Finding a home in this market is no doubt stressful. Finding a “good deal” on a house in this market is almost impossible. Granted, I came into this situation with a totally different perspective. I wasn’t “looking” to move, and I didn’t need to move. We were totally happy in...
Oftentimes in my parenting, I say things like: “Do as I say, not as I do.” Or, “Trust me, I know these things.” These great words of wisdom have now come into play in my professional career. For the first time in the 10 years I have been selling real...
The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait...
Our Newest Listing hit the market today, 514 Maplegrove Drive, Franklin, TN 37064. This adorable 3 bedroom, 2.5 bath home is located in the popular Maplewood Subdivision. Nicely updated and ready for it’s next owners to feel right at home. Offered at $329,9000; exclusively listed with Misty D. Woodford, Benchmark...
The number one question I am asked everywhere I go these days is, “Are you loving this market?” Well, honestly, it’s a little crazy. Everyone loves a good economy and rising home prices. However, the market is crazier than I have ever seen it. As I was reviewing the monthly...
Check out this link to see the positive increase in the home equity situation across the United States. http://goo.gl/OQRQgq
According to CoreLogic National Foreclosure Report, approximately .4% of Tennessee Mortgages are in foreclosure. In 2008, during the height of the crisis in Tennessee, 1.7% (average) of homes were in foreclosure. Shelby, Hamilton, and Davidson Counties were hardest hit by the crisis. Many factors have played a roll in the...
Homes sales remained steady for the month of May with a total of 532 closings versus 541 closings in May 2015, which was a slight decline of 1.6 percent. The median sales price rose 5.6 percent to $433,000 in May 2016 from $409,999 during the same period last year. Year-to-date...
Home sales in April 2016 rose 19% over April 2015, netting 474 residential and single family closings. The median price, $433,000 was a slight increase over the previous year. Inventory, currently at 1776 residential units, still shows a tight supply at just under 4 months of inventory. The median price...
License #: 315277
|UNIT SALES||AVG. SALES PRICE||DOM||YTD SALES PRICE RATIO||YTD AVG SP/SF||MONTHS INVENTORY|
Average Sales Prices in July 2019 remain higher than June 2018 in all but Davidson county.
Closed sales in June 2018 continued to decline compared to last year in 6 of the counties. Davidson, Williamson and Rutherford also have sold fewer units YTD when compared to last year sales.
Available inventory going into August has improved slightly compared to prior months. Sales continue to absorb the new entries to the market, keeping months of inventory steady.
DETAIL BY CITY
|MEDIAN SALES PRICE||AVG. DOM|
Williamson’s Average Sales Price in July hit $617,195 for a 13.4% increase over LY.
YTD Williamson’s Average Sales Price was $616,833 and 9.2% better than same time in 2018, and remains the highest % of increase in all counties.
DOM for single-family residential homes averaged 31 days in July.
Top three cities for highest median sales average in July are:
Brentwood ($802,500), Arrington ($790,000), College Grove ($660,744).