August 2010 Willaimson County Tennessee Home Sales

By
Real Estate Agent with Benchmark Realty TN 288457

September10, 2010 (Franklin, TN) - The Williamson County Association of REALTORS® announces the statistics for home sales in Williamson County, TN for the month of August 2010. There were 236 residential and condominium closings reported during this period according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle Tennessee region.

The number of single-family residential closings decreased by 9% percent compared to August 2009, but decreased by 13% percent compared to July 2010 statistics for the number of homes sold in Williamson County. The good news is that the median sales price increased by 15% percent for residential from last year's figures. The median is a typical market price where half of all homes sold for more and half sold for less.

The average days on the market (DOM) for residential homes increased by five (5) days for residential and by three (3) days for condominiums compared to the same period last year. Residential inventory of homes listed as active has decreased from 2512 in August of 2009 to 2332 in August 2010.

  

August 2010

 

  

Closings

Median Price

Average Price

DOM

Residential

236

$      341,500

$       383,993

94

Condominium

10

$      221,500

$       231,708

117

August 2009

  

Closings

Median Price

Average Price

DOM

Residential

215

$      290,000

$       352,072

89

Condominium

21

$      187,500

$        192,079

114

 

 

August 2008

  

Closings

Median Price

Average Price

DOM

Residential

286

$      385,000

$        439,129

89

Condominium

28

$      192,000

$        199,805

87


 August 2007  

  

  Closings

Median Price

Average Price

DOM

    Residential

423

$      367,500

$        444,824

65

    Condominium

39

$      194,980

$        210,912

65


 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Tennessee Williamson County

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
89,322

Paul Moye

Broker, GRI, SRES
Ask me a question
*
*
*
*
Spam prevention

Additional Information