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What I learned about being a buyer

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...

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514 Maplegrove Drive is now available

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...

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What is going on in this market?

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...

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Foreclosure Rate Drops to New Post-Crisis Low

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...

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May 2016 Sales Statistics

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...

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April 2016 Sales Statistics

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...

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About Misty

Misty D. Woodford, Broker
CRS, GRI, ABR, SRS, SFR
Daniel-Christian Real Estate, LLC
License #: 315277
office- 615-790-6107
cell-615-512-3351
mistywoodford@gmail.com

AUGUST RESULTS

DAVIDSON COUNTY
 
UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
1069 $420,611 26 98.2% $193.70 1.9

RUTHERFORD COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
665 $298,600 24 99.5% $136.30 1.9

MAURY COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
192 $300,769 33 98.7% $140.08 2.5

WILLIAMSON COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
554 $594,108 29 98.3% $190.04 3.0

Average Sales Prices in  August 2019 remained higher than August last year in all the counties.  On a YTD basis, all counties show increases in Avg. Sale Prices. Maury reported the highest percent increase at 10.5% in August 2019 vs Last Year.  Median Sales Price remained higher in all counties on a YTD basis.  Available inventory going into September has improved slightly compared to prior months. Sales continue to absorb the new entries to the market, keeping months of inventory steady.

WILLIAMSON COUNTY

DETAIL BY CITY

CITY CLOSED

UNDER CONTRACT

MEDIAN SALES PRICE   AVG. DOM
ARRINGTON 3 31 $809,000   61
BRENTWOOD 78 212 $703,000   27
COLLEGE GROVE 14 79 $802,500   41
FAIRVIEW 18 47 $307,450   38
FRANKLIN 233 564 $544,143   30
NOLENSVILLE 72 185 $539,056   30
SPRING HILL 63 142 $352,000   36
THOMPSON’S STATION 62 89 $362,500   17

Williamson’s Average Sales Price in August was an  increase over LY.

Median Sales Prices remained higher on a YTD basis.  Williamson was up by 10.3%.

DOM for single-family residential homes averaged 35 days for August.

Top three cities for highest median sales average in August are: Arrington ($809,000), College Grove ($802,500), Brentwood ($703,000)

 

For stats from previous months, click here