heroes program and how servicing local heroes is her business. Suzanne…
Buying A Home, Germantown Real Estate, Real Estate for Sale
Memphis area housing inventory down down 13% from 2012 – what does that mean for my Germantown home?
by Suzanne •
Memphis area housing inventory down down 13% from 2012 – what does that mean for my Germantown home? In July 2012, there were 7615 homes for sale in the Memphis area. The June 2014 report shows 6644 homes for sale.…
Buying A Home, Germantown Real Estate, Memphis Home Sales, Real Estate for Sale
Germantown, TN homes sales equal 52 homes sale in April 2014
by Suzanne •
The average sales price for Germantown, TN in April 2014 was $299,541. The average days on market was 84 days. Currently there are 302 homes for sale in Germantown, TN. With this low inventory number, there is six months worth of…
Buying A Home, Germantown Real Estate, Memphis Home Sales, Real Estate for Sale
Average sales price in Memphis area up 10.6% from 2012
by Suzanne •
The average sales price for the Memphis area rose to $143,395, up 10.6% from the 2012 average price of $129,640. The total number of homes sold rose to 16159, up 6.7% from the total homes sale in the Memphis area in 2012 of 15150.
Germantown, TN saw an increase in total home sales to 859 units, compared to 710 units sold in Germantown, TN in 2012. The average sales price remained flat at $316,403 compared to $317, 687 in 2012. There were eight homes sold over $1,000,000 in 2013 compared to three homes sold over $1,000,000 in Germantown in 2012. The highest price home sold in Germantown in 2013 is located off Johnson Road in The Highlands. The recorded sold price was $1,730,000 and it was on the market for 164 days.
One of the more affordable neighborhoods in Germantown, English Meadows, has an average sales price of $183,000. This is quite affordable compared to the average sales price in Germantown of $316,403.
To view homes for sale in Germantown just click here.
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Buying A Home, Germantown Real Estate, Memphis Home Sales, Real Estate for Sale
Memphis area homes for sale down 4.8% to 6190 homes for sale
by Suzanne •
As expected, the latest housing report showed inventory at 6,190 on Dec. 16, down 4.8 percent from a month earlier. The average days on market in November rose 15 percent to 92 days and existing home sales fell 15.9 percent to…
Buying A Home, Real Estate for Sale
Why do you need an agent to help you buy a home?
by Suzanne •
As recently as 1985, the shift began from all agents representing the seller to agents representing buyers. That realignment of roles gave buyers representation, which they lacked before. Now, most buyers in a real estate transaction have an agent who…