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East Tennessee Real Estate & Neighborhood Source

October 2024 Knoxville & East Tennessee Housing Market Update: Key Insights & Trends

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Welcome to your comprehensive October 2024 update on the Knoxville and East Tennessee housing markets! Whether you’re buying, selling, or just curious about the local real estate scene, we’ve got the latest insights and data you need.

Market Overview: East Tennessee

In October 2024, home sales in East Tennessee experienced a slight decline, down by 2.7% compared to last year. However, the inventory of homes surged by 37.9%, with new listings up by 7.1%. This increase in inventory provides more options for buyers, even as the market adjusts to rising interest rates and pre-election jitters.

Key Metrics:

  • Median Sales Price: $374,900 (up 7.11%)
  • Average Price per Square Foot: $225
  • Absorption Rate: 3.94 months (indicating more inventory and potentially less demand)

Despite fluctuations, East Tennessee’s housing prices remain stable to slightly rising, especially in high-demand areas.

Knoxville Real Estate Insights

Knoxville’s housing market shows resilience with home sales nearly steady, down just 0.2% from last year. The inventory increased by 31.4%, with new listings up by 1.5%. The city continues to see strong buyer interest, as reflected in the decrease in the absorption rate to 2.15 months.

Key Metrics:

  • Median Sales Price: $410,000 (up 9.63%)
  • Average Price per Square Foot: $230

Knoxville’s limited inventory suggests a continuing trend of rising home prices, driven by strong demand and insufficient supply.

County Breakdown

Roane County

  • Inventory Up: 22.6%
  • Median Sales Price: $340,000 (up 27.10%)

Knox County

  • Inventory Up: 34.3%
  • Median Sales Price: $400,000 (up 9.51%)

Anderson County

  • Inventory Up: 19.7%
  • Median Sales Price: $333,500 (up 17.02%)

Loudon County

  • Inventory Up: 47.6%
  • Median Sales Price: $629,000 (up 25.81%)

Sevier County

  • Inventory Up: 28.57%
  • Median Sales Price: $502,500 (down 1.48%)

Blount County

  • Inventory Up: 35.6%
  • Median Sales Price: $410,000 (up 12.3%)

Market Trends and Predictions

As we head into the end of the year, several factors will influence the Knoxville and East Tennessee housing markets:

  1. Interest Rates: Rising rates continue to impact affordability and buyer behavior.
  2. Inventory Levels: While inventory is up, it remains below pre-pandemic levels, keeping pressure on prices.
  3. Migration Patterns: Tennessee’s appeal due to its cost of living and quality of life continues to attract new residents, bolstering demand.

Conclusion

The Knoxville and East Tennessee real estate markets are navigating a complex landscape of increased inventory, rising prices, and changing buyer dynamics. For potential buyers and sellers, understanding these trends is crucial for making informed decisions.

If you’re considering buying or selling a home in Knoxville or East Tennessee, contact us at Cornerstone Realty Associates for expert guidance tailored to your needs.

Stay tuned for more updates as we continue to monitor the local real estate market. For personalized advice, reach out to Troy Stavros and the team at Cornerstone Realty Associates.

Stunning Custom Home Tour | Tellico Village Gem | Tennessee Luxury Real Estate – 182 Oostanali Way

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182 Oostanali Way, Loudon, TN 37774

$699,900
Property Type: Single Family Bedrooms: 3 Square Footage: 2,219 Lot Size (sq. ft.): 16,117 Status: Pending - Continue to Show
Current Price: $699,900 List Date: 9/20/2024 Last Modified: 10/24/2024

