March 2021 Chattanooga Real Estate Market Update

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Check out the March 2021 real estate numbers from the Greater Chattanooga Association of Realtors

MetricMarch 2020March 2021Percentage of Change
New Listings12091223+1.2%
Closed Sales8911113+24.9%
Days on Market5633-41.1%
Median Sales Price$211,000$255,000+20.9%
Homes for Sale2447868-64.5%

Although the number of new listings, Closed sales, and Median Sales Price has increased from last year’s number, the main concern this time is the number of homes for sale. 2447 homes were on sale last March 2020. This year this has decreased to 868 homes for sale (-64.5%).

Find out more by watching the video or checking this link

If you’re looking into selling your house or looking for Houses for sale in Chattanooga Tn or any nearby area, let’s connect today. We’ll discuss opportunities in our local market. Don’t hesitate to give us a call at +1 (423) 595 7958 or you can click here and will be more than happy to give you a call!

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