February 2009 Home Sales

By
Real Estate Agent with Benchmark Realty TN 288457

The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of February 2009. There were 154 residential and condominium closings reported for the month of February, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to February of 2008, the single family residential closings decreased 14 percent and the median price remained the same. Compared to 2006, the median home prices have increased by 27 percent. The average days on market (DOM) for residential homes and condominiums has increased by 16 days. The median is a typical market price where half of the homes sold for more and half sold for less.

February 2009

Closings Median Price Average Price
Residential 141  $      385,000  $        444,094 93
Condominium 13  $      180,000  $        179,727 44

February 2008

  Closings Median Price Average Price DOM
Residential 163  $      387,000  $       439,578           77  
Condominium 27  $      215,000  $       232,452           60  

February 2007

  Closings Median Price Average Price DOM
Residential 260  $      371,118  $       432,966           63  
Condominium 36  $      180,652  $       220,079           61  

February 2006

  Closings Median Price Average Price DOM
Residential 296 $      304,900 $        390,915 53
Condominium 29 $      157,500 $        174,386 22

 

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Paul Moye

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