Thursday, October 8, 2009

Williamson County Housing Market Looking Good!

The Williamson County's Association of Realtors just released a report showing sales of homes in September of 2009. The county saw just under 200 unit sales in September with an average selling price of just north of $400,000. The average days on the market were 100 days or just slightly more than 3 months. While other parts of the country are seeing a dramatic drop in home values, low average sales prices and exceedingly longer days on the market, Williamson County is telling a much better story for the market. Yes, we sales are down and home prices have not fully recovered, however; we are still very fortunate to have a relatively healthy economy here in middle TN. I specifically specialize in Southern Williamson County and Northern Maury County. In looking at Spring Hill, TN, which is both in Williamson and Maury counties, according to Trulia.com, the median sales price is down 7.6% compared to the same time last year. As you see on the chart, week on week sales are only off by 1%.
Now, I'm a numbers guy. I always have been. I'm a big believer in stats and figures. The numbers just don't lie. And according to these numbers, I'm feeling pretty good to be a real estate professional in middle TN in 2009!