Willaimson County Tennessee March 2010 Sales Figures

Williamson County Association of REALTORS® Announces March 2010 Sales Statistics

April 8, 2010 (Franklin, TN) - The Williamson County Association of REALTORS® announces the statistics for home sales in Williamson County, TN for the month of March 2010. There were 235 residential and condominium closings reported during this period according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle Tennessee region.

The number of single-family residential closings increased by over forty (40) percent compared to March 2009, while the median sales price experienced a slight decrease of three (3) percent. The median is a typical market price where half of all homes sold for more and half sold for less. The average days on the market (DOM) for residential homes increased by eight (8) days compared to the same period last year.

Click on Monthly Sales Report- March 2010 to view the pdf version.




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March 2010

Closings Median Price Average Price DOM
Residential 219 $345,000 $395,357 99
Condominium 16 $215,250 $242,775 128


March 2009

Closings Median Price Average Price DOM
Residential 152 $357,500 $421,664 91
Condominium 17 $190,000 $196,483 134


March 2008

Closings Median Price Average Price DOM
Residential 243 $375,000 $439,809 83
Condominium 30 $209,404 $212,124 58


March 2007

Closings Median Price Average Price DOM
Residential 340 $380,000 $456,587 67
Condominium 53 $181,990 $203,859 41


March 2006

Closings Median Price Average Price DOM
Residential 401 $327,402 $402,950 51
Condominium 51 $137,000 $163,395 33

Williamson County Tennessee November Home Sales Figures

Williamson County Association of Realtors® Announces November 2007 Home Sales
Williamson County Association of REALTORS® Announces November Housing Numbers
December 10, 2007 (Franklin, TN)-The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of November 2007. There were 278 residential and condominium closings reported for the month of November, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.
Compared to November of 2006, the single family residential closings decreased 20 percent and the median price decreased by 9 percent. Condominiums closings have increased by 30 percent and the median price increased by 16 percent. The decrease in the median price appears to be tied to a decrease in the number of homes in the over $1 million range closing in November. The average days on the market (DOM) for residential homes have increased by 14 days and condominiums have increased by 17 days. Days on the market have been consistent since the onset of 2007, with the days ranging from 58 - 68 days. Median prices have remained consistent since January 2007, ranging from $365,000 to $391,200. The median is a typical market price where half of the homes sold for more and half sold for less.
November 2007

Closings
Median Price
Average Price
DOM
Residential
247
$ 365,000
$ 427,205
69
Condominium
31
$ 219,990
$ 227,241
40
November 2006

Closings
Median Price
Average Price
DOM
Residential
308
$ 401,700
$ 466,644
55
Condominium
24
$ 189,890
$ 219,234
23
November 2005

Closings
Median Price
Average Price
DOM
Residential
398
$ 296,072
$ 370,150
50
Condominium
52
$ 152,920
$ 167,229
27
"The National subprime mortgage crisis peaked in September when many of the sales closed in November were being negotiated, which may explain some of the market change. Dr. Lawrence Yun, chief economist with the National Association of Realtors recently predicated that high-cost markets with many jumbo loans would show a slow down due to the mortgage crisis.