Description

Discover your dream home at 182 Oostanali Way, Loudon, TN, nestled in the heart of Tellico Village. This custom-built masterpiece by Tyndale Construction offers the perfect blend of luxury, comfort, and resort-style living. Exquisite Design and Craftsmanship: Step into this 3-bedroom haven featuring 2 custom luxury baths, each boasting walk-in showers with no-step entry, custom shower systems, upgraded hardware, and elegant marble countertops. The gourmet kitchen showcases quartz countertops, a quartz backsplash, and a pot filler above the stove, perfect for the culinary enthusiast. Stainless steel appliances come with a 3-year warranty, ensuring peace of mind. Open Concept Living: The oversized kitchen island overlooks a stunning family room with vaulted ceilings and a custom tile floor-to-ceiling fireplace, creating an ideal space for entertaining. Upgraded casement windows with noise-reducing glass throughout the home provide tranquility and energy efficiency. Unparalleled Attention to Detail: Enjoy the convenience of an oversized butler's pantry and laundry room, both featuring quartz countertops. The home's 2x6 exterior framing adds strength and superior insulation, while the stunning roof pitch and design, coupled with painted brick front and courtyard garage, create impressive curb appeal. Outdoor Living at its Finest: Relax on the 29-foot screened porch, perfect for taking in the beauty of Tellico Village. The extra-large lot boasts a spacious open area to the side, ideal for outdoor activities or future expansions. An oversized driveway provides ample space for entertaining guests. Garage and Storage: The insulated 3-car garage features 8-foot doors, a state-of-the-art camera WiFi system, and extra depth to accommodate your boat or golf cart. Bring all your toys and enjoy easy access to Tellico Lake! Prime Location: Centrally located in Tellico Village, you're just minutes away from world-class amenities including championship golf courses, pristine lakes, shopping, and more. Embrace the active lifestyle that Tellico Village offers, from water sports to social clubs and fitness centers. Landscaping: Enjoy the natural beauty of Weeping Willow and Fig trees on the property, adding charm and character to your outdoor space. Don't miss this opportunity to own a true custom luxury home in one of Tennessee's most desirable communities. Experience the perfect balance of elegant design, modern convenience, and resort-style living at 182 Oostanali Way. Schedule your private tour today and start living your dream in Tellico Village!

More Information MLS# 1277126

Location Tax Legal Info

House #: 182 Street Name: Oostanali St Suffix: Way State/Province: TN Zip Code: 37774 Property Sub-Type: Residential PIN #: 058E G 024.00 Subdivision: Toqua Hills Geo Lat: 35.686003 Geo Lon: -84.262517

Contract Info

Auction Y/N: No Listing Price: 699900 Current Price: $699,900 Status: Pending - Continue to Show Listing Date: 2024-09-20

General Property Description

Type: Ranch Acres: 0.37 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 2219 SqFt - Main Lvl: 2219 # Bedrooms: 3 Baths - Full: 2 # of Rooms: 7 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: Mandatory HOA Fee: 176.24 HOA Freq: Monthly HOA Contact: https://www.tellicovillagepoa.org/ Year Built: 2024 Bonus Room: No

Status Change Info

Status Change Date: 2024-10-24 Under Contract Date: 2024-10-24

Property Features

Style: Traditional Construction: Frame - Brick Siding: Brick; Vinyl Basement: Crawl Space Lot Description: Level; Wooded View: Wooded Fireplace: Gas Log Floors: Tile; Vinyl Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Den/Study; Extra Storage; Family Room; Great Room; Laundry/Utility; Mstr Bdrm Main Level; Office; Split Bedroom Misc Features: Cathedral Ceiling; Internet Available; Island in Kitchen; Pantry; Trey Ceiling; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Cable Available (TV Only); Deck; Irrigation System; Porch - Covered; Porch - Enclosed; Porch - Screened; Prof Landscaped; Windows - Insulated Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Architect Restricted; Club House; Dock; Exercise Room; Golf Course; Lake/Water Access; Picnic/Barbeque Area; Putting Greens; Rec Facilities; Swimming Pool; Tennis Courts; Other - See Remarks Association Fee Incl: All Amenities Showing: See Agent Instructns New Financing: Cash; Conventional; New Loan; VA Loan
Listing Office: CornerStone Realty Associates
Office Phone: 865-966-9700
Last Updated: October - 24 - 2024
182 Oostanali Way, Loudon, TN 37774- MLS# 1277126
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Search powered by FBS Products

Discover your dream home at 182 Oostanali Way, Loudon, TN, nestled in the heart of Tellico Village. This custom-built masterpiece by Tyndale Construction offers the perfect blend of luxury, comfort, and resort-style living.

