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The Greater Chattanooga Association Of Realtors just released the February 2019 home sales reports and here is a summary of the stats.

It is worthwhile to mention the weather when discussing residential real estate for large portions of the U.S. for February 2019, because this month has turned in some impressively cold, rainy and snowy days that have stalled some buying and selling actions. Nevertheless, housing markets have proven to be resilient despite predictions of a tougher year for the industry. It is still too early to say how the entire year will play out, but economic fundamentals remain positive.
New Listings in the Chattanooga region increased 6.5 percent to 1,005. Pending Sales were up 13.7 percent to 869. Inventory levels shrank 1.9 percent to 2,537 units. Prices continued to gain traction. The Median Sales Price increased 3.7 percent to $182,000. Days on Market was down 12.3 percent to 57 days. Sellers were encouraged as Months Supply of Inventory was down 6.3 percent to 3.0 months.
The National Association of REALTORS® recently reported that national existing-home sales were down slightly during January 2019 and that pending sales were up in year-over-year comparisons. It is worth noting that some softening of sales was anticipated, as was a positive sales bounce during January 2019 after a slow end to 2018. Weather-related events have hampered some of the necessary machinations of making home sales during February 2019, yet buyers have shown determination toward achieving their homeownership goals. All information is from Greater Chattanooga Association Of Realtors. 
If you or someone you know is in the market to buy or sell a home, then call The Paula McDaniel Group today! It will be our pleasure to assist you with all of your real estate needs! 
The Paula McDaniel Group 423-667-2997 
www.AllChattanooga.com Info@PaulaMcDaniel.com

Real Estate Partners Chattanooga LLC. 423-362-8333
Equal Housing Opportunity. Licensed in TN and GA.
All data from Greater Chattanooga REALTORS®. 

Congratulations Justin and Cassey! Their Home in Soddy Daisy is now Sold!

by Paula McDaniel, Chattanooga Realtor.

 

Congratulations Justin and Cassey! Their #Home in #SoddyDaisy is now #Sold! We greatly appreciate you and look forward to helping you with all of your future #realestate needs. The Paula McDaniel Group Cell: 423-667-2997 * Office: 423-362-8333. Real Estate Partners Chattanooga LLC. Equal Housing Opportunity. Licensed in TN and GA.

Just Sold By The Paula McDaniel Group 9/30/2016

by Paula McDaniel, Chattanooga Realtor.

7717_Scrapeshin_Tr_01
7717 Scrapeshin Trail, Chattanooga, TN 37421

sanderling-ct-aerial-mls-7
2362 Sanderling Court, Soddy Daisy, TN 37379

523-narrow-canyon-ln-ex-hd-2
523 Narrow Canyon Lane, Hixson, TN 37343

1917 Lake Peninsula Dr. MLS-70
1917 Lake Peninsula Drive, Hixson, TN 37343

8105-hamilton-mill-dr-mls-1
8105 Hamilton Mill Drive, Chattanooga, TN 37421

7013-flagstone-dr-mls-42
7013 Flagstone Drive, Ooltewah, TN 37363

2220-violette-dr-mls-49
2220 Violette Drive, Soddy Daisy, TN 37379

If you or someone you know is thinking about buying or selling a home, then be sure to call The Paula McDaniel Group today to schedule your Free Home Buying Or Home Selling Evaluation! 
The Paula McDaniel Group
Cell: 423-355-0311 * Office: 423-362-8333
Real Estate Partners Chattanooga, LLC. Equal Housing Opportunity. Licensed in TN and GA. ​

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The Paula McDaniel Group
Cell: 423-667-2997 Email: info@paulamcdaniel.com
Real Estate Partners Chattanooga LLC
6043 Shallowford Road, Suite 101, Chattanooga, TN 37421. Office: 423-362-8333 
Equal Housing Opportunity. Licensed in TN and GA. It is up to the buyer to verify that all information is correct and accurate.
Displayed property listings may be held by a brokerage firm other than The Paula McDaniel Group with Real Estate Partners Chattanooga LLC.