The 501 residential closings in May represent a 20% increase from the 416 closings during the same time last year.
Residential closings are the highest for May since at least 2005.
In addition to the increased closings, median price continues to climb. The $409,999 median price for May 2015 rose 2.5% from $399,950 in 2014.
Thompson’s Station home closings in May (52) were up 108% from last year (25).
Spring Hill home closings rose 42% in May (81) compared to same time last year (57).
Franklin median home sale prices in May ($455,000) increased 11% from 2014 ($408,500).