I'm sharing with you the numbers for real estate in Middle TN for May 2019 based on the Red Report provided to us each month by our President, Steven Dotson.
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May 2019 vs May 2018
Closing Volume = 6% higher
Average Closed Prices = 8.4% higher @ $411,118
Pending Volume = 21% higher
“Looks like May had a nice boost after sales have been level for the last several months. Pendings continue to be strong so it looks like this Summer will be very busy. The national economist said we’d have a strong late Spring/Summer, and I think they were correct.”
Red Realty, LLC