Middle Tennessee February 2011 Real Estate sales slower than past 6 years

The Grumbles Team compiles a monthly synopsis of the Middle Tennessee real estate market in this month. We noticed at February 2011 home sales dipped to a six-year low. Only 1587 home sales including single-family condo land and auctions took place in February 2011, resulting in a 13% decrease from February 2010.

If you’d like to know more about how these sales statistics impact your current home values. Please check out our website at www.Mikegrumbles.com or give us a call at 615-587-5843. We would be glad to explain these statistics are any other current market trends to you and how they relate to your current property.