Tuesday, January 26, 2010


New site created to search for Dyersburg "lakefront" properties

Yesterday I created a new blogsite that has the IDX search for all areas in or near Dyersburg that has lakes with houses either with lake frontage or a lake view.

That link can be found here Dyersburg Lakefront Properties.

Don't forget to check back next week for an updated market report for Dyersburg Real Estate.


Thursday, January 14, 2010


Dyersburg real estate market conditions for 2009 vs 2008

As I promised about 3-4 weeks ago, here are the numbers for the Dyersburg Real Estate Market. First of all, I will compare 2009 single family residential for Dyersburg and Dyer County with the same period in 2008.

Quantity of Units Sold    223 in 2009 vs 291 in 2008  (which is a decrease of 23%)

Volume Sold      $22,547,883 in 2009 vs $32,169,779 in 2008   (which is a decrease of 30%)

Average Sales Price   $101,111 in 2009 vs $110,549 in 2008   (which is a decrease of 9%)

Quantity Active  690 in 2009 vs 849 in 2008   (which is a decrease of 19%)

Based on all these numbers it appears that the Dyersburg Real Estate Market is still on the decline but since all my agents are really busy with clients I decided to pull the numbers for Dec 2009 vs Dec 2010.

Quantity of Units Sold   14 in Dec 2009 vs 11 in 2008  (which is an increase of 27%)

Average Sales Price   $124,326 in Dec 2009 vs $98,877 in Dec 2008   (which is a increase of 26%)

Quantity Active  254 in 2009 vs 302 in 2008   (which is a decrease of 16%) actually this is good!

Based on December 09 numbers, I would say that our market has begun to turn the corner but I thought that last year in July when I did a post about the market. Also what might be driving the numbers is the first time home buyer tax credit and also the other home buyer tax credit. We did a post about those earlier. I will be able I think to confirm a continued turn around when I again pull the numbers on Feb 1, 2010 so please come back to see the results!


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