Tnrealestateblog's Blog

December 29, 2013

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.

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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    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
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