Paul Moye, Broker, ABR, GRI, CSP, e-PRO

Williamson County Tennessee May Home Sales Figures

06-10-08

May 2008 Home Sales

June 9, 2008 (Franklin, TN)-The Williamson County Association of REALTORS® announces the sale of homes statistics for Williamson County, Tn. for the month of May. There were 346 residential and condominium closings reported for the month, according to figures provided by RealTracs® Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.
Compared to May of 2007, the residential home closings decreased 26 percent and the median prices for residential homes remained the same, with less than a one percent change. Days on the market (DOM) for residential homes increased by 24 days as compared to May 2007. Condominium closings decreased by 60 percent. The median prices for condominiums decreased by 20 percent and days on the market decreased by 17 days compared to May 2007.

May 2008

	Closings	Median Price	Average Price	DOM
Residential	321	$ 370,000	$ 440,864	85
Condominium	25	$ 196,000	$ 209,772	86

May 2007

	Closings	Median Price	Average Price	DOM
Residential	434	$ 371,338	$ 481,385	61
Condominium	60	$ 244,490	$ 241,554	69

May 2006

	Closings	Median Price	Average Price	DOM
Residential	462	$ 335,000	$ 417,075	49
Condominium	68	$ 147,900	$ 186,172	45

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Williamson County Tennessee April Home Sales Information

06-10-08

Paul Moye, Broker, ABR, GRI, CSP, e-PRO

April 2008 Home Sales

May 7, 2008 (Franklin, TN)-The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of April. There were 250 residential and condominium closings reported for the month, according to figures provided by RealTracs® Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to April of 2007, the residential home closings decreased 26 percent and the median prices for residential homes decreased by 12 percent. Days on the market (DOM) for residential homes increased by 9 days as compared to April 2007. Condominium closings decreased by 42 percent. The median prices for condominiums decreased by 26 percent and days on the market decreased by 17 days compared to April 2007.

April 2008

	Closings	Median Price	Average Price	DOM
Residential	229	$ 345,000	$ 418,653	74
Condominium	21	$ 166,300	$ 190,443	63

April 2007

	Closings	Median Price	Average Price	DOM
Residential	308	$ 391,200	$ 462,038	65
Condominium	36	$ 224,995	$ 227,367	80

April 2006

	Closings	Median Price	Average Price	DOM
Residential	378	$ 322,000	$ 398,088	48
Condominium	50	$ 140,900	$ 175,642	38

"The median is the middle number in a given sequence of numbers. Comparing April 2008 to April 2007, there were less homes in the higher end of the spectrum, thus tightening the variations in home values sold and lowering the median. This data cannot be construed to indicate that any individual home value has absolutely increased or decreased, it is an indicator of the price range of home that is selling at the time interval measured.

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March 2008 Housing Sales Figures

04-10-08

Paul Moye, Broker, ABR, GRI, CSP, e-PRO

April 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 March. There were 273 residential and condominium closings reported for the month, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.

Compared to March of 2007, the residential home closings decreased 29 percent and the median prices for residential homes decreased by 1 percent. Days on the market (DOM) for residential homes increased by 16 days or 24 percent as compared to March 2007. Condominium closings decreased by 43 percent. The median prices for condominiums increased by 15 percent and days on the market also increased by 41 percent (17 days) compared to March 2007.
March 2008

Closings	Median Price	Average Price	DOM
Residential	243	$ 375,000	$ 439,809	83
Condominium	30	$ 209,404	$ 212,124	58

March 2007

	Closings	Median Price	Average Price	DOM
Residential	340	$ 380,000	$ 456,587	67
Condominium	53	$ 181,990	$ 203,859	41

March 2006

	Closings	Median Price	Average Price	DOM
Residential	401	$ 327,402	$ 402,950	51
Condominium	51	$ 137,000	$ 163,395	33

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Middle Tennessee Home Prices Hold Up

01-13-08

Paul Moye, Broker, ABR, GRI, CSP, e-PRO

More than a year after the housing downturn hit Middle Tennessee, home prices are holding steady and in some areas rising, leading some observers to predict a turnaround in the local market by the summer.

Home sales plummeted throughout 2007, with December sales posting the most severe year-over-year drop in nearly 17 years.

That did not translate into falling prices for homebuilders and sellers, according to data released by the Greater Nashville Association of Realtors. The median price for a single-family home sold in December was up nearly 2 percent over the same month in 2006, coming in at $187,900.

Median prices also were up in every county tracked by the association, except Sumner, where the median of $180,000 was unchanged compared with a year ago, the association said. The median price is the point at which half of the homes sold for less and half sold for more.

Prices rose because sellers were willing to wait longer to get their asking price and because buyers tended to choose larger, fancier homes over older construction, observers said.

