January 2011 Greater Nashville Tennessee Market Report
Including Dickson & Williamson Counties
January 2011 home sales in Greater Nashville TN area were up in comparison to January 2010.
GNAR market report for January 2011 released last week for Greater Nashville TN area is quoted below:
"The Greater Nashville TN area saw 1,101 homes sold in January 2011, resulting in a 6.6 percent increase compared to the 1,033 closings reported in January of 2010, sparking a sign of optimism in the region's housing market. Median price for single-family homes also showed an increase compared to January 2010. The median price of a single-family residence was $165,500 in January 2011 compared to $159,000 last January. Condominiums saw a decrease in median price for January 2011 at $131,500. By comparison, the median price for a condominium it was $154,550 in January 2010. "
Greater Nashville TN report includes Nashville and surrounding counties that also include Williamson and Dickson counties in Middle Tennessee.
Williamson County single-family homes sales are up 9% compared to last year with 140 units closed in Jan 2011 and 111 homes in 2010. Median price for Jan 2011 is up at $402,154 compared to $366,255 in Jan 2010.
Dickson County single-family homes sales are down 12% with 28 single-family homes sold in Jan 2010 compared to 25 sold in Jan 2011. Median prices have dropped 18% with the median price at $105,132 in Jan 2011 compared to $128,713 in Jan 2010.