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Mike Frazier
Dyersburg, TN 38024
Phone: 731-589-7841
Email: mike@dyersburgrealestate.com

Thank you for visiting today. If this is your first visit, take your time and look around. I have plenty of information and resources available to you. If you are a return visitor, thank you. I would love to hear from you and tell you how I can serve all your real estate needs.

Dyersburg Real Estate Information

More Jobs Coming To Dyersburg Tennessee

There are more jobs coming to Dyersburg Tennessee. A new company named Frazier Industrial(great name) just announced that they have selected Dyersburg where they plan to build a state of the art manufacturing facility.

Their plan is to complete construction in 2018 and hire 120 people. Carlos Oliver the CEO of the company stated at the announcement that one factor that helped their decision to build here is the Tennessee General Assembly passed a new law(Improve Act) that was signed last month that will give manufacturing companies the option to use a single weighted sales factor which is a new form of tax break. I expect that many more manufacturing companies will also start relocating to Tennessee and also to Dyersburg.

If you are moving to Dyersburg with this company or with hopes to get hired by this company please consider using my real estate firm Carousel Realty. We offer short term and long term rental housing as well as assisting with your home purchase. We can be contacted at 731-285-2277.

Here is a link to an article about this announcement.

This Reelfoot Lake Log Home Drastically Reduced

If you have ever wanted to buy a Reelfoot Lake home now is your chance! We started out pricing this home at $389,000 and are now at $299,900. It was appraised 2 years ago for $350,000 but when I listed it 9 months ago my valuation showed $330,000.

This 3 bedroom 2 bath log home was built in 1990 and had a couple of additions and a new roof. you have to view this home to believe it. there is a nice boat house that will accommodate a pontoon boat.

The owner is now motivated so don't wait to call me to look. 731-589-7841

Dyersburg Real Estate Market Statistics Sept-Nov 2016 vs 2015

Here is a snapshot of the Dyersburg real estate market statistics for September-November 2016 compared to same period in 2015.

These numbers are for all of Dyer County including Dyersburg and Newbern. These numbers include all sales of residential, lots, land, commercial, industrial, and multi family.

                          2016 (Sept-Nov)                                     2015(Sept-Nov)
Total units listed        102                                                         163
Total sold                    77                                                           93
Percent sold           75.49%                                                  57.41% 

From these numbers it appears the market was better in 2015 but notice the inventory of listings dropped from 163 to 102. Also, the average sales price increased from $111,856 in 2015 to $116,835 in 2016. The average days on the market in 2015 was 118 and that dropped dramatically in 2016 to 87.

Last year there were many foreclosures listed and sold and that number has dropped dramatically. My take on the current real estate market is inventories are dropping(due to sales increasing) and sales prices are increasing. There are still some properties on the market that have been listed for quite some time(like my 1591 Laura Lane) but many are selling as prices are rising. The Laura Lane house is reduced to $249,900 so it too should sell very soon.

Dyersburg is getting new industries and consumer confidence since the election is soaring.

2017 might just be our best year ever for the Dyersburg real estate market!

ABR - Accredited Buyer Representativee-PROGRI - Graduate, REALTOR® Institute