Tnrealestateblog's Blog

July 15, 2014

Franklin Green Home Sales Statistics First Half of 2014!

Filed under: Home Sales Statistics — Tags: , — tnrealestateblog @ 9:34 pm

Home sales have been steady in Franklin Green during 2014!  Often there are few homes available under $280,000.  Right now, Franklin Green does have one home available for under $280,000 and two over $280,000.  Twenty homes have sold in Franklin Green Subdivision between January and June 2014.  The median sale price is $262,500 and the median Days on Market has been 41. 

Common Area Rainbow  Pool Shade  Traviston 3103

                                                  Search Homes in Franklin by Subdivision

 

MLS # Address BR Baths Yr Blt Sq Ft LP/SF List Price SP/SF Sales Price Closed DOM
1538578 3220 Gardendale Dr 3 2/0 1999 1,323 $166.21 $219,900 $160.62 $212,500 6/25/2014 51
1509189 3151 Langley Dr 3 2/1 2001 1,496 $159.43 $238,500 $157.02 $234,900 2/22/2014 39
1526606 3230 NOLEN LANE 4 2/1 1998 2,210 $108.55 $239,900 $117.12 $258,825 3/31/2014 0
1506266 3218 Gardendale Dr 3 2/0 1999 1,847 $129.94 $240,000 $129.40 $239,000 1/5/2014 0
1527814 3226 Gardendale Dr 3 2/1 1999 1,658 $147.77 $245,000 $147.77 $245,000 5/1/2014 33
1532086 3110 Langley Dr 3 2/1 1998 1,459 $167.92 $245,000 $160.38 $234,000 6/27/2014 62
1508335 3213 Gardendale Dr 3 3/2 1999 1,728 $147.51 $254,900 $147.51 $254,900 3/13/2014 39
1522769 3151 Winberry Dr 3 2/1 1998 1,843 $141.02 $259,900 $141.07 $260,000 6/5/2014 87
1523797 3153 Winberry Dr 4 2/1 1999 1,979 $131.33 $259,900 $131.38 $260,000 4/30/2014 47
1540151 3212 PEYTON COURT 3 2/0 2002 1,860 $139.73 $259,900 $139.78 $260,000 6/20/2014 38
1509455 3206 Dark Woods Dr 4 2/1 1999 2,165 $123.33 $267,000 $123.33 $267,000 2/27/2014 0
1515789 3258 Dark Woods Dr 3 2/1 2001 2,023 $132.97 $269,000 $133.47 $270,000 3/24/2014 41
1508979 3121 Winberry Dr 3 2/1 1998 1,843 $149.10 $274,800 $143.79 $265,000 2/21/2014 16
1489093 3255 Dark Woods Dr 3 2/1 2001 2,066 $134.51 $277,900 $130.69 $270,000 2/14/2014 133
1516835 3125 Winberry Dr 3 2/1 1998 2,244 $124.73 $279,900 $122.50 $274,900 4/15/2014 59
1507559 3166 Winberry Dr 3 2/1 2003 2,196 $129.78 $285,000 $126.14 $277,000 4/3/2014 86
1513136 3270 Nolen Ln 3 2/1 2000 2,370 $126.54 $299,900 $126.54 $299,900 3/7/2014 38
1531134 3244 Nolen Ln 4 2/1 2000 2,256 $135.15 $304,900 $135.15 $304,900 6/30/2014 55
1539692 3262 Nolen Ln 4 2/1 2000 2,430 $127.53 $309,900 $127.16 $309,000 6/13/2014 32
1509820 3255 Nolen Ln 3 2/0 2000 2,197 $143.38 $315,000 $138.83 $305,000 2/28/2014 40
Average 3.25   1999 1,959 $136.45 $267,310 $135.32 $265,091   44
Median 3   1999 2,001 $134.83 $263,450 $134.31 $262,500   41

 

 

Franklin Green Neighborhood Amenities

Tiffany-White_ESig

February 13, 2014

Franklin TN Home Sales Statistics for January 2014

Filed under: Home Sales Statistics — Tags: — tnrealestateblog @ 4:08 am

Property in Franklin – January 2014 from http://www.buywilliamsoncountyhomes.com

Franklin Theater
There are currently 516 active homes for sale in Franklin.
The average listing price for Homes in Franklin during the month of January is $816,171. The median list price in January for single family residential and condo/town home properties in Franklin is $499,990.

