january numbers: greater nashville sales [2018]

February 16, 2018

Jan 2018 avg sales prices for the month are still tracking higher than Jan of 2017 with Williamson increasing by 16.6%.  However, compared to Dec 2017, all counties have decreased.  The January Median Sales Price also has increased vs LY, with Maury at a 14.1% improvement.

Williamson County: As compared to January 2017

  • Average sales price in Brentwood increased from $726,729 in 2017 to $1,038,067 in 2018, a 42.8% difference, but units sold per month stayed the exact same
  • Overall, Williamson County’s average sales price increased 16.6% from Jan 2017 to Jan 2018
  • Average days on the market in Williamson County increased from 55 days to 65 days
  • Average sales price ratio is 98.2% in Williamson County, down 1.1% from last year

Davidson County: As compared to January 2017

  • Average sales price for all of Davidson County increased 8.7% to $363,637
  • Average sales price/sq ft increased 11.6% to $178.78
  • Average sales price in Area 2 increased 20.7% to $727,462, but units sold per month decreased 18.7%.
  • Area 4 days on the market increased from 46 to 92 this year