Nashville Real Estate Forum

April 9th, 2008 4:31 PM

Williamson County Association of REALTORS®

Announces March 2008 Housing Numbers

April 8, 2008 (Franklin, TN)—The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn., for the month of March. There were 273 residential and condominium closings reported for the month, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to March of 2007, the residential home closings decreased 29 percent and the median prices for residential homes decreased by 1 percent. Days on the market (DOM) for residential homes increased by 16 days or 24 percent as compared to March 2007. Condominium closings decreased by 43 percent. The median prices for condominiums increased by 15 percent and days on the market also increased by 41 percent (17 days) compared to March 2007.


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



 

Posted by Gary Moore on April 9th, 2008 4:31 PM
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