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January 7, 2009


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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Davidson County, Tennessee

Reported by Lucy Bottorff, REALTOR

Updated December 29, 2008.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

Through the 4ht Quarter, 2008: (Davidson County - Murfreesboro Rd. to I65)
986 single family properties on the Market
Average square footage: 2,085
List Price: $218,126
Days on Market (DOM): 91

During the 4th Quarter of, 2008: (Davidson I65 to Charlotte Pike)
1,039 single family properties on the Market
Average square footage: 3,398
List Price $721,155
Days on Market (DOM): 101

During the 4th quarter, 2008: (Davidson County-I40E to Murfreesboro Rd.)
394 single family properties were on the Market
Average square footage: 1,807
List Price: $158,896
Days on Market (DOM): 82

A recent GNAR reported November statistics. Their numbers were not encouraging. There were 1,243 closings in November, a decrease of 45 percent from the 2,260 closings reported in November of 2007.

Year-to-date closings are 22,824, a decrease of 29 percent from the 32,112 closings for the same period in 2007.

The median price for a single-family residence was $165,000 and $150,000 for a condominium, compared with median prices of $179,900 and $167,035 respectively in November 2007.

Inventory is currently at 23,467, compared with 22,301 at this time last year.

Please visit my website at www.iSellNashvilleRealEstate.com for a FREE Relocation Packet and to search for Davidson County Homes.


Approximate Location Boundaries: Davidson County

Location Characteristics: Davidson County continues to grow economically as well as remain a main center for music. Boasting numerous restaurants, corporations, parks, museums, world-class sports and first rate musicians - Davidson County is a desitnation for many toursits, travellers and business executives.

For More Information:

View Market Conditions of other areas served by Lucy Bottorff

Navigate: Top > Tennessee > Davidson County

About Lucy Bottorff:
Client satisfaction is one of Lucy's primary goals. Lucy is a local native and is very familiar with the trends and motions of the local markets. Friendly and helpful...Call Lucy today!


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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