Is The Preserve at Clinch River, 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, The Preserve at Clinch River has remained a Seller's Market.
Housing Prices in The Preserve at Clinch River, TN
How much do homes in The Preserve at Clinch River, TN cost?
Median Sold Price
$404,900
$173/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in The Preserve at Clinch River was $404,900 in April 2024, up 1% from last year, and the median price per square foot was $173.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $312K | - | N/A |
3 Bedrooms | $344.9K | $374.9K | +8.7% |
4 Bedrooms | $525K | $529.2K | +0.8% |
5+ Bedrooms | $614.9K | $579.8K | -5.7% |
Summary: The Preserve at Clinch River 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 8.7%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes decreased by 5.7%.
Housing Supply in The Preserve at Clinch River, TN
How many homes are available in The Preserve at Clinch River, TN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
20 | 17 | -15.0% |
Summary: The The Preserve at Clinch River real estate market had 17 homes for sale in April 2024, a 15.0% 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 | 18 | 14 | -22.2% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The The Preserve at Clinch River 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 22.2%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
4 | 6 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in The Preserve at Clinch River in April 2024, up by 50.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 50% were sold at asking, and 17% were sold over asking.
Days on Market for The Preserve at Clinch River, TN
How long does it take to sell a home in The Preserve at Clinch River, TN?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
28 Days | 13 Days | -53.2% |
Summary: Homes in The Preserve at Clinch River had an average of 13 days on market in Apr 2024, down by 53.2% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in The Preserve at Clinch River; 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.