WCAR Announces July 2009 Housing Numbers

Aug 07 2009
WCAR Announces July 2009 Housing Numbers



August 7, 2009 (Franklin, TN)—The Williamson County Association of REALTORS® today announces the sale of homes statistics for Williamson County, Tn. for the month of July. There were 303 residential and condominium closings reported for the month, according to figures provided by RealTracs Solutions, the multiple listing service used by REALTORS® in the Middle-Tennessee area.


Compared to July of 2008, the residential home closings decreased 8 percent and the median price for residential homes decreased by 9 percent. Days on the market (DOM) for residential homes increased by 18 as compared to July 2008. Condominium closings decreased by 50 percent. The median prices for condominiums increased by 15 percent and days on the market increased by 63 days compared to July 2008.

July 2009
Closings Median Price Average Price DOM
Residential 289 $330,000 $409,599 95
Condominium 14 $242,000 $234,750 149


July 2008
Closings Median Price Average Price DOM
Residential 315 $363,500 $429,120 77
Condominium 27 $211,044 $227,407 86



July 2007
Closings Median Price Average Price DOM
Residential 437 $384,900 $449,994 66
Condominium 35 $215,000 $229,134 76



July 2006
Closings Median Price Average Price DOM
Residential 518 $373,353 $419,341 46
Condominium 36 $185,000 $215,615 50


“Housing sales continue to remain strong through the summer months as the increase in homes sold from June 2009 to July 2009 was 9 percent. Buyers should consider taking advantage of the last few months available to utilize the $8000 Home Buyer Tax Credit. This is available to first –time buyers and those who have not owned a home in 3 years. Contact a REALTOR for more information and to see if you qualify,” stated Diane Johnson, 2009 President of WCAR.