SHOALS MARKET REPORT 2017 vs 2018

    Shoals Area Market is trending up heading into 2019!!! We will provide you with a brief snapshot of the SOLD market in 2017 compared to 2018.

    Jan 1 2017 – Dec 31 2017

    Residential Homes Sold: 1819 Units for $272,285,366

    Land Sold: 193 Units for $17,089,246

    Commercial Sold: 51 Units for $8,180,640

     

    Jan 1 2018 – Dec 31 2018

    Residential Homes Sold: 1988 Units for $321,481,466

    Land Sold: 167 Units for $14,760,882

    Commercial Sold: 52 Units for $7,963,066

     

    What sticks out to me is the average sales price of residential homes in 2017 was $149,689 compared to $161,710 in 2018. This is fantastic news for all home owners in the Shoals Area.

     

    THANK YOU for taking the time to read this article. I hope this provided some Value and helps shine some postive light on our Shoals Area economy.

    The Dustin Holden Team

    Coldwell Banker Elite

     

     

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