Franklin - Brentwood Edition - January 2021

REAL ESTATE

Market at a glance

Neighborhood updates

COMPILED BY WENDY STURGES

The median price of homes sold in Williamson County decreased slightly in December; however, active inventory saw a sharp decrease as compared to December 2019. MARKET DATA FOR DECEMBER

MEDIAN PRICE OF HOMES SOLD INWILLIAMSON COUNTY WITHYEAROVERYEARPERCENTAGE CHANGE

2019 2020

July

August

September

October

November December

Construction is ongoing at McEwen Northside in Cool Springs.

$700,000

NUMBER OF HOMES SOLD 2019

WENDY STURGESCOMMUNITY IMPACT NEWSPAPER

2.7%

+18.1% +11.4%

$650,000

Take a look at some new neighbor- hoods under construction in the Franklin and Brentwood areas. 1 McEwen Northside Leasing at the McEwen Northside Apartments began in August while construction wraps up on the mul- tifamily community. The complex oers 1-, 2- and 3-bedroom units with amenities including a wellness center and clubhouse. 2 The Avenues at Shadow Green New townhomes are under construction south of downtown Franklin near Columbia Avenue. The new homes range from $248,990 to $338,990 and feature 1-2 bedrooms ranging from 912-1,357 square feet, according to builder Goodall Homes. 3 Broad Oaks This 8-lot community in Brentwood features 2-plus acre homesites starting at $3 million. The community, located along Lawson Way near Wilson Pike and Concord Road, features open lots with home plans from homebuilder Partners in Building.

+6.5%

+5.0% +10.3%

$600,000

2020

$550,000

294 199

Franklin

$500,000

$450,000

61

62

Brentwood

$400,000

$0

475 511

Williamson County

DAYS ONMARKET INWILLIAMSON COUNTY WITHYEAROVERYEARPERCENTAGE CHANGE

2019 2020

ACTIVE INVENTORY

July

August

September

October

November December

45

2019

2020

40.5%

27.7%

40

432 130

15.6% 15.1%

Franklin

+3.3%

35

0.0%

30

131 45

Brentwood

25

20

1,276 456

Williamson County

15

0

NUMBER OF HOMES SOLD IN LOCAL CITIES

BRENTWOOD 2019: 61 2020: 62

431

31

3

431

96

FAIRVIEW 2019: 17 2020: 28

NOLENSVILLE 2019: 66 2020: 65

65

1

WILLIAMSON COUNTY

FRANKLIN 2019: 204 2020: 199

ARRINGTON 2019: 2 2020: 16

31

THOMPSON’S STATION 2019: 35 2020: 43

COLLEGE GROVE 2019: 18 2020: 27

840

2

65

SPRING HILL 2019: 65 2020: 65

N

N

SOURCE: WILLIAMSON COUNTY ASSOCIATION OF REALTORSCOMMUNITY IMPACT NEWSPAPER

What do you do with leftover champagne? Grab a drink and enjoy the show! We hope to see you there. Virtual attendance only. THE PERFECT PAIRING! New Year A Bubbles : with

Please join Traditions of Mill Creek and our very own Chef Pete for a Virtual Cooking Demo! THE SCRATCH KITCHEN AT TRADITIONS OF MILL CREEK - NOLENSVILLE LIVING -

BRENTWOOD’S PREMIER CHOICE FOR ASSISTED LIVING & MEMORY CARE 7110 Southpoint Pkwy, Brentwood, TN 37027 (615) 375-3550 | www.vitalityseniorliving.com

18

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM

Powered by