The typical home for sale during the month of January in Franklin is a 3.82 bedroom, 3.06 bath home built in 2005.
To break down pricing further we can look at price by bedrooms in Franklin. During the month of January a 3 bedroom homes average for sale price is $411,457 while a 4 bedroom homes average for sale price is $744,442. The 5 bedroom homes are listing for an average of $1,326,866.
All market data and statistics are pulled directly from the local MLS data as of January 2014. For more comprehensive Property data you can go to our website at http://www.buywilliamsoncountyhomes.com.

Factory 1  Square Veterans Day_438

Harlinsdale_382  Bridge 1  

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Franklin Market Statistics Summary
Total Homes for Sale – 516
Average List Price – $816,171
Median List Price – $499,990

Typical Franklin Home
3.82 Bedrooms
3.06 Baths
Median year Built in 2005

Average Price per Bedroom
3 Bedrooms – $411,457
4 Bedrooms – $744,442
5 Bedrooms – $1,326,866

West Main House at Easter  Two Rivers Barn w horse 

buywilliamsoncountyhomes.com

for more information Contact Tiffany White 615-260-5858

Keller Williams Realty Franklin 615-778-1818

http://www.buywilliamsoncountyhomes.com

Nashville TN Real Estate Stats for January 2014

Filed under: Home Sales Statistics — Tags: — tnrealestateblog @ 3:34 am

Property in Nashville TN – January 2014 from http://www.nashvilletnsearch.com
Batman building

There are currently 1982 active homes for sale in Nashville TN.
The average listing price for Homes in Nashville TN during the month of January is $421,363. The median list price in January for single family residential and condo/town home properties in Nashville TN is $248,400.
The typical home for sale during the month of January in Nashville TN is a 3.11 bedroom, 2.19 bath home built in 1986.
To break down pricing further we can look at price by bedrooms in Nashville TN. During the month of January a 3 bedroom homes average for sale price is $256,545 while a 4 bedroom homes average for sale price is $598,500. The 5 bedroom homes are listing for an average of $1,029,455.
All market data and statistics are pulled directly from the local MLS data as of January 2014. For more comprehensive Real Estate data you can go to our website at http://www.nashvilletnsearch.com.

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Belmont Univ2  Vandy Childrens2

Nashville TN Market Statistics Summary
Total Homes for Sale – 1982
Average List Price – $421,363
Median List Price – $248,400

Typical Nashville TN Home
3.11 Bedrooms
2.19 Baths
Median year Built in 1986

Average Price per Bedroom
3 Bedrooms – $256,545
4 Bedrooms – $598,500
5 Bedrooms – $1,029,455

Green Hills  Belmont Lipscomb area home1
nashvilletnsearch.com
This information Provided by Tiffany White at Keller Williams Realty
615-260-5858 cell
615-778-1818 office

January 24, 2014

Private 9 Acre Property with One Level Home 1174 Lewisburg Pike, Franklin TN 37064

Filed under: Uncategorized — Tags: , — tnrealestateblog @ 5:55 am

Gatlinburg feel on 9 private acres super close to Franklin city limits! One level home has split bedroom plan & all hardwood, laminate & tile floors! New deck with amazing views – Expansion over garage can be in-law suite, recording studio!  5 Bedrooms and 3 Full Baths Total 2,706 square feet. 

