Sunday, October 18, 2009

Chattanooga Real Estate Statistics for Catoosa County Georgia -September 2009

Real Estate Market Update for Catoosa County, Georgia
Including the cities of Ringgold and Fort Oglethorpe
Data gathered for September 1 – September 30, 2009

New Listings

In September, 74 single family listings were added to the inventory of homes for sale in Catoosa County.  This was a 47.3% decrease from last month and a decrease of 56.8% from the same month last year.

Pending Sales

24 single family detached homes in Catoosa County received a contract in September. This was a 87.5% decrease from last month and a decrease of 58.3% from the same month last year.

Sold Listings

35 homes closed in Catoosa County in September. This was an 87.5% decrease from last month and a 58.3% decrease from the same month last year.

Average Sold Price

In September, single family homes that sold in Catoosa County sold at an average of $145,214 which was a 10.61% decrease from last month and a decrease of 19.11% when compared to the same month last year.

Days on Market

Of the homes which closed in September in Catoosa County, the average days on market were 159, which is a 30.18% increase from  a year prior of 111 days and up from 102 days or up 32.08% from last month.

Original Listing Price to Sold Price

Single family homes that sold in Catoosa County in September sold for 96.4% of listing price.  This was down from 97.05% for the same month last year and up from 95.0% of listing price for last month.