2017 2nd Quarter Housing Market Stats

So I just ran the latest numbers for eight Middle TN counties as of Friday, June 30--the final day of the 2nd quarter. I've rated each county's market strength according to eight criteria (which are listed at the end of this post). Based on my diagnostics, the eight counties are listed as follows according to market strength (the lower the score the stronger the market):

• #1: Cheatham (31)
• #2: Maury (32)
• #3: Wilson / Rutherford / Sumner (33)
• #6: Davidson (36)
• #7: Dickson (41)
• #8: Williamson (44)

Here's a summary of how the counties stack up to one another in each of the eight categories:

1. Highest Sales Price: (1) Williamson, (2) Davidson, (3) Wilson, (4) Sumner, (5) Rutherford, (6) Cheatham, (7) Maury, (8) Dickson.
2. Highest Price Per Square Foot: (1) Davidson, (2) Williamson, (3) Wilson, (4) Sumner, (5) Cheatham, (6) Rutherford, (7) Maury, (8) Dickson.
3. Fewest Days for a Home to Sell: (1) Davidson, (2) Rutherford, (3) Sumner, (4) Maury, (5) Cheatham, (6) Wilson, (7) Williamson, (8) Dickson.
4. Least Inventory: (1) Cheatham & Rutherford, (3) Maury, (4) Sumner, (5) Dickson, (6) Davidson, (7) Wilson, (8) Williamson
5. Largest % Increase in Sales Price: (1) Dickson, (2) Wilson, (3) Rutherford & Maury, (5) Cheatham & Sumner, (7) Davidson & Williamson
6. Largest % Increase in Price Per Square Foot: (1) Dickson, (2) Cheatham, (3) Wilson, (4) Rutherford & Maury, (6) Sumner, (7) Davidson, (8) Williamson
7. Largest % Decrease in Days on the Market: (1) Maury, (2) Dickson, (3) Cheatham, (4) Williamson, (5) Sumner, (6) Davidson & Rutherford, (8) Wilson
8. Largest % Decrease in Inventory: (1) Wilson, (2) Sumner, (3) Maury, (4) Cheatham, (5) Rutherford, (6) Davidson, (7) Williamson, (8) Dickson