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Thompsons Station TN Home Sales Statistics - 2013 end of year Market Report

Thompsons Station TN Home Sales Statistics - 2013 end of year Market Report

Thompsons Station home sales have been quite strong this year.  When considering single family home sales between January and November, the median sale price is up 17.1% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the last 7 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole is really quite healthy and moving out of the down market we’ve experienced the past several years.  Likewise, the sales volume for 2013 has surpassed the volume of 2006.  Also, the median Days on Market has dropped and homes are selling faster than they have in 5 years!

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Please keep in mind that real estate market conditions vary based on the specific location and price point.   It is a Sellers market in the lower price ranges.  The middle of the price point in Thompsons Station does bring a balanced market.  It is still a Buyers market for high end homes in Williamson County, Tennessee.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  No one wants to feel like they got a bad deal or that they did all the compromising during negotiations.  If you are considering making a move, please give me a call at 615-260-5858 for a no-obligation market analysis for your home!  Visit my Real Estate Statistics Page to see market reports for other Middle TN cities.

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Below are the detailed numbers pulled from MLS to create the charts above.  Feel free to contact me if you have questions about this information.

Year 2006    301 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 900 1 1 $89,900 $83,000 0
AVG 2,317 3.43 2.29 $255,373 $252,736 52
MEDIAN 2,261 3 2 $219,900 $217,900 46
MAX 4,925 5 4 $1,200,000 $1,180,000 372
             
Year 2007    210 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 896 2 1 $50,000 $50,000 0
AVG 2,337 3.36 2.25 $290,460 $286,748 66
MEDIAN 2,193 3 2 $229,900 $227,450 58
MAX 4,578 5 5 $2,362,500 $2,364,250 347
             
Year 2008    176 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,182 2 1 $134,010 $130,000 0
AVG 2,572 3.5 2.41 $318,839 $308,706 107
MEDIAN 2,352 3 2 $249,875 $243,500 80
MAX 5,657 6 5 $1,299,950 $1,220,000 447
             
Year 2009    133 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,222 3 2 $25,000 $22,000 0
AVG 2,446 3.38 2.3 $265,943 $248,609 98
MEDIAN 2,229 3 2 $216,900 $205,250 74
MAX 8,962 6 5 $1,750,000 $850,000 892
             
Year 2010    128 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,212 2 2 $118,900 $120,000 0
AVG 2,527 3.4 2.44 $257,951 $246,590 116
MEDIAN 2,336 3 2 $220,350 $208,950 80
MAX 8,117 5 5 $849,000 $825,000 823
             
Year 2011    155 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,034 1 1 $113,900 $100,000 0
AVG 2,387 3.46 2.33 $234,700 $226,962 96
MEDIAN 2,325 3 2 $197,000 $190,000 86
MAX 5,170 5 5 $944,850 $829,000 626
             
Year 2012    222 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1,053 1 1 $102,900 $98,000 0
AVG 2,318 3.43 2.31 $246,021 $240,667 89
MEDIAN 2,182 3 2 $228,950 $224,924 80
MAX 6,260 5 5 $679,900 $625,000 591
Comment balloon 0 commentsTiffany White • December 11 2013 08:27PM

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