Leading the pack was Williamson County, where the median price of a home sold in 2007 rose 7.4 percent to $379,369. Prices rose even though sales were down 20 percent, falling to 4,014 sales last year from 5,007 homes in 2006.

Sales down 15% in 2007

Home prices appeared to hold up even in December, even though 1,000 fewer homes were sold compared with the same month in 2006. That translated into a drop in sales of 32 percent for the month, the biggest same-month decline from one year to the next since January 1991, according to figures from the Realtors association.

For the year as a whole, sales were down about 15 percent from 2006, during which local real estate agents set a record for sales.

Still, some people said they saw signs that the market was improving.

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Paul Moye, Broker, ABR, GRI, CSP, e-PRO
Keller Williams Realty Franklin

Paul Moye, Broker, ABR, GRI, CSP, e-PRO: Real Estate Agent in Franklin, TN

Office: (615) 778-1818

Mobile: (615) 336-0382
Secondary: (615) 599-8825

I specialize in the Williamson, Southern Davidson & Maury County Areas. New construction, land and investment property. Contact me for Franklin TN, Brentwood TN, Nolensville TN, Spring Hill TN.

About Us:

My Client-First Philosophy

There are many qualities and skills that go into being an excellent real estate professional - integrity, in-depth community and market knowledge, marketing savvy, effective negotiation skills and a high-quality professional network, all of which are hallmarks of how I work.

That said, in my experience as a Franklin real estate professional, I've also found that providing the very best service is essentially about putting my clients first. This means keeping myself accessible, being a good listener as well as a good communicator, and responding quickly to your needs.

This "client first" philosophy has always been my approach and it requires me to continually improve my skills and ways of doing business. In addition, I've found that the latest technologies are enabling me to do everything I've always done, only much more quickly and efficiently. They've also helped me to extend the range of services I provide to my clients.

So when you decide that you'd like to buy or sell a home in the Williamson, Davidson & Maury Counties areas, please contact me!

Areas of Expertise

New home sales, New Home Construction and Financing, Exisitng Home Sales and Land Sales in the Middle Tennessee region. I also specialize in Buyers Agent Representation. I am an Accredited Buyers Representative with the National Association of REALTORS. I provide a complete Buyers Experience including a Buyers Book, a comprehensive list of professional mortgage agents,title companies, home inspectors, moving companies, and handyman services.

Testimonials

Testimonials

There are many things I can say about the high quality of service I provide to my home seller and home buyer clients, but probably none would be as credible as testimonials from some of my recent clients themselves.

So please take a moment to read the following testimonials. I hope they indicate my experience and integrity, as well as make it clear how much I enjoy helping people with their real estate needs.

I would be happy to email you additional testimonials if you are interested.

Paul was a delight to work with. He puts in superior effort, and definitely looked out for my interests in our last home purchase, even taking the time to measure square footage in one potential home. He takes the time to do the research. I definitely recommend him.

Bob Gildea

When my family was transferred to Nashville, we were very concerned about the size of the city and what area of town would be the best for our kids. Paul was instrumental in helping us not only find the perfect house, but the right schools for our ever growing family. I would highly recommend Paul to anyone who needs a helping in the real estate market.

Steve Summer

Paul did something other realtors were unable to do...he was able to sale our house for the money we wanted. He is our realtor for life now."

Danny & Dawn Threatt

Paul sold our house for our asking price, and sold it fast! We were so happy with him he listed & sold 3 additional properties we owned in Nashville!

Ben & Christie Olfat

Paul went the extra mile helping me close on my house while I traveled with my job! He is someone who cares about his clients!

Jennifer Bennett

Paul was a great asset. Before our house went on the market, he came over and advised us what we needed to do to sell. He guided the priority list so we were not wasting time and energy on things that didn't really matter. After we listed, he used creative marketing techniques (web-based, newspaper, and real estate magazines) to advertise the house, he was always available to help show the house, answer our questions, he worked well with other realtors, and kept an eye on the property as we'd moved prior to selling. He kept us notified of the activity/interest in the house while it was on the market. When it came time to close, he represented us at the closing to accommodate the buyer's date that coincided with our vacation. He handled all the ups and downs that come with selling a house with a gracious manor.

John & Kathleen Shaw

Paul Moye, Broker, ABR, GRI, CSP, e-PRO

Williamson County Tennessee May Home Sales Figures

Williamson County Tennessee April Home Sales Information

March 2008 Housing Sales Figures

Middle Tennessee Home Prices Hold Up

Paul Moye, Broker, ABR, GRI, CSP, e-PROKeller Williams Realty Franklin

About Us:

Areas of Expertise

Testimonials

Paul Moye, Broker, ABR, GRI, CSP, e-PRO
Keller Williams Realty Franklin