For any homes over $500,000, your write-off would go down tremendously. Nooooo! ——- Jacey
Take away for the month…if you own a townhome and can afford to sell it, this might be the time! Let’s look at the numbers. – Jacey
Greater Nashville – still feeling hot hot hot…
- Unit sales were again up in the Nashville area last month, finishing September with 3,544 closings, a 2 percent increase compared to a year ago. “For a month where home sales begin to slow, this past September turned out to be remarkable for our region. Middle Tennessee achieved the best-performing month of September that we have on record,” – per Scott Troxel, president of Greater Nashville Realtors
- Median home sales price for a single-family home sold in September was $280,000, up from $256,900 a year ago (+9%). The median price for a condo/townhome unit sold in September was $223,450, up from $188,495 (+18.5%!!!).
- Condos/townhomes continue to be highly desired!
Williamson County – still strong yet milder in September…
- Unit sales were flat to LY in September with residential single-family home closings year over year identical at 488 units sold.
- Median homes sales dropped to $452,520 from an August price of $469,950. This represents a 3.7% drop from August but is still up 2.7% from this time in 2016.
- The three cities in Williamson County that top the median sales price are Brentwood at $710,000, Arrington at $639,900 and College Grove at $555,730.