Is Glen Ellen Landing, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Glen Ellen Landing has remained a Seller's Market.
Key Takeaway
Glen Ellen Landing is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glen Ellen Landing, TN
How much do homes in Glen Ellen Landing, TN cost?
Median Sold Price
$286,000
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Glen Ellen Landing have sold for 10% more than they did a year ago.
Summary: The median home sold price in Glen Ellen Landing was $286,000 in April 2024, up 10% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $215K | - | N/A |
| 3 Bedrooms | $252.5K | $260K | +3.0% |
| 4 Bedrooms | $305K | $349.9K | +14.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Glen Ellen Landing housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 14.7%, and 5+ bedroom homes did not change.
Housing Supply in Glen Ellen Landing, TN
How many homes are available in Glen Ellen Landing, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 15 | -11.8% |
Summary: The Glen Ellen Landing real estate market had 15 homes for sale in April 2024, a 11.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Glen Ellen Landing housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Glen Ellen Landing, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Glen Ellen Landing in April 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Glen Ellen Landing, TN
How long does it take to sell a home in Glen Ellen Landing, TN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 4 Days | 10 Days | +133.3% |
Summary: Homes in Glen Ellen Landing had an average of 10 days on market in Apr 2024, up by 133.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Glen Ellen Landing are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Glen Ellen Landing; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.