Williamson county real estate sales increased significantly in April 2016 to set a home sales volume record for the month of April, according to the monthly market report released today by the Williamson County Association of REALTORS® (WCAR). The total number of closed home sales for the month rose 19 percent to 474 compared to 398 in April 2015. Year-to-date closings in Williamson County are 1,527, representing a 13 percent increase over the 1,353 closings for the same perio
d last year. Total available residential inventory for a single-family home stood at 1,684 units at the end of April indicating a 4 month absorption rate based on April closings. Sales by Williamson County cities for the month
- Brentwood homes had 66 closings at a median price of $690,000
- College Grove had 9 closings at a median price of $498,175
- Fairview had 14 home sales at a median price of $202,750
- Franklin homes had 166 closings at a median price of $474,950
- 53 Nolensville homes sold at a median price of $424,000
- 73 Spring Hill homes closed at a median price of $326,591
- 54 Thompsons Station homes sold at a median price of $366,490
During the month of April, home sales in Spring hill were up 37% compared the April of 2015, Thompsons Station was up 17% and Nolensville was up 112%, while Brentwood was only up 4% and Franklin was down 12%. We know that lots are getting harder to find in Brentwood and Franklin, so developers and builders are moving into these other areas where they can build more affordable homes.
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