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Page 1: Blount County Market Overview - Maryville Real Estate...Blount County Market Overview Research Provided by Jason Everbach and Vicki Everbach May 2019 Quick Facts The Blount County
Page 2: Blount County Market Overview - Maryville Real Estate...Blount County Market Overview Research Provided by Jason Everbach and Vicki Everbach May 2019 Quick Facts The Blount County

Blount County Market OverviewResearch Provided by Jason Everbach and Vicki Everbach

May 2019 Quick FactsThe Blount County Real Estate Market had a strong May. While the average Days On Market (DOM) was unchanged, the total number of home sales went up, and the average sales price dipped slightly (see Quick Facts). Inventory shortages in the $400K and below price ranges continue to be an issue for many buyers.

As such, owners and sellers in the $100K - $399K price range have a Strong Seller's Market working in their favor. The inventory shortage in these price ranges is causing fierce competition for properly priced homes, making now the PERFECT time to sell. On the other hand, buyers are advised to act quickly when the right house comes along.

We are not seeing any indication that the inventory shortage will correct itself anytime soon. In fact, it is not uncommon for properly priced homes in the $200K and below price ranges to sell within 1 week due to extreme buyer demand in these price ranges.

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56 $245,943 221Avg. Days on Market

(DOM)Last Month: 56

Avg. Sales Price(ASP)

Last Month: $248,246

Total Homes Sold

Last Month: 192

Call Us Today!

865-888-HOME (4663)

865-983-0011The Everbach Group - Realty Executives Associates - [email protected] - Copyright 2019 All Rights Reserved

Visit us online at MaryvilleRealEstate.com!

*For informational purposes only. We make no guarantees that the data will meet your particular needs, or that information presented is entirely accurate, complete, or error-free. This report is based on

data contained in the Knoxville Area Association of Realtors® MLS and FlexMLS (powered by FBS) for the time period May 1, 2019 through May 31, 2019. Jason Everbach (License #306031),

Vicki Everbach (License #244813), and Realty Executives Associates (License #254861) are licensed to sell real estate in the State of Tennessee. Each office is independently owned and operated.

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Page 3: Blount County Market Overview - Maryville Real Estate...Blount County Market Overview Research Provided by Jason Everbach and Vicki Everbach May 2019 Quick Facts The Blount County

Sales by Price Range For Questions Please Contact:Vicki or Jason at 865-888-HOME (4663)

Market Update - May of 2019Blount County by Price Range

Summary - The majority of the Blount County Real Estate Market remains a Strong Seller's Market! Competition is fierce in all priceranges below $400K; it is not uncommon to see properly priced homes in the $200K and below price ranges sell within a week.

Price Range # Solds Active Listings Months of Inventory Market$0K - $99K 15 31 2.1 Strong Seller's Market$100K - $199K 76 83 1.1 Strong Seller's Market$200K - $299K 81 108 1.3 Strong Seller's Market$300K - $399K 27 77 2.9 Strong Seller's Market$400K - $499K 13 57 4.4 Normal Seller's Market$500K - $699K 4 37 9.3 Strong Buyer's Market$700K - $899K 5 18 3.6 Normal Seller's Market$900K - $999K 0 9 12+ Extreme Buyer's Market$1M - $1.999M 0 20 12+ Extreme Buyer's Market$2M+ 0 9 12+ Extreme Buyer's MarketOverall Market 221 449 2.0 Strong Seller's Market

0 - 3 Months Inventory Strong Seller's Market3 - 6 Months Inventory Normal Seller's Market

MaryvilleRealEstate.com6 - 9 Months Inventory Normal Buyer's Market9 - 12 Months Inventory Strong Buyer's Market12+ Months Inventory Extreme Buyer's Market

The Everbach Group - Realty Executives Associates - 865-983-0011 - [email protected] - Copyright 2019 All Rights ReservedVisit us online at MaryvilleRealEstate.com!

*For informational purposes only. We make no guarantees that the data will meet your particular needs, or that information presented is entirely accurate, complete, or error-free. This report is based

on data contained in the Knoxville Area Association of Realtors® MLS and FlexMLS (powered by FBS) for the time period May 1, 2019 through May 31, 2019. Jason Everbach (License #306031),

Vicki Everbach (License #244813), and Realty Executives Associates (License #254861) are licensed to sell real estate in the State of Tennessee. Each office is independently owned and operated.

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Page 4: Blount County Market Overview - Maryville Real Estate...Blount County Market Overview Research Provided by Jason Everbach and Vicki Everbach May 2019 Quick Facts The Blount County

Sales by City For Questions Please Call:Vicki or Jason at 865-888-HOME (4663)

Market Update - May of 2019Blount County by City

Summary - The vast majority of Blount County is a Seller's Market. Demand for properly priced homes is extremely high due to theongoing inventory shortage in most areas. Planning to buy or sell? Call the Everbach Group today at 865-888-HOME (4663).

Price Range # Solds Active Listings Months of Inventory MarketMaryville (City + County) 161 260 1.6 Strong Seller's MarketAlcoa 15 29 1.9 Strong Seller's MarketFriendsville 6 21 3.5 Normal Seller's MarketGreenback (Blount) 5 16 3.2 Normal Seller's MarketLouisville 12 45 3.8 Normal Seller's MarketRockford 1 10 10.0 Normal Buyer's MarketSeymour (Blount) 7 18 2.6 Strong Seller's MarketTallassee 1 10 10.0 Normal Buyer's MarketTownsend 11 48 4.4 Normal Seller's MarketWalland 4 15 3.8 Normal Seller's Market

0 - 3 Months Inventory Strong Seller's Market3 - 6 Months Inventory Normal Seller's Market

MaryvilleRealEstate.com6 - 9 Months Inventory Normal Buyer's Market9 - 12 Months Inventory Strong Buyer's Market12+ Months Inventory Extreme Buyer's Market

The Everbach Group - Realty Executives Associates - 865-983-0011 - [email protected] - Copyright 2019 All Rights ReservedVisit us online at MaryvilleRealEstate.com!

*For informational purposes only. We make no guarantees that the data will meet your particular needs, or that information presented is entirely accurate, complete, or error-free. This report is based

on data contained in the Knoxville Area Association of Realtors® MLS and FlexMLS (powered by FBS) for the time period May 1, 2019 through May 31, 2019. Jason Everbach (License #306031),

Vicki Everbach (License #244813), and Realty Executives Associates (License #254861) are licensed to sell real estate in the State of Tennessee. Each office is independently owned and operated.

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Page 5: Blount County Market Overview - Maryville Real Estate...Blount County Market Overview Research Provided by Jason Everbach and Vicki Everbach May 2019 Quick Facts The Blount County

Have Questions? Call Us Today!This report and market analysis was prepared by

The Everbach Team, Blount County’s #1 Market Experts.

Jason EverbachVicki Everbach

865-888-HOME (4663)

Realty Executives Associates865-983-0011

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