August 2022 Rutherford County Real Estate Update
In July, the Rutherford County real estate market continued its shift towards a balanced market. Average Daily Inventory jumped +56.81% from last July and +29.69% from last month. That puts Average Daily Inventory at double the April average and nearly triple January's low of 391 single family homes. Meanwhile, as interest rates remained wildly volatile, Contracts and Closings both dropped double digit percentages YOY and month-over-month. Read on for our in-depth look at the most current local real estate data.