The number of homes going under contract again, steadily increases week over week. Last week we had 32 homes go under contract this week it is 53, a 60% increase. This week's average list price was $400,000 up from last week's $382,000.
Pending 53 Properties Found |
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|
Square Feet |
Bedrooms |
Full Baths |
Half Baths |
List Price |
Sales Price |
Days on Market |
MIN |
983 |
2 |
1 |
0 |
$129,900 |
$0 |
0 |
AVG |
2,996 |
3.85 |
2.6 |
0.81 |
$400,578 |
$0 |
68 |
MEDIAN |
2,884 |
4 |
2 |
1 |
$349,900 |
$0 |
60 |
MAX |
6,665 |
7 |
7 |
2 |
$1,799,900 |
$0 |
272 |
The number of homes that closed was down from the week before, which makes sense as many want to close at the end of the month. The average sales price was 94% of asking price. This percentage drop may indicate that listing agents are again listing the homes higher as the market heats up. The problem, the asking price needs to be closer to the selling price, as it was in last week's 97% of asking price.
Closed 19 Properties Found |
|||||||
|
Square Feet |
Bedrooms |
Full Baths |
Half Baths |
List Price |
Sales Price |
Days on Market |
MIN |
1,750 |
0 |
2 |
0 |
$219,900 |
$215,000 |
33 |
AVG |
3,090 |
3.58 |
2.68 |
0.84 |
$429,378 |
$402,805 |
134 |
MEDIAN |
2,751 |
4 |
3 |
1 |
$359,900 |
$350,000 |
109 |
MAX |
5,120 |
5 |
4 |
1 |
$849,900 |
$760,800 |
340 |
The number of houses that had their listings expire totaled 29, with the average listing price being $523,122.
Expired 29 Properties Found |
|||||||
|
Square Feet |
Bedrooms |
Full Baths |
Half Baths |
List Price |
Sales Price |
Days on Market |
MIN |
1,360 |
2 |
2 |
0 |
$158,500 |
$0 |
29 |
AVG |
3,465 |
3.9 |
2.97 |
0.72 |
$523,122 |
$0 |
128 |
MEDIAN |
3,086 |
4 |
3 |
1 |
$439,900 |
$0 |
118 |
MAX |
7,797 |
5 |
6 |
2 |
$1,499,900 |
$0 |
274 |
The number of properties that were withdrawn from the market totaled 66 for the week, with the average asking price being $584,419.
Withdrawn 66 Properties Found |
|||||||
|
Square Feet |
Bedrooms |
Full Baths |
Half Baths |
List Price |
Sales Price |
Days on Market |
MIN |
1,152 |
3 |
1 |
0 |
$89,000 |
$0 |
1 |
AVG |
3,774 |
4.14 |
3.14 |
0.89 |
$584,419 |
$0 |
140 |
MEDIAN |
3,747 |
4 |
3 |
1 |
$499,900 |
$0 |
115 |
MAX |
7,500 |
6 |
5 |
3 |
$1,725,000 |
$0 |
663 |
Breakdown by City
City |
Pending |
Closed |
Expired |
Withdrawn |
Total |
Arrington |
0 |
0 |
0 |
1 |
1 |
Brentwood |
12 |
6 |
0 |
18 |
36 |
College Grove |
0 |
0 |
1 |
|
1 |
Fairview |
2 |
0 |
1 |
2 |
5 |
Franklin |
24 |
10 |
11 |
29 |
74 |
Nashville |
1 |
0 |
0 |
2 |
3 |
Nolensville |
1 |
1 |
1 |
4 |
7 |
Thompsons Station |
4 |
0 |
4 |
0 |
8 |
Spring Hill |
9 |
2 |
1 |
10 |
22 |
Total |
53 |
19 |
19 |
66 |
|
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