february2018 tullahoma metrofiles.zillowstatic.com/.../zhvi.tullahoma.395168.pdf · 2020. 4....
TRANSCRIPT
www.zillow.com/research/
FEBRUARY2018 Tullahoma Metro
National Home Values
Current: $210,200Monthly Change: 0.5%Quarterly Change: 1.7%Annual Change: 7.6%Negative Equity*: 10.4%
Tullahoma Home Values
Current: $129,800Monthly Change: 0.2%Quarterly Change: -2.3%Annual Change: 0.8%Negative Equity*: 8.2%
Home Values Forecast
(next 12 months)
National: 3.5%Tullahoma Metro: –%
Major Cities - Home Values
TullahomaCurrent: $129,100Monthly Change: 0%Annual Change: 1.4%
ManchesterCurrent: $136,200Monthly Change: 0.6%Annual Change: 2.3%
WinchesterCurrent: $132,300Monthly Change: -1.9%Annual Change: -5.3%
SewaneeCurrent: $204,900Monthly Change: -1.5%Annual Change: -0.9%
DecherdCurrent: $102,000Monthly Change: -1.6%Annual Change: -9.4%
Esri, HERE, DeLorme, MapmyIndia, © OpenStreetMap contributors, and the GIS user community
City ZHVI Year-over-Year-9.4% - -9.2% -9.1% - -6.5% -6.4% - -5.3% -5.2% - -0.9% 1.1% 1.2% - 1.4% 1.5% - 1.4% 1.5% - 2.3% 2.4% - 3.5%
Home Values (ZHVI)Increasing Values: –%Decreasing Values: –%Fall From Peak: -2.3%Peak ZHVI Date: 2017-11Peak ZHVI: $132,800
RentZillow Rent Index: $1,101
Monthly Change: -0.1%Annual Change: 1.5%
Rent List Price: $–Rent List/Sq. Ft.: $–
SalesMedian Sale Price: $–
Monthly Change: –%Annual Change: –%
Sale Price/Sq. Ft.: $–Sale-to-list Price Ratio: –Sold for a Loss/Gain: –%/–%
ListingsMedian List Price: $199,900
Monthly Change: –%Annual Change: –%
List Price/Sq. Ft.: $113Listings with Price Cut: 8.7%Amount of Price Cut: 3.3%
ForeclosuresHomes Foreclosed: –/10, 000
Monthly Change: –Annual Change: –
Foreclosure Resales: –%Monthly Change: –ppAnnual Change: –pp
How do we track home values? Totrack home values, we use the ZillowHome Value Index (ZHVI). The ZHVI isthe mid-point of estimated home valuesfor the area. Half the estimated homevalues are above this number and halfare below.
* Negative equity data is from 2017Q1.
FEBRUARY2018
*The top 20 largest cities and top 10 (or all) counties within the metro are listed. Additional counties, cities, neighborhoods and ZIP codes may be
available online at www.zillow.com/research/data by emailing [email protected]
Zillow Research:Zillow R© is the leading real estate and rental marketplace dedicated to empowering consumers with data, inspiration and knowledge around the placethey call home, and connecting them with the best local professionals who can help. In addition, Zillow operates an industry-leading economics andanalytics bureau led by Zillow’s Chief Economist Dr. Svenja Gudell. Dr. Gudell and her team of economists and data analysts produce extensive housingdata and research covering more than 450 markets at Zillow Real Estate Research. Zillow also sponsors the quarterly Zillow Home Price ExpectationsSurvey, which asks more than 100 leading economists, real estate experts and investment and market strategists to predict the path of the Zillow HomeValue Index over the next five years. Zillow also sponsors the bi-annual Zillow Housing Confidence Index (ZHCI) which measures consumer confidence inlocal housing markets, both currently and over time. Launched in 2006, Zillow is owned and operated by Zillow Group (NASDAQ: Z), andheadquartered in Seattle.
www.zillow.com/research/
Largest Cities Covered by Zillow
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Beechgrove 147,400 1 0.3 3.5 147,400 2018-02 0 1,118 0.2 -0.7 1.5 7.0Belvidere 119,400 -1.6 -7.7 -6.6 129,300 2017-11 -7.7 1,137 0.4 0.7 3.6 7.2Cowan 73,400 -2.4 -8 -9.2 82,200 2017-04 -10.7 870 -0.7 -1.9 1.4 8.0Decherd 102,000 -1.6 -7.4 -9.4 113,300 2017-01 -10 984 -0.6 -2.8 0 7.7Estill Springs 118,900 -1.7 -7.4 -6.5 128,400 2017-11 -7.4 1,134 0.4 0.8 2.9 6.2Hillsboro 141,200 1 -0.1 1.1 141,900 2017-07 -0.5 1,095 -0.4 -2.2 -0.1 8.7Huntland 95,100 -1.3 -5.1 1.4 100,200 2017-11 -5.1 993 0.3 0.3 4.7 8.9Lynchburg 1,156 1.1 3.3 5.9 10.6Manchester 136,200 0.6 -1.7 2.3 138,500 2017-11 -1.7 1,104 -0.3 -1.9 0.7 8.1Sewanee 204,900 -1.5 -5.7 -0.9 217,400 2017-11 -5.7 1,406 0.4 -0.1 3.1 7.7Tullahoma 129,100 0 -2.9 1.4 132,900 2017-11 -2.9 1,062 -0.4 -2.7 1.1 8.4Winchester 132,300 -1.9 -7.6 -5.3 143,200 2017-11 -7.6 1,159 0.5 1.6 3.9 8.8
Largest Counties Covered by Zillow
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Coffee 133,100 0.7 -1.6 2.1 135,300 2017-11 -1.6 1,079 -0.3 -2.2 1.1 8.4Franklin 120,700 -1.4 -6.8 -5.8 129,500 2017-11 -6.8 1,125 0.3 0.4 2.8 7.8Moore 1,149 0.8 2.3 5.2 8.6