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June 2021 RuCo Real Estate Market Update

In May 2021, Rutherford County's real estate market took a downturn in Listings Contracted, down -8.96% from last May, but keep in mind that's when we saw the pent-up contracts from RuCo's COVID shutdown make a huge comeback with a +31.95% increase. Listings Closed were down -6.14% from last May while Inventory remains down at -57.26%, just slightly better than the record low we saw two month's ago. This month's big news is in Median List Price, now up +26.18%. Read on for an in-depth look at the local real estate market data. 

May 2021 RuCo Real Estate Market Update

In April 2021, Rutherford County's real estate market yet again trended up in Listings Contracted, up +18.37% over last April. Listings Closed were up +9.36%, while Inventory remained down, now -42.30% down from last April. Read on for an in-depth look at the local real estate market data. 

April 2021 RuCo Real Estate Market Update

In March, Rutherford County's real estate market again trended up in Contracts. Meanwhile, Closings fell slightly despite unprecedented buyer demand amidst the ongoing Inventory shortage. Interestingly, right at half of the current Rutherford County inventory is what we call "paper listings," meaning they are not even built yet. Mortgage interest rates continued to climb, now sitting at an average of 3.18% (30-Yr FRM), the highest they've been since June 2020. Read on for an in-depth look at the local real estate market data. 

March 2021 RuCo Real Estate Market Update

<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span> In February, Rutherford County’s real estate market once again trended up in Listings Contracted. Meanwhile, Listings Closed remained nearly identical…

February 2021 RuCo Real Estate Market Update

In January, Rutherford County’s real estate market continued our upward trend of Listings Contracted. However, we did finally see a dip in Listings Closed, largely due to the ongoing Inventory shortage. Mortgage…

January 2021 RuCo Real Estate Market Update

 In December, Rutherford County’s real estate market completed its record year, propelled by low mortgage interest rates and unprecedented buyer demand in middle Tennessee. Closed Sales were up 9.52%…

December 2020 Rutherford County Market Report

 In November, Rutherford County’s real estate market continued its banner year, propelled by rates and buyer demand for the area. Closed Sales year-to-date are up 9.14% over last year. November numbers were…

Working remotely and want to move? Here’s what you need to know.

So you’ve been working from home since the onset of COVID-19, and maybe you are ready for a change. Perhaps you need more space, less distractions. Maybe your pets are…

November 2020 Rutherford County Market Stats

The banner year for Rutherford County’s real estate market continued through October. Closed Sales year-to-date are up 7.25% over last year. October numbers were also up comparatively, with Contracts up 25.45%…

October 2020 Rutherford County Market Update

The Rutherford County real estate market continues to be vibrant as we enter Q4, with pending and closed sales significantly up over last September. Inventory continues to dwindle and rates…