Williamson County Total Real Estate Market Overview for January 2011 - Nolensville Real Estate
The Grumbles Team has prepared this proprietary report covering the real estate market trends in Williamson County over the past 6 months. This first chart shows the past year how the market has fluctuated. Sales were higher in December than in January in Williamson county as the absorption rate increased. That increase combined with many homeowners concerned over having a home for sale over the Holiday period were responsible for the steep decline in the Months of Inventory.
Details of this months report are shown below:
6.4 Months of Inventory in Williamson County
8.2% Pending Ratio
281 Homes Sold Per month average over past 6 months (Absorption Rate)
Reviewing Williamson County Total Market Overview by City
(also available by zipcode
) and you take a moment to do some further analysis to see that Franklin
has 6.1 months of inventory representing 828 active homes for sale. On the other hand Brentwood
also has six months of inventory and has only 383 units for sale. The entire county active home median sales price is $399,900 and median closed home price is $358,554 over past 6 months indicating that the homes that are for sale could stand to have a price reduction to match the price point that the consumers are buying properties.
This city of Nolensville
is still vibrant with a 17.7% pending ratio. It might still be the hottest city in Williamson County. It is a smaller market with only 113 homes for sale at this moment and an average of 81 days on market . If you would like to see more about homes for sale in Nolensville click the link below.
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Interested in real estate in Williamson County or you like to know more about any of the particular subdivisions please follow our blog at www.FranklinTNrealestateguide.com
we would love to help you find your next home in Franklin
, or Spring Hill
thank you for reading our blog have a great day.
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Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale
The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.
Your Williamson County REALTOR
EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555
Williamson County Real Estate Agent
Each EXIT Office Independently Owned and Operated
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