Mount Juliet Home Prices Rebound, Outperforming Hendersonville, TN
Mt. Juliet Home Prices are on the rebound and outperforming Hendersonville. One year ago Hendersonville home prices were $20,000 above Mt. Juliet. Now it appears that Mt. Juliet home prices have caught up. In this latest Nashville Market Report, Mt. Juliet homes appear to be just $2,000 below the Hendersonville Median Price.
As you can see from the chart, both Mt. Juliet and Hendersonville home values are below where they were 1 year ago. But they appear to have hit bottom in May and are now moving upward.
Although both area are trending up Mt. Juliet is outperforming Hendersonville in the rebound. Part of this is because Mt. Juliet homes did not lose as much value. But there are two points to be made here.
1. The reboundĀ in home values started sooner in Mt. Juliet. Home prices began to rise about 6 weeks before Hendersonville.
2. The rebound is clearly stronger for Mt. Juliet Home values over Hendersonville. At this rate Mt. Juliet Homes will e more expensive than homes in Hendersonville within a few months.
To get our free Market statistics for your Nashville area community use this link:
Online Nashville Market Reports
Recent Comments