Williamson County Total Real Estate Market Overview for January 2011 - Franklin Real Estate

Posted by Mike Grumbles on January 9, 2011 at 8:28 PM

Williamson County Total Real Estate Market Overview for January 2011 - Franklin Real Estate


The Grumbles Team has prepared this proprietary report covering the real estate market trends in Williamson County over the past 6 months. This first chart shows the past year how the market has fluctuated. Sales were higher in December than in January in Williamson county as the absorption rate increased. That increase combined with many homeowners concerned over having a home for sale over the Holiday period were responsible for the steep decline in the Months of Inventory. Details of this months report are shown below: 6.4 Months of Inventory in Williamson County 8.2% Pending Ratio 281 Homes Sold Per month average over past 6 months (Absorption Rate) z Reviewing Williamson County Total Market Overview by City (also available by zipcode) and you take a moment to do some further analysis to see that Franklin has 6.1 months of inventory representing 828 active homes for sale. On the other hand Brentwood also has six months of inventory and has only 383 units for sale. The entire county active home median sales price is $399,900 and median closed home price is $358,554 over past 6 months indicating that the homes that are for sale could stand to have a price reduction to match the price point that the consumers are buying properties. This city of Nolensville is still vibrant with a 17.7% pending ratio. It might still be the hottest city in Williamson County. It is a smaller market with only 113 homes for sale at this moment and an average of 81 days on market . If you would like to see more about homes for sale in Nolensville click the link below. [gallery link="file" columns="5"] Interested in real estate in Williamson County or you like to know more about any of the particular subdivisions please follow our blog at www.FranklinTNrealestateguide.com we would love to help you find your next home in Franklin, Brentwood, Nolensville, or Spring Hill thank you for reading our blog have a great day. Search Subdivisions in Nolensville, TN

FieldStone Farms Homes Hurstbourne Park Homes McKay’s Mill Homes
Brentwood C/ Club Homes Westhaven Homes Governors Club Homes

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Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843. Your Williamson County REALTOR! EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555 Williamson County Real Estate Agent Each EXIT Office Independently Owned and Operated WtihEXIT: Williamson County Jan 2011 Market Report

Categories: Real Estate Marketing

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