Nashville Real Estate Forum

Williamson County Association of REALTORS® Announces May 2009 Housing Numbers

June 8, 2009 (Franklin, TN)—The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of May. There were 219 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 May of 2008, the residential home closings decreased 37 percent and the median price for residential homes decreased by 14.6 percent. Days on the market (DOM) for residential homes increased by 19 days as compared to May 2008. Condominium closings decreased by 36 percent. The median prices for condominiums decreased by 1 percent and days on the market also increased by 11 days compared to May 2008.

May 2009

Closings Median Price Average Price DOM

Residential 203 $ 315,900 $ 365,306 104

Condominium 16 $ 193,750 $ 201,450 97

May 2008

Closings Median Price Average Price DOM

Residential 321 $ 370,000 $ 440,864 85

Condominium 25 $ 196,000 $ 209,772 86

May 2007

Closings Median Price Average Price DOM

Residential 434 $ 371,338 $ 481,385 61

Condominium 60 $244,490--$241,554 69

May 2006

Closings Median Price Average Price DOM

Residential 462 $ 335,000 $ 417,075 49

Condominium 68 $ 147,900 $ 186,172 45

 

Posted by Gary Moore on June 9th, 2009 6:10 PM
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