Friday, October 12, 2012

 

Dyersburg Real Estate Sales Numbers August-September 2012

In my last post I wrote that I thought the Dyersburg real estate market was in recovery. After analyzing the numbers for August and September I would say that our numbers are going up and down but down for August and September.

The January-August numbers fell by 2% compared to one year earlier. One encouraging sign is that the average sales price increased to $109,072 from $99,228 one year ago.

The numbers for Jan 2012- Sept 2012 fell by 8% but the numbers for Newbern increased by 100%.

From all the data it  is hard to establish a clear direction for the Dyersburg real estate market but home prices appear to be firming up due to a shortage of inventory.

The mid priced newer neighborhoods including Camelot and Castleton Estates are beginning to sell with home prices rising just a bit over one year ago.

Call Mike and his team at 731-589-7841 to assist you with your relocation to the Dyersburg area

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