Category: Market Updates

January Market Updates
January Market Updates for Madison & Gibson County Every month, I expect there to be some kind of change in this crazy market – more inventory, things slowing down – something. But so far, every month… I’ve been wrong. January marks another month of low inventory, a fast moving market, and yes.. that’s right… we […]
August Market Updates
August Market Updates for Medina & Gibson County I bet everyone is about to be shocked by what I have to say… Are you ready? It’s a fast moving market, and we need houses. Oh, you’re not surprised? Me either… In Medina, homes are moving fast and competitively. We continue to see a rise in […]
Trends & Thoughts on West TN Real Estate, Fall 2020
Man, has it been a year already! Who knew that the year I finally decided to follow my passion of becoming a Realtor® we would end up having a pandemic…. as well as record high market prices and super low interest rates, all at the same time? This year has certainly been an interesting time […]
July Market Updates
July Market Updates for Jackson & Madison County I bet you guys already know what I’m about to say, but… That’s right, we need more houses, and it’s a sellers’ market. Surprise, surprise, am I right? In the month of July, we saw 120 new homes to market in the Jackson area, which is down […]
July Market Updates
July Market Updates for Medina & Gibson County Let’s just start this one off with the inevitable: We need more houses. That’s right, the trend continues with seeing too few homes on the market to keep up with the demand. In the month of July, we saw only 18 homes new to market in Medina, […]
June Market Updates
June Market Updates for Jackson & Madison County In Jackson and Madison County, we are seeing big signs that point towards a fast-moving market. First of all, our median price is up both in the city ($175,000, up 21%) and in the county ($173,000, up 19%.) We are also seeing several homes sold, at 144 […]
June Market Updates
June Market Updates for Medina & Gibson County Examining our market statistics for June, we are seeing a bit more movement in homes as we are moving further into the summer. In Gibson County, we saw 69 new homes to market (up 19% from 2019) as well as 75 homes sold (up 12% from 2019). […]
May Market Updates
May Market Updates for Jackson & Madison County For the month of May in the Jackson area, we are seeing nearly identical trends for both Jackson city limits and Madison County as a whole. We have fewer homes to market this year compared to 2019 (down 30% to 112 homes in Jackson and down 27% […]
May Market Updates for Medina & Gibson County
Looking at the statistics for the month of May, we are seeing similar trends to April in terms of it being a seller’s market. In Medina specifically, we are seeing a small increase in the average price of home at $210,900 (up 2% from last year) as well as an increase in the number of […]
April Market Trends for Jackson
Looking at the statistics for Jackson, we are seeing an average of 37 days on the market, which is down 46% from this time last year. This means that homes in Jackson are selling much quicker than they were last year. New homes to market is 92, which is 39% down from last year. This […]
April Market Trends for Medina and Gibson County
Looking at the statistics for Gibson County, average days on market is 49, which is actually up 8% from last year. This means homes are staying on the market just a little bit longer than they were a year ago. New homes to market is 60, which is 33% down, which also lends to homes […]