Williamson County, TN Real Estate News

By inboundREM Market Updates
(InboundREM)
The Allure of 37027 Homes for Sale in TennesseeWelcome to the enchanting world of Middle Tennessee, where the 37027 homes for sale open the door to a wealth of real estate opportunities. Nestled in the heart of this picturesque region, 37027 is a place that not only showcases breathtaking natural beauty but also presents a diverse array of homes for sale, tailored to suit every individual's unique taste and preferences. Join us on a journey as we explore the hidden gems and irresistible charm of Middle Tennessee's real estate opportunities.Nestled in the heart of the South, Middle Tennessee is a region that has captured the hearts of many with its enchanting beauty and warm, welcoming communities. This is a place where picturesque rolling hills, quaint towns, and a vibrant cultural scen...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin homes for sale - The number of home closings have slightly decrease by 2% in the last 12 months and median sales prices have remained flat.  186 Franklin homes sold during the month of  May 2023 compared to 191  for the same period last year 327 Franklin homes are currently listing in the Nashville MLS as available for purchase giving us a 2 months supply. 354 homes are currently under contract the median sales price for homes sold during the month of May was $950,000 compared to $951,000 last year  the average list price to sales price ratio for Franklin Tn homes sold in May was 98% compared to 105% last year.  Search for Franklin TN real estate for sale here -  This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark R...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes are selling a little slower than we've seen in the past and you can blame most of that on high interest rates. the average price per square foot of Westhaven homes sold during May was $422 compared to $461 last year the median price of homes sold during the month was $1,195,000 compared to $1,350,999 last year a decrease of 11.5% the list price to sales price ratio of homes sold during the month was 99% compared to 106% The average days on market for homes sold in May was 30 compared to just 2 last year 35 homes are currently pending sale most are under construction 30 Westhaven homes currently for sale as listed in the Nashville MLS but some are under construction Westhaven homes in Franklin TN have been the one of the most popular neighborhood in Williamson county and ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Nolensville homes for sale -  The rapidly rising interest rates took a toll on closings in Nolensville but the median price per square foot was almost identical compared to the same period last year. 34 Nolensville homes sold in the month of May which is 47% less than the 64 closings in May of 2022 110 Nolensville homes are currently pending sale, and almost all of them are new construction homes 82 Nolensville homes are listed in the Nashville MLS as available for purchase, but most of them are still under construction or not even started the median sales price of homes sold in Nolensville in May was $911,950 compared to $846,276 for May of last year the list price to sales price ratio of homes sold was 100% the median  price per square foot of homes sold was $271 compared to $270 for ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
 One advantage of living in Franklin Tn is the abundance of city parks surrounding the city. My neighborhood backs up to the eastern Battlefield that has been purchased by to city to protect it from being developed. It was a golf course for years and the city kept some of the cart paths that are now used as walking trails. I walk my dog Rusty every morning usually as the sun in coming up and the views are usually amazing. For those of you who sleep in, I understand. But wow what you are missing. information on this page is based on information on Nashville real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Provi...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Closings in Brentwood have slowed significantly due to the much higher interest rates but prices have not been impacted as much as some would think with the average price per square foot almost the same as April of 2022. 45 Brentwood TN homes sold during the month of April 2023 compared to 57 for the same month last year and 90 in April of 2021 106 homes are currently under contract waiting to close 139 Brentwood homes are listed in the Nashville MLS as available for purchase. the median size of homes sold in April was 3948 square feet The median price per square foot of homes sold was $336 compared to $334 for the same period last year the median days on market for homes sold was 4 days the list price to sales price ratio for homes sold in April was 98% Search for Brentwood TN homes fo...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale -   The number of home closings have increased by 8% in the last 12 months and median sales prices have increased 10%, but this may be the impact of a higher percentage of new construction homes being sold. The median price per square foot has actually decreased slightly from $316 to $307. Interest rates have been the main reason for the slowing in the market place, and every time the rates drop a little the market gets busy. 150 Franklin homes sold during the month of  March 2023 compared to 123  for the same period last year 288 Franklin homes are currently listing in the Nashville MLS as available for purchase giving us a 2 months supply. 