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Monthly Archives: June 2024

  • Is The Local Real Estate Market Peaking?

    Is The Local Real Estate Market Peaking?

    May brought some interesting developments in the Rutherford County real estate market. Closed Sales rose just 1% from last May, while Pending Sales are down significantly by 17%. Inventory increased by 9%, now with over 1,000 homes on the market (daily average), the first time we've seen that since November 2022. Median Price Per Square Foot jumped 3.3% to $219, matching the second highest month ever (July 2022). Read on for our in-depth look at the most current local market data.
    Written by John Jones