Williamson County Real Estate sales
Williamson County saw 2,743 sales in 2008 with an average sold price of $430,633 in 82 days. The cities: Brentwood, Franklin, Thompsons Station, Spring Hill, Nolensville, Fairview, Arrington and College Grove are analyzed below by their top selling subdivisions (number sold in 2008; average sold price; average days on the market).
Brentwood TN real estate sales
Brentwood residential real estate as a whole saw 532 homes sold in 2008 with an average sold price of $654,598 in approximately 87 days. The number of sales is down from 748 in 2007. The following subdivisions saw the biggest volume in sold homes in 2008 (number sold, average sold price, average days on market).
1. Brookfield - 31; $579,089; 136 days. This number was down from 56 in 2007, and the average sold price was just slightly down in 2008.
2. Annandale - 25; $1,227,495; 79 days. This number was down from 42 in 2007, and the average sold price was up by 3% in 2008.
3. Governor’s Club - 20; $956,577; 102 days. This number was down from 27 in 2007, and the average sold price was actually down 23% compared to those sold in 2007.
4. Copperstone - 19; $644,036; 127 days. This number was down from 28 in 2007, and the average sold price was down 5% compared to 2007.
5. Fountainbrooke - 17; $621,823; 78 days. This number was up from 11 in 2007, but the average sold price was down 7% compared to 2007.
6. Belle Rive - 17; $766,467; 95 days. This number is up from 11 sold in 2007, but the average sold price was down 4% compared to 2007.
7. Inglehame Farms - 17; $735,284; 84 days. This number is down from 20 sold in 2007, but the average sold price was up 2% compared to 2007.
Other top selling neighborhoods included: Brenthaven, Taramore, Meadow Lake, Willowmet, River Oaks, Highland Park, Courtside @ Southern Woods, and Brentmeade.
Franklin TN real estate sales
Franklin residential real estate as a whole saw 1,285 homes sold in 2008 with an average sold price of $430,362 in approximately 78 days. This was down from 1,831 sold in 2007. The following subdivisions in Franklin, TN saw the biggest volume in sold homes in 2008 (number sold, average sold price, average days on market).
1. Fieldstone Farms - 122; $313,238; 79 days. This number was down from 158 in 2007, and the average sold price was also down 4$ from 2007.
2. Westhaven - 101; $626,815; 90 days. This number was down from 137 in 2007 with average sold prices also down 7% from 2007.
3. McKays Mill - 69; $419184; 48 days. This number was considerably down from 209 in 2007, but average sold prices were up 7%.
4. Franklin Green - 54; $244,399; 78 days. The number was slightly down from 57 in 2007 and the average sold price was virtually the same.
5. Avalon - 49; $511,715; 67 days. This number was down from 86 in 2007, and the average sold price was down 6%.
6. Village of Clovercroft - 49; $399,460; 6 days. Only two were sold in 2007 because it was a new development.
7. Forrest Crossing - 39; $323,848; 69 days. This number is slightly down from 41 in 2007, but average sold price was up 5%.
8. Sullivan Farms - 39; $334,154; 83 days. This number is down from 59, but the average sold price was down 5%.
9. Garden Club - 33; $505,263; 60 days. This number is up from 26 in 2007, but the average sold price was down 12%.
10. Polk Place - 30; $39,945; 83 days. This number was up from 25 in 2007, but the average sold price was down 5%.
Other high volume neighborhoods in 2008 in Franklin were: Willow Springs, Temple Hills, Riverview Park, Maplewood, Leipers Fork, Downtown Franklin, Ladd Park, Gateway Village, Founders Pointe, Cottonwood, Cool Springs East and more…
Nolensville TN real estate sales
Nolenville residential real estate as a whole saw 194 homes sold in 2008 with an average sold price of $355,261 in approximately 60 days. This number was down from 349 in 2007. The following subdivisions in Nolensville, TN saw the biggest volume in sold homes in 2008 (number sold, average sold price, average days on market).
