Williamson County October 2011 Real Estate Total Market Overview
The Grumbles Team routinely provides our clients, customers and future clients with an update on the real estate market in Williamson County. We provide our proprietary reports posting the average sales price, the average original list price, the average percentage properties have been reduced , how much the average negotiated discount was at the time of a presented offer, and more. Plus all of this data is presented by city or by zip code. We have always presented this data to our clients personally. Our future clients and customers have been able to follow our blog to receive the data, but starting this month we will begin to introduce these results to our via a video blog, so it can be found on our YouTube Channel and in our blog.
The chart above shows that Nolensville & Spring Hill are leading the way with low months of inventory. There's 1988 active homes for sale the date of the report in all of Williamson County, with the bulk of those homes being for sale in Franklin at an average list price of $664,000 home prices in Franklin, appear to be falling as homesellers reduced their price almost a full 10% and are still active on the market. This is probably due in part to the large difference between the average sale price over the last six months in Franklin at $402,000 compared to the average list price in Franklin at $664,000. These homes may not be overpriced just priced outside of the typical buyer's market.
With the recent news of General Motors reopening the automotive factory and Spring Hill will want to keep an eye on the spring Hill activity the Spring Hill market currently has hundred and 95 homes listed for sale at an average price of $254,000, while the average sale price of the last six months is $227,000 the Grumbles Team will keep an eye on this area to see if the news of these jobs being created wills help to stabilize that market.
Nolensville is a standout. When looking at the pending ratio thing is almost 20% of the homes on the market currently pending a negotiated contract the average list price of those homes with pending contracts and Nolensville is $333,000 and they were on on average only on the market for under a month.
Our proprietary total market overview also includes several graphs that will show you below. If you click on any one of these graphs it looks fancy can see the details of that data.
Contact The Grumbles Team today at 6155875843 to disscuss any of these reports and follow our blog to get them updated each month. Want an analysis of your home specifically click below.
|FieldStone Farms Homes
||Hurstbourne Park Homes
||McKay’s Mill Homes
|Brentwood C/ Club Homes
||Governors Club Homes
The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.
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