Williamson County Assn. of Realtors Announce March Home Sales Results
Posted by Louis Belote on Thursday, April 8th, 2010 at 3:46pm.Single family residential home sales in March in Williamson County increased a whopping 40+% over the same month in 2009 from 152 to 219 closings according to figures released today from the Williamson County Association of Realtors. The median sales price, that level where half the homes sold for more and half sold for less, decreased a small 3%. The average number of days on the market increased by 8 days over March of last year.
CLICK HERE to view the entire Williamson County Association of Realtors Press Release.
These numbers show that the Williamson County market, while not at the incredbile sales pace of 2006 and 2007, remains much stronger than most around the country. This supports the fact that real estate is a LOCAL business mostly affected by the LOCAL economy and it's supply and demand. Many people have been misled by the media driven real estate numbers from Florida, Arizona, Nevada, and California, some of the hardest hit areas of the country because of their incredible level of home building, and over-building, between about 2002-2007.
Let's take a look at the local market sales figures over the last 3 years:
With the height of the sales season for the local area between May and August coming up, prepare for the sales figures to continue to mainatin it's pace and possibly increase significantly. The Home Buyer tax credit ($8,000 for first time buyers and $6,500 for existing home owners) will increase local interest in April as well as improving and consistent local weather.
Get out there and buy a house!
Louis Belote
Licensed Broker, ABR, GRI, CRS, SFR, e-Pro
3825 Bedford Avenue, Suite 102
Nashville, TN 37215
DIRECT PHONE: 615.804.9999
Office Phone: 615.327.4800
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