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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

APRIL RESULTS

DAVIDSON COUNTY
 
UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
994 $431,237 29 97.9% $189.32 2.1

RUTHERFORD COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
545 $290,259 30 99.2% $134.24 1.9

MAURY COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
178 $261,302 37 98.2% $139.85 2.5

WILLIAMSON COUNTY

 
 
UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
450 $617,728 38 98.4% $187.80 3.2

Average Sales Prices in April 2019 remain better than April 2018 in all counties. Year – to – Date, all counties had increases in sales prices and median sales prices over the same time frame in 2018.  Available inventory moving into May is relatiely unchanged from last month. The sales pace has been quite effective in absorbing the new inventory coming to market.  In fact, DOM was less than last month in all counties except Williamson which      remained at 38 days. 

WILLIAMSON COUNTY

DETAIL BY CITY

CITY CLOSED

UNDER CONTRACT

MEDIAN SALES PRICE   AVG. DOM
ARRINGTON 8 24 $824,900   72
BRENTWOOD 61 179 $749,000   37
COLLEGE GROVE 13 94 $1,048,725   95
FAIRVIEW 24 34 $292,500   40
FRANKLIN 202 583 $573,460   34
NOLENSVILLE 37 207 $514,900   24
SPRING HILL 56 161 $367,500   33
THOMPSON’S STATION 39 107 $413,365   33

Williamson County’s average sale price YTD, is currently at $604,702, a 5.9% increase over last year.

Top three cities for highest median sales average in April are: College Grove ($1,048,725), Arrington ($824,900), Brentwood ($749,000)

For stats from previous months, click here