1. JULY 2014CHATTANOOGA MLS

2. MEDIAN SALES PRICE
CHATTANOOGA MLS
The Median Price for all homes sold in July was $154,500, which is 3% higher than
the median price in June and 1% higher than the price in July 2013.
JULY 2014
JULY 2013
$154,500
$153,000
1%
JULY 2014
$154,500
$120,000
$125,000
$130,000
$135,000
$140,000
$145,000
$150,000
$155,000
$160,000
Jul-13 Aug-13 Sep-13 Oct-13 Nov-
13
Dec-13 Jan-14 Feb-14 Mar-
14
Apr-14 May-
14
Jun-14 Jul-14

3. CLOSED TRANSACTIONS
CHATTANOOGA MLS
The Market Trend Report for July showed a 2% decrease in the number of Closed
Transactions over June and an 11% increase over sales in July 2013.
716
645
11%
JULY 2014
JULY 2013
JULY 2014
716
0
100
200
300
400
500
600
700
800
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14 Mar-
14
Apr-14 May-
14
Jun-14 Jul-14

4. DAYS ON THE MARKET
CHATTANOOGA MLS
The average Days on the Market for all homes sold in July was 123. This is 5 days
less than the average number of days in June and no change from July 2013.
0%
123
123
JULY 2014
JULY 2013
JULY 2014
123
0
20
40
60
80
100
120
140
160
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14Mar-14 Apr-14 May-
14
Jun-14 Jul-14

5. MONTHS SUPPLY OF
INVENTORY
CHATTANOOGA MLS
The number of Months Supply of Inventory at the end of July was 6.6 which a 3%
decrease from June and a 6% decrease from July 2013.
6.6
7.0
6%
JULY 2014
JULY 2013
JULY 2014
6.6
0.0
2.0
4.0
6.0
8.0
10.0
12.0
Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Jan-14 Feb-14Mar-14 Apr-14 May-
14
Jun-14 Jul-14

6. Description
The Market Trend Report is distributed each month on or about the 15th.
The Report is based on data provided by Terradatum from the local
Chattanooga Multiple Listing Service and is not annualized. While MLS
and Terradatum data are believed to be accurate, it cannot be
guaranteed. MLS data is constantly being updated, making any analysis
a snapshot at a particular time. Data for prior periods is not being
recalculated for this report.
Definitions
Median Sales Price is the median price of all residential properties sold
during the month. Closed Transactions are the number of residential
transactions closed during the given month. Days on the Market is the
number of days that pass from the time a property is listed until the
property goes under contract for all residential properties sold during the
month. Months Supply of Inventory is the total number of residential
properties listed for sale at the end of the month (active inventory)
divided by the number of sales contracts signed (pended) during the
month).