Open House Sunday, January 26, 2014 from 2 to 4 PM!  1174 Lewisburg Pike, Franklin, TN 37064

Lewisburg aerial

Brick approach to Sunroom 37 Garage 32 

LR sofa 0004 dining sunroom 0042

 

View Additional Photos and Video Tour of 1174 Lewisburg Pike, Franklin TN 37064

 

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If you are planning to buy or sell a home in the Franklin TN area, please give me a call at 615-260-5858!  Visit Tiffany’s Real Estate Statistics Page or visit www.TiffanyWhite.com to see market reports for Greater Nashville TN.

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January 18, 2014

Independent Senior Living Communities in Greater Nashville, TN

Filed under: Uncategorized — Tags: — tnrealestateblog @ 4:45 am

Nashville and surrounding areas have numerous neighborhoods that fit the most important features for seniors who are downsizing and simplifying their lives.   I’ve had the opportunity to show condos in several different in communities that are focused on independent living for people age 55 and over. After viewing a few flat style condos, the buyer is usually excited about how well the homes suit their needs.   It has everything they are looking for:

Nashville Senior living 2 or 3 bedroom flat condo with no stairs

55+ senior condo Laundry room in the condo

Nashville Real Estate Attached garage

Condo 1  Condo2  Club house

Currently 2 bedroom condo units start in the $150’s for about 1,300 square feet.   There are two developments in southwest Nashville: Ashley Green and The Cloister at St. Henry.  Franklin and Williamson County has three communities that cater to 55 plus including Reid Hill Commons, Windsor Park and Morningside.   Lenox Place is located in Gallatin and Kensington Green in White House in Sumner County.  If you want to be in Wilson County you can choose from Lake Providence or Silverstone in Mt. Juliet or Academy Place in Lebanon.  Murfreesboro offers condo units at River Rock and Cottages at Innsbrooke.

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Many of these communities have a clubhouse and a swimming pool and some also have tennis courts.  Activities are scheduled at the clubhouse to encourage residents to be active and meet their neighbors!

If you are considering buying or selling real estate in the Nashville TN area, please give me a call at 615-260-5858!  Visit Tiffany’s Real Estate Statistics Page or visit www.TiffanyWhite.com to see market reports for Greater Nashville TN.

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January 8, 2014

Don’t Sell Your Home with a Tenant Inside!

Filed under: Uncategorized — Tags: — tnrealestateblog @ 6:43 am

sink dishesWhether you intended to be a Landlord or you fell into the role, you better think twice before you put your home on the market with a tenant living there.  I know it’s not desirable to have a vacant property but that rent-paying tenant can deter or even kill a sale!  The tenant may say they will keep the place clean and agree to showings but they can easily turn around and do exactly the opposite.

Here’s a quick look at the pros and cons of having your Franklin or Nashville, Tennessee home on the market while it’s tenant occupied.  I see two main pros:  the tenant is paying the rent and in many cases also keeping the utilities on.  As for cons, I see many more:

  • The tenant may not keep the house neat or clean.  The way a homeowner keeps their home clean when they have a goal to sell it is very different than the way a renter will “present” the home that they don’t own and they might really not want to sell.
  • They many have pets which smell or at the very least make showings more difficult.  Potential buyers might not even go inside if there are animals inside and they happen to be allergic to dogs and/or cats.  Ahh-choo!  Some people are scared of dogs, even friendly dogs that are small or medium size.
  • Tenants may decline showings even with adequate notice.  If buyers can’t set foot inside the residence, they certainly aren’t going to make an offer to buy it!
  • Depending on the terms in the lease, obtaining a sale contract on the property might signal a count down for the tenant’s departure.  If that’s the case, the tenant could intentionally sabotage the showings and sale in any way possible.
  • Cat & dogSaid tenant may even remove the “For Sale” sign, one of our biggest marketing tools, from the yard.  (Yes this has happened to me!)
  • When is the Landlord’s obligation to the tenant over?  Can the property be marketed to buyers who need to owner occupy the property or do we need to focus on investors who can honor the remainder of the lease?  If the answer is the latter, then you have significantly limited your buyer pool to those who want a super duper deal.  Depending on your goals, perhaps that fits your needs but chances are that you don’t want a discount price for your property.  Most often you will get more money for your home from an owner-occupant buyer who falls in love with it and imagines their family living in it than the investor who puts a calculator to the numbers.