Exquisite Design and Craftsmanship

Step into this 3-bedroom haven featuring 2 custom luxury baths, each boasting walk-in showers with no-step entry, custom shower systems, upgraded hardware, and elegant marble countertops. The gourmet kitchen showcases quartz countertops, a quartz backsplash, and a pot filler above the stove, perfect for the culinary enthusiast. Stainless steel appliances come with a 3-year warranty, ensuring peace of mind.

Open Concept Living

The oversized kitchen island overlooks a stunning family room with vaulted ceilings and a custom tile floor-to-ceiling fireplace, creating an ideal space for entertaining. Upgraded casement windows with noise-reducing glass throughout the home provide tranquility and energy efficiency.

Unparalleled Attention to Detail

Enjoy the convenience of an oversized butler’s pantry and laundry room, both featuring quartz countertops. The home’s 2×6 exterior framing adds strength and superior insulation, while the stunning roof pitch and design, coupled with painted brick front and courtyard garage, create impressive curb appeal.

Outdoor Living at its Finest

Relax on the 29-foot screened porch, perfect for taking in the beauty of Tellico Village. The extra-large lot boasts a spacious open area to the side, ideal for outdoor activities or future expansions. An oversized driveway provides ample space for entertaining guests.

Garage and Storage

The insulated 3-car garage features 8-foot doors, a state-of-the-art camera WiFi system, and extra depth to accommodate your boat or golf cart. Bring all your toys and enjoy easy access to Tellico Lake!

Prime Tellico Village Location

Centrally located in Tellico Village, you’re just minutes away from world-class amenities including championship golf courses, pristine lakes, shopping, and more. Embrace the active lifestyle that Tellico Village offers, from water sports to social clubs and fitness centers.

Landscaping

Enjoy the natural beauty of Weeping Willow and Fig trees on the property, adding charm and character to your outdoor space.

Don’t miss this opportunity to own a true custom luxury home in one of Tennessee’s most desirable communities. Experience the perfect balance of elegant design, modern convenience, and resort-style living at 182 Oostanali Way.

Schedule your private tour today and start living your dream in Tellico Village! Contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 today!

Luxurious Modern Living in Tellico Village – Home for sale at 134 Kawga Way, Loudon, TN 37774

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134 Kawga Way, Loudon, TN 37774

$539,900
Property Type: Single Family Bedrooms: 3 Square Footage: 1,710 Lot Size (sq. ft.): 10,454 Status: Active
Current Price: $539,900 List Date: 5/26/2024 Last Modified: 8/24/2024

Description

Welcome to your dream home, built in 2022 and enhanced with over $50,000 in stunning landscaping. This better-than-new, single-level residence offers 3 bedrooms and 2 baths within an open floor plan designed for both comfort and elegance. Step into the heart of the home: a chef's kitchen boasting upgraded black stainless appliances, including double ovens, a gas cooktop, refrigerator, and dishwasher. The kitchen features exquisite leathered granite countertops and a large walk-in pantry, seamlessly flowing into a vaulted family room adorned with a stone fireplace. The spacious owner's suite is a true retreat, with a custom tile shower with a glass door, double sinks, and a large walk-in closet. Additional conveniences include a dedicated laundry room and a smart home package with a Nest Thermostat, Ring Doorbell, and Simplisafe alarm system. Outdoor living is equally impressive, with a covered porch, paver patio, gas grill connected to a buried propane tank, and a cozy firepit for year-round enjoyment. The 3-car garage includes a workshop area and an extra parking pad in the front. This home's prime location offers walking access to shopping, churches, and restaurants, and it's just minutes from recreation centers and the lake. Nestled in the vibrant Tellico Village, you'll enjoy lifestyle amenities such as walking trails, a recreation center with an indoor pool, a wellness center with an outdoor pool, tennis courts, pickleball, a beach area, a marina, a yacht club, and much more! Don't miss the opportunity to make this exceptional property your own. Schedule your private showing today and experience the best of modern living in Tellico Village!

More Information MLS# 1263679

Location Tax Legal Info

House #: 134 Street Name: Kawga St Suffix: Way State/Province: TN Zip Code: 37774 Property Sub-Type: Residential PIN #: 058D D 021.00 Subdivision: Chota Hills Geo Lat: 35.696227 Geo Lon: -84.258767

Contract Info

Auction Y/N: No Listing Price: 539900 Current Price: $539,900 Status: Active Listing Date: 2024-05-22

General Property Description

Type: Ranch Acres: 0.24 Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1710 SqFt - Main Lvl: 1710 # Bedrooms: 3 Baths - Full: 2 # of Rooms: 6 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: Mandatory HOA Fee: 176.24 HOA Freq: Monthly HOA Contact: 865-458-5408 Year Built: 2022 Bonus Room: No

Status Change Info

Status Change Date: 2024-05-26

Property Features

Style: Traditional Construction: Block; Frame Siding: Stone; Vinyl Basement: Slab Lot Description: Golf Community; Level; Rolling Slope Fireplace: Gas Log; Stone Floors: Tile; Vinyl Fuel: Electric; Propane Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Dryer; Gas Grill; Gas Stove; Microwave; Range; Refrigerator; Security Alarm; Self Cleaning Oven; Smoke Detector; Washer Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level; Split Bedroom; Workshop Misc Features: Cathedral Ceiling; Internet Available; Pantry; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Irrigation System; Patio; Porch - Covered; Prof Landscaped; Windows - Insulated Dining Area: Living Rm/Dining Rm Community Amenities: Architect Restricted; Boat Ramp; Club House; Dock; Exercise Room; Golf Course; Picnic/Barbeque Area; Playground; Putting Greens; Rec Facilities; Swimming Pool; Tennis Courts; Other - See Remarks Association Fee Incl: Some Amenities Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; VA Loan

Room Information

Family Room Kitchen Dining Room Master Bedroom Bedroom 2 Bedroom 3 Utility Room Garage
Listing Office: CornerStone Realty Associates
Office Phone: 865-966-9700
Last Updated: August - 24 - 2024
134 Kawga Way, Loudon, TN 37774- MLS# 1263679
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Search powered by FBS Products

Welcome to your dream home, built in 2022 and enhanced with over $50,000 in stunning landscaping. This better-than-new, single-level residence offers 3 bedrooms and 2 baths within an open floor plan designed for both comfort and elegance.

Step into the heart of the home: a chef’s kitchen boasting upgraded black stainless appliances, including double ovens, a gas cooktop, refrigerator, and dishwasher. The kitchen features exquisite leathered granite countertops and a large walk-in pantry, seamlessly flowing into a vaulted family room adorned with a stone fireplace.

The spacious owner’s suite is a true retreat, with a custom tile shower with a glass door, double sinks, and a large walk-in closet. Additional conveniences include a dedicated laundry room and a smart home package with a Nest Thermostat, Ring Doorbell, and Simplisafe alarm system.

Outdoor living is equally impressive, with a covered porch, paver patio, gas grill connected to a buried propane tank, and a cozy firepit for year-round enjoyment. The 3-car garage includes a workshop area and an extra parking pad in the front.

This home’s prime location offers walking access to shopping, churches, and restaurants, and it’s just minutes from recreation centers and the lake. Nestled in the vibrant Tellico Village, you’ll enjoy lifestyle amenities such as walking trails, a recreation center with an indoor pool, a wellness center with an outdoor pool, tennis courts, pickleball, a beach area, a marina, a yacht club, and much more!

Don’t miss the opportunity to make this exceptional property your own. Contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 to schedule your private showing today and experience the best of modern living in Tellico Village!

