Williamson County November 2009 Total Real Estate Market Overview | Comprehensive Real Estate Market Update for Franklin, Brentwood, and surrounding cities | Golf Community Homes for sale | Golf Community Market Update


The below report can be downloaded for easier viewing.  This report is a compilation of the Williamson County Real Estate Market for the past 6 months ending on 11-30-09.  Only Single Family Residential Units are considered in this market study.  All active listings in the Williamson County market can be seen here.


Report Analysis:

This is the 4th report in a row in which the months of inventory of homes in this market has decreased (11.3, 10.1, 9.7, 9.0).  This is due in some part to the fact that as the Holiday Season approaches some sellers remove their home from the market to avoid the hassle of showings during the holidays.  However, this is good news for those that continue to market their homes as their is less competition.  The months of inventory was also reduced because the sales volume in the last 3 reports has been greater than 1400 units for the rolling 6 months prior to the report date.

The average sales price is below $400,000 for the county as a whole, Held strong by the exclusive Brentwood market with an average sales price of $602,000.

The sellers are reducing their home prices as their properties are sitting on the market and finding tough competition.  The average reduction from initial list to final list price is 4.9% and still the sellers are making concessions in the price at the time of the offer as the reduction in sales price off the final listed price is 5.6%.  These numbers are very strong considering this is the worst real estate market most home owners have ever seen.

This same report can be viewed by zipcode as well.

To get the most up to date and accurate market analysis call the Grumbles Team at 615.354.3979.

This report is the proprietary product of The Grumbles Team and shall not be copied or  duplicated without written permission

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555

Each Office Independently Owned and Operated

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s