Dawne Davis, GRI, REALTOR

When we lived in Virginal, a 4-6" snow was just a "dusting". We got up a half hour early, shoveled out and plotted ahead as usual.

Well, we do things different down here! Our Tennessee farm is below the "Cotton Line", which is the northernmost point where cotton can be grown (apparently it takes longer to grow to maturity and harvest than the growing season allows north of Franklin, TN).

When I was growing up and we would drive to my grandparents farm, I used to pretend the white cotton fields were actually snow covered fields :), That's how rare a REAL snow covering is. down here!

You can imagine our delight to wake up to this today! May not look like much to our northern friends and neighbors, but it is a full on snow "emergency" to us! Isn't it beautiful?

With the exception of a rapid and deep dip down and back up in summer of 2010, our area's average sales price/original list price held pretty close to 91-93% for most of the past 12 months. Interesting statistic, but "What exactly does this mean to my client/me"?

In Davidson, Williamson and Rutherford counties (Tennessee), the homes that sold (closed) were originally priced within 7-9% of what the market was willing to pay for them. Yes, Mr. and Mrs. Potential Home Seller... Price really is EVERYTHING, when it comes to actually CLOSING your home in our market!

Our monthly tracking of Average Days on the Market (time period from date of listing in MLS to closing date) fell anywhere between 81 and 97 days, or better put, between 2 1/2 and 3 1/2 months (not bad at all).

The take away for home sellers? Price your property correctly at first, and you will be moving into your new house much sooner!

Click here for a Virtual Market Analysis of your property value: http://www.ddavis.bobparks.com/listings/VMA.php?aid=034600044&chome=1

Source: Realtracs/Trendgraphix, Inc.

Brentwood, TN has the reputation of being one of the most expensive residential communities in Tennessee. According to local MLS provider, Realtracs, in 2010, the MEDIAN sales price was $530,000!

In fact, there are over 45 residential properties currently listed in Brentwood in Williamson County TN, under $350,000. Some require some work/updating be done, but even greater Real Estate Value will pay off for that elbow grease!

Search my Bob Parks Realty web site to see these properties for yourself! http://tinyurl.com/293n4f7

Minutes from Franklin and Cool Springs Shopping and Business Districts, McKay's Mill is a Neo-Classical neighborhood that brings back the best of the way we used to live! Residents enjoy strolls down the sidewalks, neighborhood shopping, child care and amenities that are top rate! The 70 acres of open space and massive walking trails system, make walking, biking or skating a preferred mode of transportation around the community.

Retail in the Town Center includes a Publix grocery store, Walgreen's pharmacy, several restaurants, cleaners, and professional service and child care providers. No home in the community is more than 5 minutes from convenient shopping.

The McKay's Mill clubhouse is a massive 5,000 square feet and includes a private workout room, changing rooms,a conference room, tennis and swimming facilities.

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Residential sales in McKay's Mill in 2010 were relatively strong. 88 homes closed averaging over 7 a month. With 26 current active listings McKay's Mill is experiencing a "balanced market" (4-7 months of active inventory) where other Franklin neighborhoods are still hovering in the "buyers market" category (8+ months of inventory).

Contributing factors to McKay's Mill's success are affordable homes (the average sales price last year was $375,844) and excellent Williamson County Schools

Below is a complete detail of the McKay's Mill real estate market for 2010.

To search homes for sale in McKay's Mill via my Bob Parks Realty website, click here

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As of January 1, 2011 the following graphic shows the market statistics for closings in Brentwood, TN for the month of December 2010.

Year over year here's where we were for December 2009:

Average Days on the market for closed listings dropped by over 15 days, and number of closings were up (and may increase, due to 11th hour closings on the 31st that may not yet be posted to the MLS. On the downside, the median and average sales prices have dropped, somewhat. Possibly the impact of foreclosure sales and/or the higher "max" closed property for 2009 is a contributing factor, here.

(Source: Realtracs)