Williamson County Real Estate Market Report for November 2011 - What we are seeing here in a rapidly recovering real estate market with increasing sales and decreasing inventory. Williamson County real estate sales increased 12 percent in November over the previous year with 201 closings compared to 179. The average sales price was almost the same as last year at $423,206 compared to $423,561, and the days on market was 94 compared to 104 last year. The availablility of homes in inventory was reduced from 2144 last year to 1922 this year, a reduction of 12 percent. Williamson county condo sales have recovered significantly with 28 closings compared to 15 last November and an increase in average price from $192,585 to $222,978 or a 16 percent increase.

• 90 Franklin homes sold at an average price of $433,547
• 42 Brentwoood homes sold at an average of $589,874
• 27 Spring hill homes sold at $228,873 average
• 18 Thompsons station homes sold at an average of $263,648
• 15 Nolensville homes were sold at an average of $323,376
• 6 homes sold in Fairview at an average of $165,150

Williamson county home sales continue to show strength relative to the rest of the market due to outstanding Williamson county schools and a great quality of life. Search for Williamson county homes here For the most-up-to-date information on Williamson county  home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Williamson county MLS listings come on the market or price reductions in Williamson county are posted.

 Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Williamson county or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site. information on this page is based on information on single family homes for sale in Williamson county per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

Wordless Wednesday - This past Saturday Elizabeth an I took a tour of the Belmont mansion in Nashvile. Of course it's now surrounded by Belmont university so most people have no idea of it's existance. The story of the original owner and the events of her life would make a fantastic book, and some say that Adelicia Aklen was the inspiration for Scarlett O'hara.

Spring Hill home owners must register their alarms with the city. I don't always agree with the city management of Spring Hill, but this one makes sense. My guess is that a tax will follow since that's been their method of operation lately. Tax everthing and hire more union city workers with nothing to do.

Multiple offers on Franklin homes are becoming a trend lately. I've noticed that a lot of the more attractive homes in Franklin spend very little time on the market before they are under contract. I personally have had 2 buyers get into a multiple offer situation the first day a house was on the market. Needless to say, both of these buyers were stunned that not only were they not the only ones interested in buying the house, but that both of the homes sold for list price or higher.

 Where was the media while this was happening?

I've been writing about this all year, and it's getting worse, the inventory levels of Franklin homes have been shrinking for several years now, and unless you want to live in Westhaven, the availablility of finished new homes is very small, and some days zero. Does this mean that the builders are going to go back to building like crazy? I doubt it, and the amount of available lots to build on is also going to be an issue eventually. It takes a long time to get a neighborhood approved and ready for building, and none of that is happening right now.

Supply and demand dictate price, the demand is here, but not the supply, Increased prices are sure to follow.

Search for Franklin homes here.

Franklin Homes sale for November 2011 show that 96 homes sold for the month, once again an improvement over November last years total of 91 sales. a modest 5 percent increase. The average price of homes sold in Franklin was $427,246 and the average days on market was 101. With 129 Franklin homes currently pending sale, I expect a very active holiday sales season for Franklin real estate. The current absorbtion rate is now at 8 months based on November sales.   Search for Franklin homeshere

Other Nashville Neighborhoods

Abbottsford	Annandale	Avalon
Belle Meade	Burton Hills	Carronbridge
Courtside	Cool Springs	Dallas Downs
Evergreen	Falcon Creek	Fieldstone Farms
Forest hills	Forrest Crossing	Franklin Green
Governors Club	Green Hills	Laurelbrooke
Ladd Park	Mcgavock Farms	Mckays Mill
Montclair	Luxury Homes	Murfreesboro
Newport Crossing...	Brentwood Pointe...	Polk Place
Princeton Hills	Providence	Raintree Forest
Riverwalk	Sullivan Farms	Sylvan Park
Wades Grove	Wakefield	Westhaven

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For the most-up-to-date information on Franklin current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin MLS listings come on the market or price reductions in Franklin are posted. Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Franklin or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site. information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. [idx-listings linkid="87735" count="50"]

Brentwood homes sales for November 2011 increased 9.5 percent with 46 closings compared to 42 closings for November of 2012, the average sales price of Brentwood homes increased 13 percent compared to last year. Aveage days on market was virtually unchanged at 110 days compared to 108 days. The size of Brentwood homes sold this year averaged 4385 square ft compared to 4135 last year, so the downsizing trend has reversed.

• 46 Brentwood homes sold in November compared to 42 last year up 9.5 percent
• the average sales price was $659,574 compared to $584,812 last year, up 13 percent
• the size of homes sold continues to increase in Brentwood from 4135 square feet last November to 4385 square feet this year
• 70 Brentwoood homes are currently pending with 48 more under contract
• 343 Brentwood homes are listed as available for purchase in the Nashville MLS

Search for Brentwood homes here