Williamson County Homes Market Statistics June 2011

Williamson County as a whole has 12.8 months of inventory. The 37027 zip code of Brentwood has 12Franklin has 13.0 months of inventory. These two zip codes makeup about half of the active listings in all of Williamson County.

PENDING RATIO, chart below predicts as best it can the market trend for the next 30 days. Will it improve or decline?

This months indicator is that we will see declining inventories for the next monthly report. Successive months of delcinin inventory will lead to price stabilization. Speaking of price, the homes in the county are being reduced 3.5% on average during the listing period and then 4.5% again in the negotiation phase. However the median listed home is similar in price to the median SOLD home.

For more data look at this TABLE.