In SmartAsset’s yearly ranking, Bartlett, TN came in as the second healthiest housing market in the state. SmartAsset explains “a healthy housing market is both stable and affordable,” so the statistics that were used relate to the market’s stability, affordability, fluidity and risk. Below are some of the numbers that put Bartlett near the top of the list.
Average Years living in Home: 15 years
Average days on Market: 74.6
Homes Decreasing in Value: 6.4%
Average Homes with Negative Equity: 8.9%
Home Costs as % of Income: 19.2%
To read the article in full, please visit: http://www.bartlettareavision.com/news/bartlett-named-2-healthiest-housing-markets-in-tennessee