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March 2015 Sales Statistics

It is a tight market in Williamson County right now, especially under $400,000. Total Williamson County closings increased 16% over March 2014, with a marginal median price increase. The median price of land closings increased 26% over March 2014.   Statistics At A Glance:            ...

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Welcome Home Program

A Message from Mike Smalling, Mortgage Loan Originator with F&M Bank. http://michaelsmalling.us3.list-manage.com/track/click?u=0a0919db181baf3c71cbde361&id=d155ee08e7&e=90cf67d6af Welcome Home One of the cool things about working for F&M is that they participate in the FHLB (Federal Home Loan Bank) of Cincinnati’s Welcome Home program. This may be one of the coolest programs out there for...

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January 2015 Sales Statistics

The housing market remained robust in Williamson County as we kicked off the new year. The total number of residential closings in 2015 increased 9.5% over January 2014, with a median sales price increase of .5% over January 2014, but a 26% increase over January 2013. Condo sales showed a...

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Serving in our Community!

One of the main reasons I decided to get back into the real estate business once I settled in TN, was my desire to be involved in my community and my children’s schools. This year, our main involvement personally and as a corporation has been through building a new playground...

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December 2014 Monthly Market Stats

The median sales price for a single-family home was $417,005 in December 2014, an increase of 4.3% over December 2013, and a 16.9% increase over 2013. The number of  single-family residential closings increased by 28.4% in December 2014 compared to 2013. Land closings were up 80% over December 2013, with...

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About Misty

Misty D. Woodford, Managing Broker
CRS, GRI, ABR, SRS, SFR
Scout Properties
License #: 315277
office- 615-868-9000
cell-615-512-3351
mistywoodford@gmail.com

FEBRUARY RESULTS

DAVIDSON COUNTY
UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
667 $367,000 40 97.5% $181.61 2.0

RUTHERFORD COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
359 $276,164 37 99.2% $132.13 1.8

MAURY COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
157 $268,201 54 97.7% $144.98 2.6

WILLIAMSON COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
299 $610,692 49 98.4% $185.44 2.6

While 2019 is still young, it appears trends from the past few months will continue into the new year-with little noticeable changes thus far. Average Sales Prices in February 2019 are still better than February 2018 – in all but two of the areas 9 counties.  The same is true for Year -to-Date. Only Maury County has a median sales price that is slightly less now that a year ago. Middle TN has continued to increase in all counties on this report.  Available inventory dropped slightly moving into January when compared to a month ago.  New Home Sales Percent to Total Homes Sold remains consistent with prior months.

WILLIAMSON COUNTY

DETAIL BY CITY

CITY CLOSED UNDER CONTRACT MEDIAN SALES PRICE AVG. DOM
ARRINGTON 4 24 $467,500 35
BRENTWOOD 46 160 $762,500 49
COLLEGE GROVE 5 77 $769,562 34
FAIRVIEW 13 36 $281,210 99
FRANKLIN 133 511 $540,000 47
NOLENSVILLE 33 185 $539,900 52
SPRING HILL 34 124 $350,946 51
THOMPSON’S STATION 27 82 $449,900 39

Williamson County residential single-family home average sales price rose from January’s price of $561,762 to $612,624 in February.

DOM for single-family residential homes increased to 49 from Janary’s DOM of 41.

February 2019 single-family residential home inventory lowered slightly to 1,251 units. This is a decrease from the 1,281 units in January.

Top three cities for highest median sales average in February are:  College Grove ($769,562), Brentwood ($762,500), Franklin ($540,000)

For stats from previous months, click here