This is not what the media would have you believe. Yes sales are down, but not prices. If you are planning to buy real estate in WIlliamson county, expect a good selection, and a decend price. But because we don't have a large selection of bank owned properties, the prices are not falling.
Sales for Williamson county real estate in August 2008 are as follows. . There were 314 residential and condominium closings reported for the month. This was 32 percent lower than the closings of August 2007.
The median prices for residential homes increased by five percent. Days on the market (DOM) for residential homes increased by 24 days compared to August 2007. Condominium closings increased by 28 percent (11 units). The median prices for condominiums decreased by 2 percent and days on the market also increased by 22 days compared to August 2007.
With the volatility of the Mortgage market hopefully at an end, the real estate market should improve for the remainder of the year.
Prices have remained stable, but the volume of sale has definately decrease.
To search for Williamson county real estate, click on the button, or call Larry Brewer at 615-512-7853
