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Williamson County TN Statistics....Median prices for single family homes are UP!

By
Real Estate Agent with Keller Williams Realty
I know we've said this before, but if you've ever considered purchasing a home, the time is now!


April 2009 Housing Sales
 

May 7, 2009 (Franklin, TN)-The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of April. There were 192 residential and condominium closings reported for the month, according to figures provided by RealTracs® Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to April of 2008, the residential home closings decreased 23 percent and the median prices for residential homes increased by 10 percent. Days on the market (DOM) for residential homes increased by 25 days as compared to April 2008. Condominium closings decreased by 29 percent. The median prices for condominiums decreased by 4 percent and days on the market decreased by 12 days compared to April 2008.

 

April 2009

Closings

Median Price

Average Price

DOM

Residential

177

 $      380,000

 $       466,520

          99

Condominium

15

 $      160,000

 $       185,052

          51

April 2008

 

Closings

Median Price

Average Price

DOM

Residential

229

 $      345,000

 $        418,653

    74

Condominium

21

 $      166,300

 $        190,443

    63

April 2007

 

Closings

Median Price

Average Price

DOM

Residential

308

 $      391,200

 $       462,038

          65

Condominium

36

 $      224,995

 $       227,367

          80

April 2006

 

Closings

Median Price

Average Price

DOM

Residential

378

 $      322,000

 $        398,088

    48

Condominium

50

 $      140,900

 $        175,642

    38

"The market is picking up for spring as buyers are continuing to write contracts on properties that they anticipate closing on over the next 60-90 days. The increase in median price is a good indication that buyers and sellers understand current market conditions and the availability of a great selection at our market prices. We continue to outperform other areas of the country in direct result to our strong local economy and great community amenities," said Diane Johnson, 2009 President of the Williamson County Association of REALTORS®. 


The Williamson County Association of REALTORS® is the professional board of choice for the real estate industry in Williamson County. Established in 1962, the association provides professional development and support services for real estate professionals. The association has over 1,450 members and is headquartered in Franklin, Tn.
 
april 09
april 2009 
   
This information is for use by members of WCAR. Any unauthorized distribution of this information is subject to penalty. To download a PDF version of this information, visit our web site.
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Beth Torrence, Broker, ABR, GRI
Keller Williams Realty
MAPS Coach
9175 Carothers Parkway
Franklin, TN 37067
615-403-6736 Phone
615-690-8994 Fax

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