Regency Park in Murfreesboro TN In A Seller's Market
By Sherri Berry, Murfreesboro TN Homes & Real Estate
(Reliant Realty, Murfreesboro)
Murfreesboro TN Home owners in Regency Park have reason to celebrate! Homes in this highly sought after neighborhood are currently in a SELLER’S MARKET based on the statistics for the period of July 1, 2011 through August 31, 2011! A buyers market is said to occur when more than 7 months of inventory of homes is available in a market. A seller’s market occurs when there is LESS than 6 months of inventory of homes in the market, and it is a neutral market with a 6 month supply. For the period of MARCH 9, 2011 through SEPTEMBER 9, 2011, there were 11 closed sales with an average sales price of $228,560 in Regency Park located in north Murfreesboro TN. Regency Park is highly sought because of it's convenient location, Siegel School Zones, charming architecture, and larger lots. D...
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