New Sales Figures From Williamson County
Posted by Gary Ashton: ADMIN on Thursday, June 10th, 2010 at 10:59am.Williamson County
June 10, 2010 (Franklin, TN) - The Williamson County Association of REALTORS® announces the statistics for home sales in Williamson County, TN for the month of May 2010. There were 318 residential and condominium closings reported during this period according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle Tennessee region.
The number of single-family
residential closings increased by over forty-five (45) percent
compared to May 2009, while the median sales price experienced
an increase of over three (3) percent. The median is a
typical market price where
half of all homes sold for more and half sold for less. The
average days on the
market (DOM) for residential homes decreased by twelve (12) days
compared to the same period last
year.
Click on Sales
Report - May 2010 to view the pdf version.
Closings Median
Price Average
Price
DOM
Residential 296
Condominium 22
May 2009
Closi
Residential 203
Condominium
16 $193,750
May 2008
Closings Median
Price Average
Price
DOM
Residential 321
Condominium 25
May 2007
Closin
Residential 434
Condominium 60
May
2006
Closings Median
Price Average
Price DOM
Residential 462
Condominium 68
“Home sales during May produced Williamson County’s first increase of the year in median sales price, indicating more activity within our higher price ranges. This is true even after separating the recent record-breaking sale of Alan Jackson’s home in Franklin. May 2010 also marks the eighth consecutive month with an increase in the number of homes sold. This is great news for our local real estate market. Even with a minor pull-back over the next several months, this momentum keeps us on track for a highly successful 2010” said Karen Baker, 2010 WCAR President.
The Williamson County Association of REALTORS® is the professional trade organization serving the real estate industry in Williamson County. Established in 1962, the Association provides professional development and support services for real estate professionals. The Association has over 1,450 members and is headquartered in Franklin, TN.
Reproduced with permission from Williamson County Association of Realtorswww.williamsoncountyrealtors.org
Gary Ashton
The Ashton Real Estate Group of RE/MAX Elite
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