Your Weekly Update from Paul Morris
You gotta love Tennessee. We've gone from a Spring Season that never really got mildly warm to 90 degrees in June. The weather will always keep us guessing.
Below are May Market Reports for Franklin, Brentwood, Spring Hill, and Columbia showing New Listings, Pending Sales, Closed Sales, and Average Percent of Sale Price.
If you will notice two things. Closed Sales is down from last year in all four areas but the Average Percent of List Price remains high at 98 and 99 percent. Has the value of your home dropped compared to last year? Sure. About 2%. Has the value of your home "crashed?" No.
Thank you for your time today. Call or text me anytime to let me know what I can do for you. I look forward to working with you now or in the future...
Paul Morris
(615) 495-7328 (M)
(615) 371-1544 (O)