Thompsons Station Homes sale for January 2012 show 17 homes sales for the month compared to just 7 last year. The average price of Thompsons Station homes also increase from $192.132 to $210,026, a 9% percent increase in 12 months.
- 17 Thompsons Station homes sold in January compared to 7 last year
- the average sales price was $210,026 compared to $192,132 last year
- average days on market is down to 117
- 23 Thompsons Station homes are currently pending sale
- 121 Thompsons Station homes are listed in the Nashville MLS as available for purchase
- the absorption rate for Thompsons Station homes based on January sales (usually the slowest month of the year) is 7 months
A lot of good things are happening in Thompsons Station with the I-65 project nearing completion as well as I-840 scheduled to finish this year, it will make commuting less of a problem. Tollgate Village is rapidly becoming an affordable alternative to Franklin for those who want a new home, and builders are starting to buy up all of the available lots that had been sitting for years waiting for the housing recovery. We expect prices to increase in Thompsons Station in the next 12 months
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For the most-up-to-date information on Thompsons Station 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 Thompsons Station MLS listings come on the market or price reductions in Thompsons Station are posted.
Other Nashville Neighborhoods
Forest Hills Homes Sales January 2011 - 33 Forest Hill homes sold in 2011 at a median price of $673,000, both of those are increases over the previous year totals of 29 sales at a median price of $525,000. Even with those increases, Forest Hills homes are not the most active in the area, with Green Hill on one side and Brentwood on the other, Forest Hills gets overlooked by most people. One of the reason is the small number of available Forest Hills homes. Right now, only 33 Forest Hills homes are available for purchase, 4 homes are pending, and 4 others are under contengency contract.
Nashville Condo Sales Increase 27 Percent in January with 142 closing in Nashville and the surrounding communities compared to 112 last January. Prices of Nashville condos increased 7 percent from $166,844 to $178,847 and average days on market is down to 3.5 months. 230 Nashville condos are currently pending and only 1345 Nashville condos are listed in the 
Annandale Home market report January 2012 – 3 Annandale homes closed in the month of January at an average price of $1,374,684. Days on market averaged 80 and the average size of homes sold was 6767 square feet. 2 Annandale homes are currently pending sale and 3 others are under contengency contract. 30 Annandale homes are listed in the Nashville MLS as available for purchase, but many of those are still under contruction at this time.
Belle Meade Homes Market Report January 2012 – 19 Belle Meade homes sold in the month of January compared to 10 last year for the same period. If you wanted to know if the market for Belle Meade homes is picking up, you just had your answer. The average price of Belle Meade homes sold was $537,249 compared to $469,775 last year, and increase of 14 percent. If you’ve been waited for the market to turn before listing your home, it looks like your time is here. For people who want to buy a Belle Meade home, the prices are already going up, so waiting is probably not a good decision.
Murfreesboro Homes Market report for January 2012 – 107 closings are an active month, especially for January. The average sales price for Murfreesboro homes was $172,789 and the average days on market was just 85. With 203 Murfreesboro homes are currently pending and only 1066 homes are available for purchase. Murfreesboro real estate has been one of the most active areas for many years, and it appears that it will continue.
Nashville Homes sales for January included 1116 home closings and 158 condo closings, and increase of 22 percent for homes and 35 percent for condos. Inventory levels for single family homes are down 18 percent compared to the same period one year ago, and Nashville condo inventory levels are down 26 percent. All of this together means that it’s tougher for buyers to find what they are looking for, and a better opportunity for sellers to get a fair price for their Nashville real estate
Franklin Homes Sales for January 2012 – What is normally considered a very slow month for real estate wasn’t slow at all with 72 closing for the month. If you’ve been reading my updates, you probably know that the availability of Franklin homes has been declining for some time now to the point where it’s difficult to find a good home before it’s under contract. This is part of the normal real estate cycle, and in the past, builders come in and built new Franklin homes to meet the demand.