Tellico Village Real Estate Market Update: Trends and Insights for February 2024

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CLICK HERE TO SEE ALL TELLICO VILLAGE HOMES FOR SALE

As your local real estate experts at Cornerstone Realty Associates in Knoxville, we’re thrilled to bring you the latest insights into the Tellico Village housing market as of February 2024. Whether you’re considering buying a dream home in this vibrant community or selling your property, understanding the current market trends is crucial. Let’s dive into the latest data and see what it means for you.

Rising Home Sales and Pending Sales in Tellico Village

In an encouraging sign for the Tellico Village real estate market, home sales have risen by 4.8% year-over-year, with 22 homes sold in February 2024. Pending sales also show a healthy uptick of 6.9%, totaling 31 pending sales for the month. These increases suggest a growing demand for homes in this beautiful lakeside community.

Inventory and New Listings in Tellico Village

Currently, the inventory of available homes in Tellico Village has decreased by 19.5% compared to last year, with only 70 homes on the market. However, new listings have slightly increased by 3%, reaching 34 new listings in February. This decrease in inventory alongside an increase in new listings indicates a competitive market, where buyers and sellers must act swiftly.

Median Sales Price and Market Demand in Tellico Village

The median sales price in Tellico Village has seen a significant increase of 14.57%, now at $630,000. This rise, along with an average sold price per square foot of $278, reflects the high demand and value of homes in the area. The absorption rate, which measures how quickly homes are sold, has decreased from 2.69 months to 2.38 months of inventory, further signaling a strong demand.

Seasonal Trends and Price Points in Tellico Village

As we move into spring, traditionally a period of increased activity in the real estate market, we anticipate further interest in Tellico Village properties. Despite the current low inventory, the sustained demand keeps the market dynamic. Interestingly, the $600,000 to $650,000 price range has emerged as particularly active, leading in sales, pending contracts, and new listings.

Conclusion

Tellico Village continues to be a sought-after location for homeowners seeking a blend of luxury, comfort, and community. With home prices closely aligning with listing prices and a bustling market in the $600,000 to $650,000 range, now is an opportune time to consider your next move in real estate, whether buying or selling.

CLICK HERE FOR ACCESS TO MY WEEKLY HOUSING MARKET REPORT ON LOUDON, TN (Never miss a beat, search for ANY city and/or zip of interest, and click “Subscribe” to receive an update each week.)

For personalized advice and assistance in navigating the Tellico Village real estate market, reach out to me, Troy Stavros at Cornerstone Realty Associates at 865-999-0925. I’m here to help make your real estate journey in Tellico Village as smooth and successful as possible.

Navigating the Tellico Village Real Estate Market: Insights for January 2024

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Click here to see homes for sale in Tellico Village

In the picturesque setting of Tellico Village, the real estate landscape is as dynamic as ever, reflecting both challenges and opportunities for buyers and sellers alike. The January 2024 market update reveals a nuanced picture of the local housing scene, marked by a blend of declining sales, increasing pending transactions, and a slight uptick in median sales prices, indicating a resilient yet shifting market environment.

A Brief Overview

  • Sales Trends: Compared to January 2023, home sales have seen a downturn of 19%, with a total of 17 homes sold. This decrease is partly attributed to adverse weather conditions impacting sales activities.
  • Pending Sales: A silver lining comes with a 7.1% increase in pending sales, showcasing a robust demand and a promising start to the year.
  • Inventory Dynamics: The inventory of available homes has contracted by 9.2%, presenting a tighter market with 79 homes listed for sale.
  • Pricing Movements: The median sales price has modestly grown to $615,000, a slight increase of 0.82% year-over-year, highlighting the village’s enduring appeal.

Market Segments and Demand

Analyzing sales by price points, the $600,000 to $700,000 range emerges as the hotspot, with the highest number of transactions. This trend aligns with the active inventory and new listings, most of which cluster within the $450,000 to $700,000 price brackets, suggesting a concentrated demand in this segment.

