Monday Market Update Aug 12

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Welcome to your July 2024 Real Estate Market Update for the Lakeway Area, covering Cocke, Grainger, Hamblen, and Jefferson counties! In this video, we'll break down the latest market trends, including:
192 New Listings: Find out why inventory is on the rise and what it means for buyers and sellers.
136 Homes Sold: Learn about the increase in sales compared to last year and the average sales price of $372,154.
Average Days on Market: Discover why 60% of homes are selling in under 30 days.
Price Adjustments: Get insights into why homes with price changes stayed on the market longer and what this could mean for you.
Whether you're thinking of selling your home or just curious about the current real estate trends in the Lakeway Area, this update will provide valuable insights!
💬 Comment below or send me a message if you're considering selling your home or want to learn more about your property's value in today's market. Don’t forget to subscribe and hit the notification bell to stay updated on the latest real estate news in Morristown, TN, and beyond!
For more information, reach out at: 423-748-8811
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