Yesterday I examined the Dyersburg real estate market for the first quarter of 2015 and was amazed at what I found.
The best way to measure what is going on in homes sales is by examining the absorption rate. The absorption rate is the total number of sales divided by the total number of new listings. When the absorption rate is trending upward(way above 50%) then you know the real estate market is recovering. Notice in the graph what happened in the third month of March. The absorption rate hit 100%. That means for every new sale there is only one new listing. That explains why I and my agents cannot find enough new listings to show our buyer clients.
Let that go on for 2-3 months and suddenly we have a sellers market and homes selling pretty quickly.
With that said, there has never been a better time to sell your Dyersburg Lakewood homes.
And who better to assist you with your sale than Mike Frazier and his professional real estate team at Carousel Realty.
My direct cellphone number is 731-589-7841.
This publication discusses listed and sold lakefront properties and lake access homes primarily in the Lakewood community in northwest Tennessee(near Dyersburg Tennessee)
Wednesday, April 01, 2015
Tuesday, February 03, 2015
New Dyersburg Lakewood Listing January 2015
This home has 4 bedrooms, 3 full baths and 2 half baths. The lot is one acre and it has lake frontage on the third largest lake. the home has 3503' of heated and cooled space and was built in 1992. Both central units were recently replaced as were all the windows.
The basement includes parking for 2 cars and there is additional parking just off the driveway on the front side of the home.
The list price is $289,900. Call the staff at Carousel Realty to view this home. Our direct number is 731-285-2277. After hours you can call me direct at 731-589-7841.
I believe this home will sell fairly quickly(being shown today and tomorrow). It was only listed yesterday. For additional information online just click the active listings button over on the right side.
Posted by mike frazier at Tuesday, February 03, 2015 No comments:
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