Nashville Real Estate Forum

Williamson County Association of REALTORS® Announces October Housing Numbers

November 7, 2007 (Franklin, TN)—The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of October 2007. There were 289 residential and condominium closings reported for the month of October, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to October of 2006, the single family residential closings decreased 40 percent and the median price increased by 3 percent. Condominiums closings have decreased by 43 percent and the median price increased by 6 percent. The average days on the market (DOM) for residential homes have increased by 14 percent and condominiums have increased by 33 percent. Days on the market have been consistent since the onset of 2007, with the days ranging from 58 – 68 days. Median prices have remained consistent since January 2007, ranging from $367,500 to $391,200. The median is a typical market price where half of the homes sold for more and half sold for less.

October 2007

October 2006

October 2005