Williamson County Association of REALTORS® Announces June 2007 Housing Numbers

Posted Jul 23, 2007 @ 2:04 pm, Viewed by 644 Visitors, Read 675 Times.
Williamson County Association of REALTORS® Announces June 2007 Housing Numbers
Compared to June of 2006, the residential home closings decreased 18 percent. While the median prices for residential homes increased by 6 percent. Days on the market (DOM) for residential homes increased by 19 days or 28 percent as compared to June 2006. Condominium closings decreased by 16 percent. The median prices for condominiums increased by 5 percent and days on the market also increased by 34 percent (13 days) compared to June 2006.


"Although closings have decreased compared to 2006’s record-breaking year, Williamson County’s real estate market continues to produce an increase in median prices and continues to beat the regional average in days on the market. Although mortgage interest rates are trending up, they are historically favorable,” Susan McKinney, 2007 President of the Williamson County Association of REALTORS® said.  “The good news is buyers have advantageous negotiating power with a supply of homes available.  Buyers who’ve been on the sidelines may want to take action – if they wait for sales to rise as summer progresses, their choices and negotiating position may not be as good as they are currently."
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Gary Ashton

Gary Ashton I am the exclusive realtor for www.Nashville.com with a team of 10 buyers agents that cover the Nashville area and more. As a result of the web presence we have developed over the past 4 years we are now ranked as the number 1 team in the Nashville RE/MAX Elite Nashville office. For instant access to search all the homes listed in Nashville and the surrounding area go to www.NashvillesMLS.com If you would like more information about any of the topics covered in these blogs, or Nashville real estate in general, please feel free to contact me directly or e-mail me directly. Read More

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