August 2010 Willaimson County Tennessee Home Sales

September10, 2010 (Franklin, TN) - The Williamson County Association of REALTORS® announces the statistics for home sales in Williamson County, TN for the month of August 2010. There were 236 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 decreased by 9% percent compared to August 2009, but decreased by 13% percent compared to July 2010 statistics for the number of homes sold in Williamson County. The good news is that the median sales price increased by 15% percent for residential from last year's figures. 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 increased by five (5) days for residential and by three (3) days for condominiums compared to the same period last year. Residential inventory of homes listed as active has decreased from 2512 in August of 2009 to 2332 in August 2010.

August 2010

August 2009

August 2008

August 2007