October 2009 Housing Information

  November 9, 2009 (Franklin, TN)-The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of October 2009. There were 239 residential and condominium closings reported for the month of October according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to October of 2008, the single family residential closings increased 10 percent and the median price decreased by 17 percent. Condominiums closings have increased by 39 percent and the median price decreased by 23 percent. The average days on the market (DOM) for residential homes have increased by 11 days. The median is a typical market price where half of the homes sold for more and half sold for less.  

 

 October 2009

Closings Median Price Average Price DOM
Residential 214  $      300,000  $       385,665 91
Condominium 25  $      180,000  $       201,165 111
October 2008
Closings Median Price Average Price DOM
Residential 195 $      362,350 $        440,270 80
Condominium 18 $      232,250 $        228,173 98

October 2007
  Closings Median Price Average Price DOM
Residential 256 $      385,225 $       451,472 58
Condominium 33 $      197,655 $       231,030 53
October 2006
  Closings Median Price Average Price DOM
Residential 427 $      375,000 $        455,567 51
Condominium 58 $      185,500 $        205,317 40
October 2005
  Closings Median Price Average Price DOM
Residential 412  $      285,000  $        363,267     53
Condominium 36  $      139,845  $        163,679     47


 

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Paul Moye, Broker, ABR, GRI, CSP, SRES

Franklin, TN

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Keller Williams Realty Franklin

Address: 9175 Carothers Parkway, Suite 110, Franklin, TN, 37067

Office Phone: (615) 778-1818

Cell Phone: (615) 336-0382

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