The bottom line is that you loose control of the look, smell and availability of the property if it is occupied by a tenant.  This loss of control can result in longer days on market and a lower sale price.   Just say no!  Wait for the tenant to move out or strike up a deal for them to move out early.   Once the property is vacant, you can accommodate short notice showings and regain total control of the property!

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If you are considering selling a home in the Franklin TN area, please give me a call at 615-260-5858 for a no-obligation market analysis for your home!  Visit Tiffany’s Real Estate Statistics Page or visit www.TiffanyWhite.com to see market reports for  Greater Nashville TN.

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December 29, 2013

Mt. Juliet TN 2013 Home Sales Statistics

Filed under: Home Sales Statistics — Tags: — tnrealestateblog @ 3:26 am

Mt. Juliet TN and Wilson County Home home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 16.7% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 7 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2007.  Also, the median Days on Market has dropped and homes are selling faster than they have in 5 years!

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities.

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The charts were created based on closed homes sales in MLS. Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

 

Year 2006    1,260 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 902 0 0 $85,000 $83,500 0
AVG 2,284 3.24 2.15 $239,657 $238,893 50
MEDIAN 2,214 3 2 $226,658 $227,200 52
MAX 6,100 8 5 $1,499,000 $1,450,000 423
Year 2007   1,025 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 984 0 0 $75,500 $75,000 0
AVG 2,307 3.37 2.22 $256,151 $254,859 54
MEDIAN 2,224 3 2 $239,500 $237,000 56
MAX 5,348 6 5 $1,150,000 $1,160,000 517
Year 2008    805 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 850 0 0 $41,900 $41,900 0
AVG 2,263 3.3 2.19 $248,544 $244,004 66
MEDIAN 2,105 3 2 $224,900 $222,731 69
MAX 6,500 6 4 $1,125,000 $975,000 409
Year 2009    652 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 984 1 1 $44,900 $42,471 0
AVG 2,226 3.3 2.17 $234,149 $226,431 83
MEDIAN 2,098 3 2 $214,900 $210,000 75
MAX 7,061 6 5 $4,500,000 $3,000,000 555
Year 2010    724 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 745 0 0 $44,900 $46,000 0
AVG 2,213 3.16 2.18 $234,467 $229,450 70
MEDIAN 2,116 3 2 $220,000 $215,717 72
MAX 5,280 6 5 $780,000 $690,000 649
Year 2011    745 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 826 0 0 $59,900 $48,000 0
AVG 2,245 3.19 2.23 $234,727 $231,055 73
MEDIAN 2,144 3 2 $219,900 $214,000 75
MAX 5,084 6 4 $925,000 $915,000 721
Year 2012    936 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 616 0 0 $31,300 $47,320 0
AVG 2,257 3.22 2.2 $232,091 $227,636 71
MEDIAN 2,216 3 2 $213,113 $209,950 66
MAX 5,668 6 5 $799,900 $760,000 546
Year 2013    1,061 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1 1 0 $54,350 $18,206 0
AVG 2,371 3.33 2.26 $260,119 $256,738 63
MEDIAN 2,299 3 2 $249,000 $245,000 59
MAX 7,150 7 6 $1,000,000 $965,000 632

Lebanon TN 2013 Home Sales Statistics

Filed under: Home Sales Statistics — Tags: — tnrealestateblog @ 3:13 am

Lebanon TN and Wilson County Home home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 11.0% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 7 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2007.  Also, the median Days on Market has dropped and homes are selling faster than they have in 5 years!

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities.

