The Blount County Real Estate Market had a fantastic April! The total number of homes sold was higher than last month, and the average sales price increased by over $5,000. The only notable slowdown in Blount County was the Townsend area (see page 4).
Inventory shortages in most prices ranges below $400K continue to be an issue. Sellers in the $100K – $399K price range have a Strong Seller’s Market working in their favor. This is causing fierce competition for properly priced homes, making now the PERFECT time to sell.
Buyers are advised to act quickly when the right house comes along. It is not uncommon for properly priced homes below $200K to sell within one to two weeks.
Thinking about buying or selling? Call the Everbach Team today 865-888-HOME (4663)!