Williamson County August 2014 Real Estate Total Market Overview including Franklin
Franklin TN is the main market in Williamson County with 689 unit sales in the past 3 months and 724 active homes on the market. Brentwood is the 2nd largest market in terms of units sold, but at 296 it is much smaller than Franklin.
This table is proprietary intellectual property of The Grumbles Team as The Relocation Engineer in Williamson County we have personally written the macros to generate this summary. The table helps a seller know that the typical or average negotiation to expect on the properly priced home is shown under the closed section as the final list to close ratio. This market is strong right now so the best negotiating power as a buyer in Williamson county is in Bon Aqua and Columbia but since there was only 1 sale in each of those cities in Williamson County in past 3 months the data is skewed, so I would say look at the Williamson County Nashville homes to get a discount.
If you are a buyer looking in Williamson County and want to know the urgency with which you should be looking at properties that are listed. Check out the Months of Inventory under the Active section. An area like Nolensville has only 3.2 months of inventory meaning that in just 3.2 months with no new inventory added the buyers would consume all the inventory. As a whole the county is in a SELLERS MARKET.
We have analyzed the same data above and created it in a table by zipcide for reference as well.
Below is a chart that tracks the Middle Tn unit home sales for the past 8 years. The recession is over as we have just posted 3 months in a row of sales above 4000 units. the monthly sales volumes are only bested by 2006 and 2007 pre-recesssion numbers.
The Grumbles Team is the only Relocation Engineer in Franklin, Tennessee 615-587-5843.
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