330 homes are currently under contract the median sales price for homes sold during the month of March was $934,000 comp...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill homes for sale - April 2023Home sales in spring hill are considerably slower than they were at this period last year, as you would expect with the Federal Reserve rate hikes pushing mortgage rates over 6% for the first time since 2009. Prices on resale homes have cooled a little bit, but we still have a shortage or homes because nobody wants to give up their existing mortgage. New construction home prices are still very high and they aren't building very many if any spec homes. I have buyers looking to purchase today even with the high interest rates, but all the homes that meet their criteria are purchased immediately. Call me if you need help buying or selling in Spring Hill Tn 21 homes sold in Spring Hill during the month of March 2023 compared to 39 for the same period o...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
The Favorite Franklin neighborhoodsbased on number of sales the fourth quarter of 2022 are as follows Westhaven with 39 closings - the average price of homes sold was $1,472,619 and averaged $424 per square ft. Waters Edge - 20 closings for the quarter with the average price being $740,669 St Marlo - 20 closings at an average price of $1,100,308 Fieldstone Farms with 17 closings at an average price of $665,170 Highlands @ Ladd Park - 13 closings at an average price of $1,006,277 Mckays Mill - 14 closings at an average price of $770,957 Lookaway Farms had 10 closings for the quarter with an average price of $2,330,910 Terra Vista had 9 closings at an average price of $1,036,764 Sullivan Farms had 9 closings at an average of $708,378 Daventry had 8 closings at an average price of $1,414,7...
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By Mike Grumbles, The Relocation Engineer in Franklin TN
(Gray Fox Realty)
Gray Fox Realty is privileged to get to call downtown Franklin, TN home in a quaint 1912 cottage they is referred to as the World Headquarters.   Gray Fox Realty was the brain-child of Mike Grumbles and Joey McCloskey at the end of 2016 with operations beginning in early 2017.   The company is different in that it has a give back attitude and that is exemplified in the flat fee full service model without any upselling.  The typical GFR client  saves $16,000 in real estate commission when compared to a 6% listing agreement.   Commissions are negotiable, but why force your friends, family, and neighbors to negotiate for a great service at a great price.  The other thing that sets the company apart from most brokerages (and we mean almost all of them) is the centralized control of marketin...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale -   The number of home closings have dropped by 35% in the last 12 months but prices still remain firm. The good new for buyers is that homes are listed for a longer time before they are sold giving them time to evaluate options before making an offer.  103 Franklin homes sold during the month of  November 2022 compared to 157 for the same period last year a 35% reduction 368 Franklin homes are currently listing in the Nashville MLS as available for purchase 79 homes are currently under contract the median sales price for homes sold during the month of November was $930,786 compared to $863,050 last year an increase of  7.8% the median price per square foot for homes sold was $310 compared to $273 for November of 2021 an increase of 13.5% the average list pric...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Williamson County TN real estate sales are slowing down but the prices are still firm. The median price of homes sold in Williamson county increased 26% in November of 2022 compared to the same month last year but the number of closings fell 40%. Higher mortgage rates are the primary reason for a slowing market and it's probably not going to change quickly. However it is a good 265 homes closed in November compared to 437 for the same month in 2021 the median price of homes sold was $950,000 compared to $750,000 for the same month last year an increase of 26% 757 Williamson county homes are currently under contract 1236 homes are currently listed as unsold and available for purchase compared to 433 for the same period last year the average days on market for homes sold in November was 2...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Mckays Mill  - 4 homes sold during October of 2022, 50% less than the same month last year. The average price of homes sold increased 24% during the same period. the list price to sales price ratio of homes sold in October was 99.83% average days on market for homes sold was 3 days 6 homes are currently listed in the Nashville MLS as available for purchase the average price per square foot of homes sold was $272 compared to $223 for the same period last year The average sale price for October was $957,475 compared to $771,070 for the same period last year the average size of homes sold was 3641 square feet 7 Mckays Mill homes are currently pending sale Here is a summary of the conditions of the market for Mckays Mill homes, and it's sister next door the Villages of Clovercroft, it's sti...