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Home sales, prices pick up in Chattanooga

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CHATTANOOGA, TN. (Times Free Press) -- Home sales are heating up with the weather this year, pushing the totals so far this year to their best start in five years.

Chattanooga area Realtors sold 442 houses during February, up nearly 22 percent over the same month a year ago and 35.2 percent above the sales volume in January.

"This growth in sales, in comparison to last year, was in line with the number of pending transactions that we've seen since the first of the year," Mark Hite, president of the Greater Chattanooga Association of Realtors, said in a statement Wednesday.

February's median home price in Chattanooga was $124,450, or 3.7 percent more than in the same month a year ago.

Read more on the story from our news partners at the Chattanooga Times Free Press.

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