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Median Home Price Move Upwards

Home sellers and owners alike received rare but good news with the announcement of a rise in median sales prices last month.  According to the Williamson County Association of Realtors, the Williamson County median sales price for a home was up from May 2010 to $335,000, the highest it has been since 2008 when it was $370,000.  Median sales prices are a great indicator of how well or poorly things are going.  Based off of this evidence and median home sales being on the uprise, Tennesseans should be thinking positively, in hopes that this pattern will continue.

A rising median price usually means a rise in home value if it continues on a monthly basis.  The Tennessean found 50 homes in Williamson County priced from 330,000 to 340,000. Although those pickings might seem slim, the range and variety of housing options were found “impressive.”   Homes in this price range can be prevelently found in many Nashville neighborhoods including Franklin, Nolensville, Owl Creek, Fairview, and Brentwood. To learn more about each neighborhood and its offerings, visit the Tennessean.

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