Exploring the 2024 Lakeway Area Real Estate Boom | Insights from TNRealEstateGal

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🏡 Welcome to the heart of the Lakeway area's real estate market! If you're pondering a move in 2024, you've landed at the right spot. 🌟 I'm Amy Shrader, your go-to real estate expert with Remax Real Estate Ten in Morristown, Tennessee, bringing you the latest and most crucial market trends and statistics.
In this video, we delve into the dramatic shifts in the housing market from the first half of 2023 to the same period in 2024, focusing on Cocke, Grainger, Hamblen, and Jefferson counties. Despite seeing a 16% decrease in home sales this year, with only 637 homes sold compared to 761 last year, there's a silver lining! The average days on market have significantly decreased, from 70 days to just 50 days. Moreover, average home prices have surged by 15%, climbing from $286,000 to a whopping $335,685.
🔥 What does this mean for you? For homeowners, this is fantastic news as your property value has likely increased, and your home could sell faster than ever before. For buyers, the market remains competitive, but with the right strategy and a dedicated agent by your side, your dream home is within reach.
💬 If you're thinking of buying or selling, or know someone who is, don't hesitate to share this video. Get in touch with me for personalized advice and support. Drop me a direct message or book a consultation through the link in the description.
👉 Don't forget to subscribe to TNRealEstateGal on KZbin for more insightful updates on the housing market in the Lakeway area. Your journey to real estate success starts here!
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