1. Bent Creek - 42; $348,074; 57 days. This was down from 95 sold in 2007 and the average sold price decreased slightly at 1%.
2. Silver Stream - 28; $335,369; 6 days. This was down up from 15 in 2007, and the average sold price decreased 4%.
3. Ballenger Farms - 23; $277,175; 132 days. This was down from 80 in 2007, and the average old price was down 5%.
4. Winterset Woods - 22; $317,775; 56 days. This number was down from 40 in 2007, and the average sold price was down 7%.
5. Stonebrook - 16; $240,987; 95 days. This number was down from 28 in 2007, and the average sold price was down 8%.
Spring Hill TN real estate sales
Spring Hill residential real estate as a whole saw 363 homes sold in 2008 with an average sold price of $$270,784 in approximately 90 days. This was down from 603 sold in 2007. The following subdivisions in Spring Hill, TN saw the biggest volume in sold homes in 2008 (number sold, average sold price, average days on market).
1. Wyngate - 38; $215,361; 82 days. This number was down from 50 in 2007, but the average sold value was up 2%.
2. Autumn Ridge - 31; $434,949; 140 days. This number was up from 17 sold in 2007, and the average sold value was up by a couple of thousand…not quite 1%.
3. Cherry Grove - 31; $417,937; 95 days. This number was down from 70 in 2007, but the average sold value was up 9% from 2007 to 2008.
4. Campbell Station 21; $332,682; 79 days. This is down from 38 in 2007, and the average sold value was down 13%.
Other subdivisions with a fair number of 2008 sales included: Chapmans Retreat, Chapmans Crossing and Willow Vale.
Thompsons Station TN real estate sales
Thompsons Station residential real estate as a whole saw 185 homes sold in 2008 with an average sold price of $$306,101 in approximately 108 days. This was down from 224 sold in 2007. The following subdivisions in Thompsons Station, TN saw the biggest volume in sold homes in 2008 (number sold, average sold price, average days on market).
1. Cameron Farms - 26; $213,527; 73 days. This was down from 36 in 2007, and the average sold price was down by 4%.
2. Crowne Pointe - 25; $263,292; 102 days. This was slightly down from 22 in 2007, and the average sold price was down by 10%.
3. Newport Crossing - 25; $200,949; 83 days. This was slightly down from 24 sold in 2007, and the average sold price was down by 5%.
4. Tollgate Village - 18; $427,922; 155 days. This was down from 27 sold in 2007, and the average sold price was also down 15%.
Fairview TN real estate sales
Fairview residential real estate as a whole saw 127 homes sold in 2008 with an average sold price of $$215,939 in approximately 81 days. This was down from 224 sold in 2007. Fairview, TN did not have many subdivisions with more than a small handful of sales (most were spread across many subdivisions or not within subdivisions), but the two with the most in 2008 are represented below (number sold, average sold price, average days on market).
1. Fernvale Heights - 11; $129,939; 81 days. This was up from 6 in 2007, but average sold prices went down 7%.
2. Castleberry Farms - 10: $299,030; 100 days. This was down from 14 in 2007, and average sold prices went down 19%.
Other cities exist within Williamson County with small numbers of sales in 2008. They include: Primm Springs - 3 sold, $118,167 average, 62 days; College Grove - 17 sold, $391,847, 77 days; a small section of Nashville - 18, $594,334, 71 days (mostly in Horseshoe Bend subdivision); Eagleview - 2 sold, $248,563, 118 days; Arrington - 16, $631,699, 118 days; and Columbia - 1, $279,800, 91 days.
This data should not be used as a comparative market analysis in buying or selling a home. While average sold values may have increased or decreased from prior years, the number and types of homes sold were different from year to year, which may or may not reflect an accurate increase or decrease in value for that particular neighborhood. Many factors not analyzed here contribute to a true comparative market analysis. A Realtor can give you the most recent sales data of “like” properties to present a more accurate picture of a home’s value. If you do not already have a Realtor in which you are working, contact me at 615-739-2944 or denawilliams@kw.com for additional sales data and statistics in Williamson County.
