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    Comparing Housing Inventory by Season

    By John Jones | September 20, 2021

    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

    By John Jones | September 8, 2021

    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

    By John Jones | August 10, 2021

    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

    July 2021 RuCo Real Estate Market Update

    By John Jones | July 7, 2021

    In June we saw the first signs of Rutherford County's housing inventory improving. While we were down -48.29% from last June, we were up month-to-month for the first time since the onset of COVID-19, with Average Daily Inventory up +7.49% from May 2021. Read on for an in-depth look at the local real estate market data.  Read More

    June 2021 RuCo Real Estate Market Update

    By John Jones | June 8, 2021

    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.  Read More

    May 2021 RuCo Real Estate Market Update

    By John Jones | May 7, 2021

    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.  Read More

    April 2021 RuCo Real Estate Market Update

    By John Jones | April 7, 2021

    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.  Read More

    March 2021 RuCo Real Estate Market Update

    By John Jones | March 5, 2021

    In February, Rutherford County’s real estate market once again trended up in Listings Contracted. Meanwhile, Listings Closed remained nearly identical to February 2020 despite unprecedented buyer amidst the ongoing Inventory shortage. Mortgage interest rates climbed throughout the month, hitting 3.0% (30-Yr FRM) for the first time since July. Read on for an in-depth look at the most current local market data. Read More

    February 2021 RuCo Real Estate Market Update

    By John Jones | February 8, 2021

    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 interest rates hit yet another historic low of 2.65% (30-Yr FRM) before trending slightly up just prior to the inauguration. Read on for an in-depth... Read More

    January 2021 RuCo Real Estate Market Update

    By John Jones | January 7, 2021

     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% over 2019, the previous record year. December numbers were also up comparatively, with Contracts up 27.94% and Closings up 16.46% over last December. Inventory hit... Read More