Tiffany-White_ESig-crop

The charts were created based on closed homes sales in MLS. Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

 

Year 2006    840 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 390 0 1 $29,900 $26,500 0
AVG 2,111 3.17 2.01 $216,591 $212,839 72
MEDIAN 1,912 3 2 $179,347 $174,900 54
MAX 6,515 9 5 $2,130,000 $2,200,000 751
Year 2007    743 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 616 1 1 $32,000 $25,000 0
AVG 2,003 3.13 1.98 $209,233 $204,845 73
MEDIAN 1,787 3 2 $177,900 $175,300 60
MAX 6,337 6 5 $899,900 $899,900 467
Year 2008    570 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 744 1 0 $19,900 $11,000 0
AVG 2,084 3.23 2.06 $201,886 $195,677 89
MEDIAN 1,865 3 2 $178,950 $174,950 80
MAX 6,222 6 5 $749,000 $687,500 592
Year 2009    528 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 725 1 1 $29,900 $22,000 0
AVG 2,080 3.21 2.03 $197,107 $189,074 88
MEDIAN 1,823 3 2 $169,900 $165,000 78
MAX 8,333 7 5 $945,000 $813,850 711
Year 2010    488 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 720 1 1 $25,000 $10,000 0
AVG 2,185 3.18 2.08 $200,239 $192,972 92
MEDIAN 2,019 3 2 $177,474 $174,200 73
MAX 6,903 6 5 $950,000 $835,000 728
Year 2011    487 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 630 0 1 $9,900 $9,000 0
AVG 2,175 3.17 2.09 $195,700 $187,054 100
MEDIAN 2,026 3 2 $179,900 $173,975 84
MAX 10,804 5 6 $1,100,000 $1,025,000 947
Year 2012    608 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 688 1 1 $19,000 $12,800 0
AVG 2,219 3.24 2.08 $203,277 $195,283 95
MEDIAN 2,014 3 2 $179,900 $175,150 75
MAX 10,070 6 5 $1,295,000 $1,090,000 843
Year 2013    791 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 480 1 0 $15,000 $20,000 0
AVG 2,218 3.25 2.16 $214,424 $208,852 81
MEDIAN 2,049 3 2 $199,900 $194,400 65
MAX 6,494 6 5 $989,900 $922,000 804

December 27, 2013

Hendersonville TN & Sumner County 2013 Home Sales Statistics

Filed under: Home Sales Statistics — Tags: — tnrealestateblog @ 4:49 am

Hendersonville TN and Sumner County Home home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 5.4% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 4 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2007.  Also, the median Days on Market has dropped and homes are selling faster than they have in 6 years!

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities. The charts were created based on closed homes sales in MLS.

Tiffany-White_ESig-crop

Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

Year 2006    1,323 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 725 0 0 $59,950 $49,000 0
AVG 2,452 3.44 2.18 $247,449 $245,510 56
MEDIAN 2,400 3 2 $226,075 $226,105 45
MAX 8,483 7 6 $1,200,000 $1,200,000 483
Year 2007   1,019 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 544 0 1 $47,000 $42,000 0
AVG 2,443 3.43 2.2 $266,337 $261,116 69
MEDIAN 2,290 3 2 $227,900 $225,000 56
MAX 13,816 7 5 $1,875,000 $1,650,000 515
Year 2008    832 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 768 0 0 $62,775 $50,000 0
AVG 2,521 3.47 2.25 $260,735 $252,585 76
MEDIAN 2,447 3 2 $229,900 $225,000 66
MAX 8,300 6 6 $1,495,000 $1,375,000 630
Year 2009    794 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 964 0 1 $69,900 $54,000 0
AVG 2,559 3.49 2.24 $249,259 $239,941 83
MEDIAN 2,460 3 2 $224,900 $216,750 73
MAX 11,675 7 6 $1,495,000 $1,200,000 703
Year 2010    748 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 760 0 0 $54,900 $51,000 0
AVG 2,529 3.42 2.22 $243,242 $234,343 97
MEDIAN 2,387 3 2 $219,250 $211,500 81
MAX 8,400 5 6 $1,599,000 $1,350,000 717
Year 2011    719 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 812 0 0 $20,000 $16,000 0
AVG 2,496 3.45 2.22 $236,149 $227,746 90
MEDIAN 2,412 3 2 $214,900 $206,500 75
MAX 6,247 6 5 $999,000 $935,000 629
Year 2012    909 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 805 0 0 $41,900 $45,000 0
AVG 2,574 3.48 2.29 $241,932 $234,060 81
MEDIAN 2,453 3 2 $213,000 $205,900 66
MAX 17,321 7 8 $3,499,900 $2,860,000 768
Year 2013    1,124 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1 0 0 $39,900 $55,000 0
AVG 2,463 3.45 2.22 $244,303 $239,079 69
MEDIAN 2,373 3 2 $219,900 $217,000 54
MAX 6,400 6 5 $1,275,000 $1,215,000 688

