Good News for the Williamson County Real Estate Market -Monthly Sales Report- April 2010

Monthly Sales Report
April 2010

Williamson County Association of REALTORS® Announces April 2010 Sales Statistics

May 12, 2010 (Franklin, TN) – The Williamson County Association of REALTORS® announces the statistics for home sales in Williamson County, TN for the month of April 2010. There were 281 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 almost fifty (50) percent compared to April 2009, while the median sales price experienced a decrease of twenty-seven (27) 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 decreased by five (5) days compared to the same period last year.

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

                                                             April 2010

                         Closings       Median Price        Average Price         DOM
Residential              264            $296,950              $358,331             94
Condominium            17            $242,681               $226,414            98

April 2009

                         Closings        Median Price        Average Price        DOM
Residential              177            $380,000                $466,520           99
Condominium            15             $160,000                $185,052          51

April 2008

                         Closings        Median Price         Average Price        DOM
Residential               229            $345,000              $418,653              74
Condominium             21             $166,300              $190,443             63

April 2007

                        Closings         Median Price         Average Price        DOM
Residential               308           $391,200               $462,038             65
Condominium             36            $224,995               $227,367             80

April 2006

                        Closings         Median Price         Average Price        DOM
Residential               378           $322,000             $398,088               48
Condominium             50           $140,900             $175,642               38

“April marks the County’s seventh consecutive month with a positive increase in the number of homes sold.  This news seems somewhat bittersweet when you consider all the families and businesses recently impacted by the historic flooding that hit Williamson County and the Middle Tennessee region.  As REALTORS®, we realize the clean-up and rebuilding efforts have only just begun.  Our thoughts remain with the government employees, volunteers, and victims as they struggle through this difficult and stressful recovery period” said Kare
n 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 1,450 members and is headquartered in Franklin, TN.

Click on Monthly Sales Report- April 2010 to download the pdf version. 

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