Nashville Real Estate Forum

Monthly Sales Report
March 2010


Williamson County Association of REALTORS® Announces March 2010 Sales Statistics

April 8, 2010 (Franklin, TN) - The Williamson County Association of REALTORS® announces the statistics for home sales in Williamson County, TN for the month of March 2010. There were 235 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 (40) percent compared to March 2009, while the median sales price experienced a slight decrease of 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 increased by eight (8) days compared to the same period last year.

Click on Monthly Sales Report- March 2010 to view the pdf version.



March 2010

Closings  Median Price  Average Price  DOM
Residential 219  $345,000  $395,357    99
Condominium 16 $215,250   $242,775  128


March 2009

Closings Median Price Average Price DOM
Residential 152   $357,500   $421,664   91
Condominium 17  $190,000   $196,483  134


March 2008

Closings Median Price Average Price DOM
Residential 243    $375,000   $439,809   83
Condominium 30   $209,404   $212,124   58


March 2007

Closings Median Price Average Price DOM
Residential 340   $380,000   $456,587    67
Condominium 53   $181,990   $203,859   41


March 2006

Closings   Median Price   Average Price   DOM
Residential 401     $327,402   
 $402,950    51
Condominium 51     $137,000    $163,395    33



“The March 2010 sales figures offer encouraging news for both the housing market and the local economy. In addition to benefiting potential buyers and sellers, increased home sales produce a tremendous ripple effect throughout the economy, impacting a variety of businesses ranging from local hardware stores to national retailers. This positive momentum will hold as the number of pending sales continues to increase, carrying us forward into the busy summer months” 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 development and support services for real estate professionals. The Association has over 1,400 members and is headquartered in Franklin, TN.

Click on
Monthly Sales Report- March 2010 to download a pdf version.


Posted by Gary Moore on April 12th, 2010 2:05 AM

Recent Posts:

Archive:

My Favorite Blogs:

Sites That Link to This Blog:

Real Estate, a la Carte! Box 791 Brentwood, TN 37024
Cell:

ID Your Best Financing | Buyer's Menu | Borrower's Menu | Seller's Menu | Contact REAL Carte | Apply On-Line | Get Pre-Approved | Buyer's Rebate | Our Featured Homes | Home | Nashville Real Estate Forum

Copyright © 2012 Real Estate, a la Carte!
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin LoginTerms of UseSite Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: