Real Estate Agent Photo
real-estate-tag-line
Real Estate Agent Photo
Real Estate Agent Photo

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...

read more

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...

read more

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...

read more

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...

read more

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...

read more

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...

read more

About Misty

Misty D. Woodford is a REALTOR with
Benchmark Realty, LLC.
318 Seaboard Lane, Ste. 115
Franklin, TN 37067
Cell: 615-512-3351
Office: 615-371-1544

DAVIDSON COUNTY
UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
898 $390,959 52 97.9% $184.48 2.1

RUTHERFORD COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
542 $276,558 43 99.4% $128.17 1.5

MAURY COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
154 $247,932 53 98.8% $128.68 2.4

WILLIAMSON COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
422 $591,785 58 98.5% $178.59 3.0

WILLIAMSON COUNTY

DETAIL BY CITY

CITY CLOSED UNDER CONTRACT MEDIAN SALES PRICE AVG. DOM
ARRINGTON 9 9 $763,886 90
BRENTWOOD 65 139 $665,000 48
COLLEGE GROVE 6 64 $608,250 8
FAIRVIEW 22 33 $327,450 56
FRANKLIN 192 387 $523,570 43
NOLENSVILLE 32 113 $511,250 49
SPRING HILL 65 121 $350,900 26
THOMPSON’S STATION 27 85 $374,000 31

April YTD average sales prices continue an upward climb compared to same time in 2017.

The Median Price was up in all counties except Maury with a 1.6% decrease.

The market continues to move at a rapid pace and Months of Supply has no appreciable difference from previous months. Most counties showed a flat to slight improvement over last months levels.

New Home Sales ranged 13.6% to 33.1% of total homes sold during the past 12 months.  Combined counties was 27.0% of total sold.

Williamson County residential single-family home median sales price rose slightly to $503,250. This is up from March’s median sales price of $490,000.

• DOM for single-family residential homes consistent at 42, from March’s DOM of 43. However, this is a 10 day increase from April 2017.

• April’s 2018 single-family residential home inventory rose slightly to 1,293 units. This is a increase from 1,215 units in March.

• Top three cities for highest median sales are: Arrington ($763,886), Brentwood ($665,000), College Grove ($608,250),

For stats from previous months, click here