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Ladd Park homes for sale - The high interest rates have made an impact on Ladd Park home sales with more days on market and a lower list price to sales price ratio. Meaning that buyers sometimes have room to negotiate, something we haven't seen in a few years. The average sales price for Ladd Park homes sold during the month of October was $1,001,497 compared to $939,626 last year. average days on market is up to 32 days, giving buyers a chance to take a good look before making a purchase the average size of Ladd Park homes sold during October was 3202 square feet making the average price per square foot $315 6 homes are currently pending sale 12 Ladd Park homes are listed in the Nashville MLS as available for purchase The absorption rate for Ladd Park homes is one month based on sales ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Spring Hill TN real estate for sale - Buyers have a chance to purchase a great home right now in Spring Hill, the rise in interest rates have slowed the pace of sales and inventory levels are starting to get back a more normal market. Investors are not as active as they were, and cash buyers seem to be less common as they were just a few months ago. Prices are still firm, but it's not a bidding war like it was. 47 homes sold in Spring Hill during the month of October 2022 compared to 65 for the same period of 2021 a decrease of 28% The median sales price of homes sold during October was $619,900 compared to $525,000 for the same period last year an increase of 18% 98 Spring Hill homes are listed as available for purchase in the Williamson county portion of Spring Hill - more than we've ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale - Things have changed in the last few months with interest rates around 7% at this time, it's a much slower market for home sales and multiple offers are becoming an unusual occurrence  instead of the norm.  84  Franklin TN homes sold during the month of  October 2022 compared to 120 for the same month last year   429 Franklin homes are currently listed in the Nashville MLS for sale 196 homes are currently under contract the median sales price for homes sold during the month of October was $799,500 compared to  $720,000 last year, an increase of 11% the median price per square foot for homes sold was $317 compared to $272 for October of 2021 an increase of 16.5% the average list price to sales price ratio for homes sold in October was 98% Search for Franklin T...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale - We are still seeing a slow down in home sales and it's all related to higher interest rates. It looks like the days of multiple offers for every home are over for now. Buyers finally get a chance to look at homes before they submit an offer, and investors seem to be less aggressive from what I've seen. 212 Franklin homes sold during the month of  September 2022 compared to 218 for the same period last year  427 Franklin homes are currently listing in the Nashville MLS as available for purchase 221 homes are currently under contract the median sales price for homes sold during the month of September was $$778,158 compared to $732,500 last year an increase of 6% the median price per square foot for homes sold was $321 compared to $265 for September of 2021 an ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Wades Grove Homes for sale -  Higher interest rates are taking a toll on sales everywhere and Wades Grove is no exception.  The average price of homes sold in Wades Grove during August of 2022 was $609,233 compared to $519,586 during August of last year an increase of 17% the list price to sales price ratio of sold homes was 98% 8 homes are under contract at this time the average price per square foot of homes sold was $226 compared to $218 for the same month last year an increase of 3% the average days on market for homes sold during the month was 32 days compared to 2 days for August of last year 8 Wades Grove homes are currently listed in the Nashville MLS as available for purchase at this time. Search for Wades Grove homes for sale here  Wades Grove is a community of all brick homes...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
The Top Franklin TN neighborhoods - based on number of sales for the month of August 2022 Westhaven  Franklin's most popular neighborhood with prices from $700,000 to over $2,000,000 Fieldstone Farms  for years the Franklin top neighborhood with homes priced from $400,000 to over $1,000,000 Mckays Mill in the Cool Springs area the homes sell fast priced from $400,000 to over $1,200,000 Ladd park  - homes priced from $800,000 to over $1,200,000 Berry Farms  homes priced from $600,000 to $1,800,000   Sales of homes in Franklin are slowing significantly due to much higher interest rates and the multiple offer situation has become less frequent. It's easier for buyers if you can stomach the higher interest rate. If you would like to search for Franklin Tn homes, just click on the links, or ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Brentwood TN Homes for sale - The impact of higher interest rates is starting to make an impact on the sales of homes in Brentwood. The number of closings for the month of July was down 21% compared to July of 2021 but the median price per square ft was up 21%. I expect a more balanced market as long as higher interest rates apply, meaning homes will sell at or very close to appraisal value in my opinion. 66 Brentwood TN homes sold during the month of July 2022 compared to 83 for the same month last year 109 homes are currently under contract waiting to close 123 Brentwood homes are listed in the Nashville MLS as available for purchase. the average size of homes sold in July was 4236 square feet The median price per square foot of homes sold was $339 compared to $279 for the same period...
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