What's My Chardonnay Home Worth? April 2016
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? April 2016 Properties active on the market: 2 Single-family properties closed in April: 3 Average sales price: $679,114 Average list price: $679,963 Sales price to list price ratio: 99.9% Average days on the market: 105 Chardonnay absorption rate: 1.5 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). Chardonnay is experiencing an extreme seller's market. The new construction in this neighborhood is keeping the home values high. A benefit to sellers who may be thinking about listing their home. Give the shortage of inventory, now may be a great time to do this.Wondering what your Chardonnay home is worth? Just click the p...
Comments
0