Cedarmont Farms (Franklin, TN)
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cedarmont Farms Home Worth? May 2016 Properties active on the market: 1 Single-family properties closed in May: 2 Average sales price: $485,000 Average list price: $492,450 Sales price to list price ratio: 98.5% Average days on the market: 94 Cedarmont Farms absorption rate: .5 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Cedarmont Farms is experiencing an extreme seller's market. The list price to sales price is very good, however,  the average days on the market seems a little high. Even so, with less than 30 days of inventory, now may be a good time to list your Cedarmont Farms home.Wondering what your Cedarmont Farms home is worth? Ju...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cedarmont Farms Home Worth? Market Report for July 2014 Properties currently Active on the market: 0 Single-family properties closed in July: 3 Average sales price: $472,000 Average list price: $477,966 Average sales price to list price ratio: 98.8% Average days on the market: 48 Pending sales: 0 Cedarmont Farms absorption rate: 0 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Cedarmont Farms is in an extreme seller's market. The sales price to list price ratio is good and the average days on the market are excellent. There is absolutely no inventory in this neighborhood and by the sales over the last couple of months, there should be. Buyers want Franklin T...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cedarmont Farms Home Worth? Market Report for June 2014 Properties currently Active on the market: 3 Single-family properties closed in June: 4 Average sales price: $434,250 Average list price: $447,184 Average sales price to list price ratio: 97% Average days on the market: 107 Pending sales: 0 Cedarmont Farms absorption rate: .8 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Cedarmont Farms is in an extreme seller's market. The sales price to list price ratio is good but the average days on the market were skewed by one home that was on the market for over 300 days. All of the home currently active are already under contract which means there isn't any inv...
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