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Monthly Archives: April 2024

  • Stay Informed, Stay Ahead: April 2024 Local Market Update

    Stay Informed, Stay Ahead: April 2024 Local Market Update

    In March 2024, Rutherford County saw a notable 20% decline in closed sales compared to the corresponding period in the previous year. However, it is imperative to contextualize this decrease. In January, the adverse weather conditions led to a significant downturn in pending sales, approximately 20% lower than usual due to prolonged periods of snow and rain. Consequently, the subsequent decline in closed sales in March was not entirely unexpected. Moreover, pending sales in March demonstrated a mere 3% decrease compared to the preceding year, indicating relative stability in market activity.
    Written by John Jones