Future Outlook

The Tellico Village real estate market is characterized by a delicate balance of supply and demand, with an underlying strength in several price segments. For potential buyers and sellers, understanding these dynamics is crucial for making informed decisions. Whether you’re contemplating selling your property or searching for your dream home in Tellico Village, staying abreast of the latest market trends is key to navigating this landscape successfully.

In summary, Tellico Village continues to be a vibrant community for real estate activity, despite the ebbs and flows of market conditions. With its beautiful settings, robust community life, and the current market dynamics, it remains an attractive destination for those looking to buy or sell homes.

Key Takeaways for Buyers and Sellers:

  • Buyers: The competitive segments, particularly homes priced between $450,000 and $700,000, offer a range of options but demand swift action due to the fast absorption rate.
  • Sellers: Despite a general slowdown in sales, certain price ranges, notably the mid to upper tiers, are witnessing strong demand, suggesting that well-priced homes in these segments can expect significant interest.

For those looking to navigate the complexities of the Tellico Village real estate market, understanding these trends is crucial. Whether you’re considering buying a dream home in this vibrant community or selling your property amidst shifting dynamics, expert guidance can make all the difference.

This is where Troy Stavros and the team at CornerStone Realty Associates come into play. With deep insights into the local market and a commitment to personalized service, they are ideally positioned to help you make informed decisions. Whether you’re drawn to Tellico Village for its stunning landscapes, recreational opportunities, or friendly community, Troy and his team can provide the expertise you need to capitalize on the current market conditions.

If you’re looking to buy, sell, or simply explore your options in Tellico Village, don’t hesitate to reach out to Troy Stavros with CornerStone Realty Associates for more information. His knowledge and experience can be your compass in the ever-evolving real estate landscape of Tellico Village.

Contact Troy Stavros at CornerStone Realty Associates today at 865-999-0925 to discuss how the latest market trends can influence your real estate decisions and how to best navigate the opportunities ahead.

Tellico Village Housing Market Update: December 2023 (plus a year in review)

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Understanding the Current Market Dynamics

As we close out 2023, it’s essential to reflect on the real estate trends in Tellico Village. The year has been an interesting one for both buyers and sellers in this vibrant community. This article offers a comprehensive overview of the housing market in Tellico Village as of December 2023, comparing it to the previous year’s data and understanding the implications for those looking to buy or sell in this area.

Year-Over-Year Analysis

The data from December 2023 offers valuable insights when compared to December 2022. Understanding these trends is crucial for homeowners considering selling their property and potential buyers planning to invest in Tellico Village.

Market Trends: We’ve seen significant shifts in the market dynamics from December 2022 to December 2023. These changes provide a clear picture of the current market state and what to expect in the upcoming months.

Comparative Analysis: By juxtaposing last month’s data with the latest figures, we offer a detailed analysis of the market’s trajectory. This comparison is critical for making informed decisions in the real estate sector.

Key Metrics and Their Implications

The detailed breakdown of the December 2023 data sheds light on crucial market metrics:

Housing Prices: Whether there has been an increase or decrease in the average home prices in Tellico Village.

Inventory Levels: The number of available properties and how it compares to previous periods.

Market Demand: Insights into buyer demand and how it’s shaping the market.

Sales Trends: Analysis of sales figures, including the number of homes sold and the average time on the market.

What This Means for You For Sellers: Understanding these metrics helps in strategically positioning your property in the market. Whether it’s pricing, timing, or marketing, the data guides sellers in making effective decisions.

For Buyers: Potential buyers can gauge the best time to make a purchase based on market trends. This information is vital in negotiating deals and finding the right property.

For Current Homeowners: Stay informed about your property’s value and the overall health of the Tellico Village real estate market.

Conclusion

As we move into 2024, staying informed about the Tellico Village housing market is essential. Whether you’re looking to buy, sell, or simply keep up with market trends, understanding the current dynamics is key. For more detailed information and personalized advice, feel free to contact Troy Stavros at Cornerstone Realty Associates today at 865-999-0925.

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