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

JANUARY STATISTICS

DAVIDSON COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
634 $363,637 60 96.3% $178.78 1.8

RUTHERFORD COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
308 $263,688 38 99.5% $127.08 1.4

MAURY COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
132 $248,514 47 98.1% $129.57 2.0

WILLIAMSON COUNTY

UNIT SALES AVG. SALES PRICE DOM YTD SALES PRICE RATIO YTD AVG SP/SF MONTHS INVENTORY
271 $582,297 65 98.2% $181.12 2.5

WILLIAMSON COUNTY

DETAIL BY CITY

CITY CLOSED UNDER CONTRACT MEDIAN SALES PRICE AVG. DOM
ARRINGTON 5 8 $749,510 20
BRENTWOOD 35 73 $900,228 66
COLLEGE GROVE 6 48 $795,894 52
FAIRVIEW 10 26 $246,550 30
FRANKLIN 115 276 $483,910 52
NOLENSVILLE 30 112 $469,550 30
SPRING HILL 53 85 $360,000 25
THOMPSON’S STATION 17 46 $460,485 29

January 2018 average sales prices for the month are still tracking higher than January of 2017 with Williamson increasing by 16.6%.  However, compared to December 2017, all counties have decreased.

Months of Supply remains relatively the same as December.  Total supply was 3.0 months in Williamson and 1.8 months in Rutherford.  Homes entering the market now won’t change these numbers very much if sales remain as robust as they have been.

New Home Sales as a percentage of total single family homes sold has increased in all counties.  Williamson is the highest at 36.0%.

Williamson County residential single-family home sales price lowered slightly to $477,109. This is down from December’s median sales price of $497,639.

DOM for single-family residential homes rose to 46 from December’s, which was 34. The DOM had previously stayed steady in the low to mid 30s for 2017.

For stats from previous months, click here