Gallatin TN & Sumner County 2013 Home Sales Statistics

Filed under: Home Sales Statistics — Tags: — tnrealestateblog @ 4:37 am

Gallatin TN and Sumner County Home home sales have increased this year in both volume and median price!  When considering single family home sales between January and November, the median sale price is up 6.6% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the past 7 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Similarly, the sales volume for 2013 has surpassed the volume of 2006 and 2007.  Also, the median Days on Market has dropped and homes are selling faster than they have in 6 years!

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Please note that real estate market conditions vary based on the specific location, condition and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  Everyone wants to get a good deal on the home they purchase.  Please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy!  Visit my Real Estate Statistics Page at www.TiffanyWhite.com to see market reports for other Middle TN cities. The charts were created based on closed homes sales in MLS. 

Tiffany-White_ESig-crop

Below are the detailed yearly numbers from the Greater Nashville MLS.  Feel free to contact me if you have questions about this information.

 

Year 2006    715 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1 1 1 $15,900 $15,925 0
AVG 2,102 3.15 2.05 $223,711 $220,534 69
MEDIAN 1,900 3 2 $173,325 $172,500 60
MAX 8,564 6 5 $1,450,000 $1,350,000 658
Year 2007    700 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 660 0 0 $20,999 $18,000 0
AVG 2,156 3.21 2.09 $236,940 $229,641 86
MEDIAN 1,974 3 2 $186,950 $185,000 74
MAX 7,721 6 6 $1,978,850 $1,675,000 818
Year 2008    542 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 650 1 1 $24,900 $20,000 0
AVG 2,213 3.21 2.11 $239,392 $230,858 80
MEDIAN 2,002 3 2 $185,900 $184,450 69
MAX 7,786 6 5 $2,199,000 $1,795,000 442
Year 2009    442 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 702 2 1 $19,000 $18,000 0
AVG 2,212 3.19 2.07 $219,651 $208,639 106
MEDIAN 2,062 3 2 $184,250 $180,000 81
MAX 8,564 5 5 $1,350,000 $1,017,500 715
Year 2010    436 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 575 0 1 $11,500 $7,500 0
AVG 2,212 3.16 2.14 $231,429 $220,527 94
MEDIAN 1,889 3 2 $178,289 $175,000 77
MAX 7,372 6 5 $2,495,000 $2,162,000 701
Year 2011    440 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1 0 0 $27,900 $11,750 0
AVG 2,323 3.23 2.16 $223,080 $212,323 108
MEDIAN 2,096 3 2 $179,850 $173,450 87
MAX 8,659 6 6 $1,399,000 $1,275,000 732
Year 2012    571 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 750 1 1 $15,000 $15,000 0
AVG 2,347 3.21 2.17 $229,577 $219,597 97
MEDIAN 2,164 3 2 $189,900 $181,000 84
MAX 8,687 6 5 $2,199,900 $1,785,000 1,142
Year 2013    731 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 768 2 0 $18,000 $18,000 0
AVG 2,274 3.26 2.18 $234,471 $228,373 75
MEDIAN 2,116 3 2 $198,900 $193,000 63
MAX 7,794 6 5 $1,800,000 $2,000,000 499
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