|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 sales price for Germantown, TN homes for sale was $272,000 in April 2015 compared to $265,000 during March 2015 and $294,950 in February 2015.
The number of Germantown, TN homes for sale that sold was 53 in April 2015 vs.51 in March 2015 and 48 that sold February 2015.
There are 62 Germantown, TN homes for sale that are in contract which represents 23% of the overall available inventory of 274 homes.
A few highlights of the current Germantown, TN homes for sale are shown below and represent a nice cross section of properties available.
This Months Most Expensive
The most expensive of all Germantown, TN homes for sale this month is listed at $3,200,00 and includes 6 bedrooms,12 baths and has 17,000 + sqft. This home is a classic Georgian on private 9.88 acre estate. The home has a mansion-like quality yet is perfect for family and extended family with separate living areas. The separate in-law wing and walk-out basement with kitchen and laundry are only some of the unique features of this home.
This Months Least Expensive
The least expensive of all Germantown, TN homes for sale comes in at $54,000 and would be a great home for a first time homebuyer or an investor looking for a rental property with positive cash flow. It has 1 bedroom and 1 bath and is nicely updated for this price. (schedule a showing).
This Months Must See
There were some great Germantown, TN …
|Below are highlight properties for Germantown Real Estate Market Report. See more at the full report:|
|See the Full Germantown Real Estate Market Report|
|Information valid as of May 6, 2015. Please contact us for the most current information and status of these properties.|