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Tennhouses

Nashville Real Estate

Larry Brewer

Office 615-371-1544 - Mobile 615-512-7853

Williamson County TN Real Estate Sales Increase 20 Percent

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Williamson County TN Real Estate Sales increase 20 percent with 501 homes closing during the monthWilliamson County TN real estate

  • 501 Williamson county TN homes sold in May compared to 416 last year
  • The median sales price of single family homes increased to $409,999 compared to $399,950 in May of 2014
  • Average days on market is down to 62 days
  • 1817 Williamson county TN homes are listed in the Nashville MLS as available for purchase
  • The absorption rate for Williamson County TN real estate based on May sales and current inventory is 3.6 months

Here are the sales statistics by city for Williamson county tn homes.

Williamson county real estate is very active,  and inventory levels remain low in Brentwood and Franklin causing buyers to look at the other cities in the area for suitable homes.

Search for Williamson County real estate for sale here

 

Williamson County TN homes sales during May were the most on record in the last 10 years. and prices continue to rise. With the inevitable completion of the I-65 expansion in the south part of the county, we can expect Thompsons Station and Spring Hill to grow at a much faster pace in the next few years as lots in Franklin and Brentwood become harder to find. Buyers wanting to purchase in Williamson county need good representation to compete for the better homes and sellers have a chance to get a premium price for their home with a good presentation. Call Larry Brewer Benchmark realty at 615-512-7853

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Williamson County Real Estate July 2014 Market Report

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Williamson County Williamson County Real Estate July 2014 market report– The median sales price of Williamson county homes increased 5.6 percent compared to June of 2013 to $409,065. The number of homes sold increased slightly to 522 sales making the current absorption rate 3.5 months keeping Williamson county real estate in a seller’s market.

  • 522 Williamson county homes sold in June compared to 521 last year
  • The median sales price of single family homes increased to $409,065 compared to $386,000 in June of 2013
  • Average days on market is down to 65 days
  • 1824 Williamson county homes are listed in the Nashville MLS as available for purchase
  • The absorption rate for Williamson County real estate based on June sales and current inventory is 3.5 months

Here are the sales statistics by city for Williamson county tn homes.

  • 106 Brentwood homes sold at an average price of $664,576 with a current absorption rate of 4 months
  • 244 Franklin homes sold at an average price of $470,058 with an absorption rate of 3 months
  • 32 Nolensville homes sold averaging $351,453 with an absorption rate of 3 months
  • 73 Spring Hill homes sold averaging $286,307 with an absorption rate of 3 months
  • 43 Thompsons Station homes sold averaging $386,407 with an absorption rate of 4 months

Williamson county real estate is still very active, but the market is lacking enough inventory to have any measurable increases in the number of homes sold. Prices on the other hand increased 5.6% on average compared to the same month last year, and I expect a similar performance in the next 12 months. Interest rates are still low, as is the availability of quality resale property. The prices of new construction homes are increasing almost on a monthly basis as good building lots become harder to find and construction materials are becoming more expensive.

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Williamson County TN Real Estate March 2014

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Williams county TN real estateWilliamson County Tn real estate for sale and March market report- The median sales price of Williamson county Tn homes increased just 2 percent compared to February of 2013 to $431,158. The number of homes sold increased 4.3% compared to the previous February. It was an unusually cold and wet February, and most experts agree that it had a negative impact on the housing market.

  • 238 Williamson county Tn homes sold in Februry compared to 228 last year an increase of 4.3%
  • The median sales price of single family homes increased to $438,158
  • Average days on market is down to 74 days

Here are the sales statistics by city for Williamson county tn homes.

  • 40 Brentwood homes sold at an average price of $695,850 with a current absorption rate of 7 months
  • 12 Fairview homes sold at an average price of $200,300 with an absorption rate of 7 months
  • 92 Franklin homes sold at an average price of $442,861 with an absorption rate of 6.5 months
  • 24 Nolensville homes sold averaging $336,682 with an absorption rate of 5 months
  • 31 Spring Hill homes sold averaging $250,485 with an absorption rate of 6 months
  • 25 Thompsons Station homes sold averaging $340,559 with an absorption rate of 6 months

Williamson county real estate sales were slower in February than most people expected, and a lot of it had to do with the difficult weather conditions. Even with that, sales were better than last year, and prices are still creeping up. We are expecting a very busy spring and summer for Williamson county TN real estate.

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Williamson County Tn Homes for Sale and January 2014 Report

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 Williamson county homeWilliamson County Tn homes for sale and January market report- The average sales price of Williamson county Tn homes increased 31 percent compared to January of 2012 to $505,281. The number of homes sold  increased 19.5% compared to the previous January.

