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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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