Williamson County Tennessee November 2008 Home Sales Figures

December 8, 2008 (Franklin, TN)-The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of November 2008. There were 145 residential and condominium closings reported for the month of November, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to November of 2007, the single family residential closings decreased 47 percent and the median price remained the same. Condominiums closings have increased by 52 percent and the median price decreased by 16 percent. The average days on the market (DOM) for residential homes have increased by 20 days and condominiums have increased by 11 days. Days on the market have been consistent since the onset of 2008, with the days ranging from 74-89 days. Median prices have remained consistent since January 2008, ranging from $345,000 to $395,000. The median is a typical market price where half of the homes sold for more and half sold for less.

November 2008

November 2007

November 2006

November 2005