Some very good news to report; home sales throughout Coffee County are up. The average sales price of a home in the Coffee County real estate market for January 1 to September 30, 2012 is $122,908. The average days on the market are 119. The average size home sold in Coffee County, TN year to date 2012 was 1867 square feet. 381 residential properties have sold during this time period. There are currently 447 Coffee County homes for sale. There has been a 21% increase in the number of sales in Manchester this year versus the same time period in 2011.
Average sales price of a home in the Manchester market for January 1 to September 30, 2012 is $126,356. The average days on the market are 118. The average size home sold in Manchester, TN in 2012 is 1865 square feet. 187 residential properties have sold during this time period. There are currently 225 Manchester homes for sale. There has been a 33% increase in the number of sales in Manchester, TN this year versus the same time period in 2011.
Average sales price of a home in the Tullahoma real estate market for January 1 to September 30, 2012 is $121,928. The average days on the market are 126. The average size home sold in Tullahoma in 2012 is 1870 square feet. 213 residential properties have sold during this time period. There are currently 222 Tullahoma home for sale. There has been a 29% increase in the number of sales in Tullahoma this year versus the same time period in 2011.
According to experts, the numbers are showing a slight turn-around in the local economy.