Mercer Market Trends
Mercer Summary
The median sales price for homes in Mercer TN for Aug 09 to Oct 09 was $220,000. This represents an increase of 494.6%, or $183,000, compared to the prior quarter and an increase of 300.7% compared to the prior year. The average listing price for Mercer homes for sale on Trulia was $193,722 for the week ending Nov 18, which represents an increase of 3.9%, or $7,303, compared to the prior week and a decline of 15.3%, or $35,065, compared to the week ending Oct 28.
Average price per square foot for Mercer TN was $121, an increase of 168.9% compared to the same period last year.
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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