The Williamson County Association of Realtors using data from RealTracs, the Multiple Listing
Service for Middle Tennessee, has compiled the following sales data for October 2009.
Closing Median Price Average Price Days on Mkt
Residential 214 $300,000 $385,665 91
Condominiums 25 $180,000 $201,165 111
Karen Baker, 2010 President of the Williamson County Association of Realtors, made the following comments: "Some of the drop in the median price is due to new buyers taking advantage of the existing First Time Homebuyer's tax credit that was set to expire November 1st.The lower priced homes in our area are selling faster than those priced above the FHA lending limits of $432,500; where non-conforming loans are required. However, we anticipate that changing with the recent announcement of the Home Buyer's Tas Credit extension and the expansion to include existing homeowners who have owned their homes for five or more years. These homeowners can receive a $6500 tax credit on the purchase of a home. This tax credit expires in April, so call a REALTOR today to begin the process."

