Sunday, November 22, 2009

Chattanooga Real Estate Market Statistics for Catoosa County, Georgia - October 2009

Real Estate Market Update for:

Catoosa County, Georgia

Including the cities of Ringgold and Fort Oglethorpe

Data gathered for October 1 – October 31, 2009

New Listings

In October, 90 single family home listings in Catoosa County were added to the inventory of homes for sale. This was a 17.78% increase from September 2009 and an increase of 4.44% from October last year.

Pending Sales

27 homes in Catoosa County received a pending status in October. This was 3.7% less than was pending sales the same month in the year prior.

Sold Listings

50 homes closed in Catoosa County in October. This was a 30% increase from September 2009 and a 28% increase from October last year.

Average Sold Price

In October, single family homes that sold in Catoosa County sold at an average of $137,299 which was a 5.72% decrease from last month and a decrease of 6.42% when compared to the same month last year.

Days on Market

Of the homes which closed in October in Catoosa County, the average days on market were 95, a 24.2% decrease from a year prior and 13.68% decrease from last month.

Information has been compiled from data of the Chattanooga MLS. Information is deemed reliable but is not guaranteed.