From the WCAR:
Buyers willing to pay steadily increasing prices to call Williamson County home
Total home closings in Williamson County rose 14.7 percent in November 2016 to the strongest in decade, according to the monthly market report released today by the Williamson County Association of REALTORS® (WCAR). The total number of closed home sales were 399 for the month compared to 348 in November 2015.
The median sales price for a single-family home increased 7.6 percent to $443,507 in November 2016, compared to $412,176 for the same period last year. November marked the ninth consecutive month the median sales price for a single-family home surpassed $400,000.
Year-to-date total home sales in Williamson County are 5,228, an increase of 3.5 percent over the 5,051 closings for the same period last year.
“With home sales for the month of November rising to the strongest in a decade, it is expected the housing market in Williamson County will continue at a solid pace through the end of the year and into 2017,” said Lisa Wurth, President of the Williamson County Association of REALTORS®. “Sellers continue to see a good financial return on their homes as evidenced by steadily rising sales prices. Potential home buyers remain keenly interested in making their home in Williamson County.”
“Williamson County embodies the characteristics that make a community truly great: excellent schools, safe neighborhoods and a growing economy,” added Wurth. “Buyers are willing to act quickly and decisively when they find the home that works for them.