June 2021 Chattanooga Real Estate Market Update

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Compared to last year’s numbers, newly listed properties have slightly increased by 4.3%, closed sales have increased by 5% and the average sales price has increased by 23.3%. Homes for sale have decreased by 50.7% but the good news is homes are sold faster with an average of 17 days on the market.

MetricJun-20Jun-21Percentage of Change
New Listings12681322+4.3%
Closed Sales11271183+5.0%
Days on Market4217-59.5%
Median Sales Price$225,000$275,000+22.2%
Homes for Sale20331003-50.7%

Want to know why we are on a seller’s market? Click here

If you have questions about how these numbers affect your buying or selling plans, don’t hesitate to reach out to me. I’d love to help you. Click here for more information.

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