2020 Jackson Mid Year Market Report

2020 Jackson Mid Year Market Report

How’s the market?

At the start of every year, we pour through sales charts, look back at our goals, and check how we’ve done on our predictions for the past year. We do our best to prepare our agents for the new year. As we launch into 2020, we know that we’ve completed a year that was in all accounts better than expected.

We present you with our 2020 Jackson Mid Year Market Report.

2020 Jackson Mid Year Market Report

From an economic standpoint, there is no question that a year ago we were expecting higher interest rates and a slowing (not severe, but noticeable) of our real estate sales markets. This just didn’t happen in much of the country. Inventory throughout the Central West TN Association was down in the Jackson MSA a little over 7% and the average median sales price was up 13.4%.

We’re here for you. Feel free to reach out directly to your Nest Broker.

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