Is Meadows at Seven Points, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Meadows at Seven Points has remained a Seller's Market.
Key Takeaway
Meadows at Seven Points is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Meadows at Seven Points, TN
How much do homes in Meadows at Seven Points, TN cost?
Median Sold Price
$655,000
$212/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Meadows at Seven Points have sold for 22.9% less than they did a month ago.
Summary: The median home sold price in Meadows at Seven Points was $655,000 in April 2024, down 22.9% from last month, and the median price per square foot was $212.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | $850K | $655K | -22.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Meadows at Seven Points housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes did not change.
Housing Supply in Meadows at Seven Points, TN
How many homes are available in Meadows at Seven Points, TN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Meadows at Seven Points real estate market had 3 homes for sale in April 2024, the same as 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 | 0 | 1 | +100.0% |
| 4 Bedrooms | 3 | 2 | -33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Meadows at Seven Points 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 increased by 100%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Meadows at Seven Points, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Meadows at Seven Points in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Meadows at Seven Points, TN
How long does it take to sell a home in Meadows at Seven Points, TN?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 41 Days | 57 Days | +39.0% |
Summary: Homes in Meadows at Seven Points had an average of 57 days on market in Apr 2024, up by 39% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Meadows at Seven Points has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Meadows at Seven Points; 0% of homes were sold within 30 days, 100% 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.