Friday, June 1, 2007

May Housing Numbers

Here are some Smyrna housing numbers for May:

Homes currently on the market in Smyrna: 348
Home under contract (pending): 140
Homes closed in May 2007: 82
Homes closed Jan. 1 - May 31, 2007: 376

Homes closed in May 2006: 84
Homes closed Jan. 1 - May 31, 2006: 348

Least expensive: $97,100 (998 square feet, 2 bedroom, 2 bath, zero lot line on Dellwood Dr.).
Most expensive: $649,900 (this home has a contract on it, but is located in Hidden Valley and has 4706 square feet, foru bedrooms, three and a half baths).
Total number of homes for sale for over $300,000: 26

This research shows the Smyrna real estate market is right on track, and perhaps a little ahead of the numbers from last year. Congratulations Smyrna!

On a side note, I saw another study conducted by Tennessee State University that said consumer confidence is down 26%, largely due to gas prices. The feds are also reporting that the economy has slowed to a crawl the first part of the year, according to MSNBC.

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