Home sales statistics were compiled for 2010 through 2017 for College Grove, TN. The Median Sale Price, Sales Volume and Median Days on Market were charted to see how these indicators have changed as our local homes values have appreciated year over year. The median price for single family homes in College Grove during 2017 was $595,371. The median sale price has increased 7% since 2016, 8% since 2015 and 14% since 2014!
The total home sales volume in College Grove, TN for 2017 was 502. The total number of homes sold increased about 15% from 2016 to 2017. There was a 42% increase from 2015 to 2017. The units sold increased by a whopping 129% from 2014 to 2017!
The median days on market for single family homes in College Grove has experienced the most drastic change in the past few years. The median days on market was just 23 days in 2017 and 10 days in 2016. By contrast, the median days on market was 62 in 2011. Homes are selling faster and for a higher price than they have in recent history!
About 74% of College Grove’s home sales in 2017 were either new homes or those built within the last 5 years.
In 2017, the highest months for closings were June, July and August each with 17 closed homes. The lowest monthly sales occurred in March and April each with 6 closings.
Please call me at 615-260-5858 if you would like specific data for your neighborhood or area of interest.
9175 Carothers Pkwy. Ste. 110, Franklin, TN 37067
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Statistics are based on closed sales of site-built, single family homes as of MLS data on February 28, 2018.