Market Update

Lookout Mountain

Q1 2026

Residential Property Snapshot

Single Family Homes & Condos | Q1 2026
Med. Sales Price
$1.13m
26% more than in
Q1 2025
Avg. Days On Market
55
8% fewer than in
Q1 2025
Closed Sales
12
29% fewer than in
Q1 2025
Inventory
8
Data unavailable for
Q1 2025
Closed
New
Inventory

Closed Sales by Price

  • Single Family Homes
  • Condos
 |  Q1 2026
Closed Sales by Price — underlying data
Closed Under $1m41.7%
Q1 '265
Q1 '2511
1YR CHANGE-55%
Closed $1m - $2m50.0%
Q1 '266
Q1 '255
1YR CHANGE+20%
Closed $2m - $3m8.3%
Q1 '261
Q1 '251
1YR CHANGE0%
Closed Over $3m0.0%
Q1 '260
Q1 '250
1YR CHANGEn/a
By Year
By Price

Market Data by Year

  • Single Family Homes
  • Condos

 |  Q1 2026

Rotate your device to view as table
'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
n/a
New Listings
New Listings represents the number of properties listed during the quarter.
-5%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
n/a
Closed Sales
-29%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-8%

Data provided by Greater Chattanooga Association of REALTORS MLS. All information is deemed reliable but not guaranteed. Data is based on the closed date as of Mar 31, 2026 end of day. This report was last updated Apr 6, 2026.

©2026 Sotheby’s International Realty. All Rights Reserved. Sotheby’s International Realty® is a registered trademark. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.