January 2012 Market Trends
Williamson County Real Estate is starting to show new life. Sales were up 16% in January compared to January 2011. Prices inched up too.
| 2011 | 2012 | Percent Change | |
| # of Homes Sold | 141 | 164 | 16% |
| Average list Price | $427,755 | $445,320 | 4% |
| Average Sales Price | $409,900 | $428,606 | 5% |
| Days on the Market | 106 | 93 | -12% |
Pending sales are at a high not seen in the past several years. There are currently 360 homes pending. Of those, 242 are New Construction, or 67%.
Williamson County has 1752 homes for sale county wide. This comes to about an 11 month supply of inventory. It's still a Buyers market, overall, but a neighborhood by neighborhood review shows that some areas are already turning into Seller's markets.
The average asking price of the active listings is $588,527, 32% higher than the average sales prices for January.
Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.
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October 2011 Home Sales. County wide, sales were up 5.4% over October of 2010.