MyMarketPulse (mymarketpulse.com) just released its analysis of the May 2024 market data for Smith County, Tennessee.
According to the latest data, Smith County’s Median Sale Price was pegged at $298,075, showing a decrease of 3.8% from the preceding month and a drop of 8.0% from the year before.
Sales of homes in the region saw 14 homes changing hands. This represents a decline of 39.1% from the month before and down 22.2% compared to the same month last year.
The Median Days on Market was 70 days, down 13 days from the previous month and down 16 days from the prior year.
Smith County’s Market Pulse Score currently stands at 97 indicating a falling trend for the market.
For more information about the Smith County, Tennessee market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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