Blog
March 2022 Rutherford County Real Estate Update
Last month, we finally saw some good news for buyers in the Rutherford County real estate market. Average Daily Inventory improved slightly from the previous month, though Listings Added remained nearly identical to the month prior, still a welcome improvement from constant declines seen throughout last year. Read on for our in-depth look at the local market data. Read More
February 2022 Rutherford County Real Estate Update
Is the Rutherford County real estate market headed for a crash like in 2008? Well, the data suggests not. In January, we saw 23 more homes go under contract than new homes that came on the market. That’s just a simple example of why Inventory continues to dwindle, now down -41.64% year-over-year, causing home prices to continue ticking upward. Read on for our in-depth look at the most current local real estate market data. Read More
January 2022 Rutherford County Real Estate Update
The 2021 data is in, but the big news this month is Supply has hit a new record low for Rutherford County, with only 0.24 Months Supply of Homes. That's roughly a week's worth of Inventory when compared to turnover rates. Here's your full rundown of the monthly & year end real estate data comparisons, plus some predictions for 2022! Read More
December 2021 RuCo Real Estate Market Update
In November, Closed Sales in Rutherford County were down -1.73% from November 2020. Pendings were up +0.96%, while Inventory was down -24.65% from the same period last year and down -13.64% from the prior month. Read on for our in-depth look at the latest local market data. Read More
November 2021 RuCo Real Estate Market Update
In October, Closed Sales in Rutherford County were down -6.03% from October 2020. Pendings were up +6.42%, while Inventory was down -27.09% from the same period last year, and down -11.11% for last month. This after four straight months of Inventory improvement. Read on for our in-depth look at the latest local market data. Read More
Where Are Home Prices Headed?
Home prices have increased, or appreciated, for 114 straight months. Pulsenomics recently surveyed over 100 economists, investment strategists, and housing market analysts asking for their five-year projections. The results suggest the market may see some slight deceleration, but not depreciation. Read More
October 2021 RuCo Real Estate Market Update
In September, Closed Sales in Rutherford County were down -9.30% from September 2020. Pendings were only down -0.82%, while Inventory was down -19.32%, but up +1.11% from the previous month. This marks Rutherford County's fourth straight month of Inventory improvement. Read on for our in-depth look at the latest local market data. Read More
Comparing Housing Inventory by Season
According to recent data from realtor.com, active listings have increased over the last four months, which is consistent with what we're seeing here in Rutherford County, though it's certainly to a lesser degree here locally. Rutherford County has now seen three straight months of inventory improvements, but is still down -34.98% from the same time last year. Read More
September 2021 RuCo Real Estate Market Update
In August, Closed Sales in Rutherford County were down -3.27% from August 2020. Pendings were down -2.41%, Inventory was down -34.98%, but up +4.98% from the previous month, making three straight months of modest Inventoryimprovements in our local market. Read on for our in-depth look at the latest local market data. Read More
August 2021 RuCo Real Estate Market Update
In July, Closed Sales in Rutherford County were down -13.53% from last July. Pendings were down -19.42%. Inventory was down -37.23% from last July, but up +7.50% from the previous month, making two straight months with Inventory improvements in our local market. Read on for our in-depth look at the local real estate market data. Read More