November 2023 Market Roundup

Key Market Indicators in the real estate industry for the week of November 6, 2023.
*Information gathered from Greater Chattanooga Association of Realtors.

Current Interest Rates:

30 yr. fixed 8.04%
15 yr. fixed 7.111%
30 yr. fixed VA 7.403%
30 yr. fixed FHA 7.446%

(source – Google.com)

2023 Interest Rates YTD Change (30 Year Fixed Rate Mortgage in the United States)

↑1.28%

Average time on market* :

32 days

Sold to list ratio (this indicates the percentage of list price that homes sold for on average)*

96.8%

Sold median list price*

$320,500

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