  • 232 Williamson county Tn homes sold in January compared to 194 last year an increase of 19.5%
  • The average sales price of single family homes increased 31% to $505,281
  • Average days on market is down to 67 days

Here are the sales statistics by city for Williamson county tn homes.

  • 51 Brentwood homes sold at an average price of $681,305 with a current absorption rate of 4.5 months
  • 2 Fairview homes sold at an average price of $209,000 with an absorption rate of 30 months
  • 97 Franklin homes sold at an average price of $543,413 with an absorption rate of 6.5 months
  • 28 Nolensville homes sold averaging $438,323 with an absorption rate of 4 months
  • 35 Spring Hill homes sold averaging $261,793 with an absorption rate of 6 months
  • 14 Thompsons Station homes sold averaging $375,992 with an absorption rate of 8 months

January is usually the slowest sales month of the year, and as you can see, the market didn’t really slow down that much, making it very easy for me to predict a very busy spring for Williamson county tn home sales.

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Williamson County Tn Homes January 2014

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Williamson County Tn homes year end market report- The average sales price of Williamson county Tn homes was up 7.9% compared to 2012 and 19.4% compared to 2011. The number of homes sold in 2013 increased 20.2% compared to 2012 and 53.9% over 2011. The yearly average sales price for the year was $373,363.

Now for December comparisons

  • 366 Williamson county homes sold in December compared to 320 last year an increase of 14.3%
  • The average sales price of single family homes increased 9.3% to $449,236
  • Average days on market is down to 72 days
  • The absorption rate of Williamson county Tn homes based on December sales and the current inventory is 3.5 months indicating a sellers market

Here are the sales statistics by city for Williamson county real estate, all are in a sellers market.

  • 67 Brentwood homes sold at an average price of $659,220 with a current absorption rate of 3 months
  • 14 Fairview homes sold at an average price of $147,297 with an absorption rate of 5 months
  • 171 Franklin homes sold at an average price of $487,329 with an absorption rate of 3 months
  • 27 Nolensville homes sold averaging $353,573 with an absorption rate of 4 months
  • 43 Spring Hill homes sold averaging $249,172 with an absorption rate of 4 months
  • 26 Thompsons Station homes sold averaging $266,622 with an absorption rate of 4 months

As you can see, all of these  are in a sellers market, so if you are considering selling your home, now is a great time. If you plan to buy a Williamson county Tn home, be prepared to pay very close to asking price, and you may end up in a multiple offer situation. Make sure your realtor is experienced in this type of market, because it changes fast.

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Williamson County Real Estate August 2013

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Franklin Home Williamson County homes for Sale and Market Report for August 2013 – Sales of single family homes in Williamson county increased 32% in July of 2013 compared to July of 2012. The median price of homes sold increased 10% during the same one year period. The market for Williamson county homes has switched in favor of sellers, so buyers are now having to become very aggressive with offers.

  • 538 Williamson county homes sold in August compared to 407 last year an increase of 32%
  • The average sales price of single family homes increased 10% during the last 12 months
  • Average days on market is down to 68, compared to 76 last year
  • the absorption rate for Williamson county real estate is down to 3 months

Here are the sales statistics by city for Williamson county real estate, all are in a sellers market. The average list price to sales price ratio of Williamson county real estate  sold in July was 98%.

  • 111 Brentwood homes sold at an average price of $668,870 with a current absorption rate of 3 months
  • 27 Fairview homes sold at an average price of $184,302 with an absorption rate of 4 months
  • 222 Franklin homes sold at an average price of $479,800 with an absorption rate of 3 months
  • 40 Nolensville homes sold averaging $367,410 with an absorption rate of 2.5 months
  • 100 Spring Hill homes sold averaging $276,846 with an absorption rate of 2 months
  • 30 Thompsons Station homes sold averaging $296,336 with an absorption rate of 4 months

As you can see, all of these Williamson county cities are in a sellers market, so if you are considering selling your home, now is a great time. If you plan to buy a Williamson county home in Franklin, Brentwood, or Spring Hill, be prepared to pay very close to asking price, and you may end up in a multiple offer situation. Make sure your realtor is experienced in this type of market, because it changes fast.

Search for Williamson County real estate for sale here

Williamson county is located just south of Nashville and uses I-65 and state highway 31 as main traffic arteries.

With the Tennessee’s best school system and lower property taxes than it’s surrounding counties, it’s easy to see why Williamson county real estate is very popular.

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