What's My Morningside Home Worth? 2014 Home Sales
By Tom White, Franklin Homes Realty LLC, Franklin TN
(Franklin Homes Realty LLC (615) 495-0752 or www.FranklinHomesRealty.com)
Morningside is one of the few 55+ Senior Living communities in Franklin TN. This development of approximately 300 cottage type townhomes is located just off of Mallory Station Road in the heart of Franklin. With 17 sales closed in 2014, it ranked 4th in Franklin for the number of condo/townhomes sold. Here are the stats for 2014: Number of units closed 2014: 17 Currently under contract: 2 Currently available: 0 Average sold price: $319,911 Average list price: $321,788 Average sale price per sq. ft.: $162.23 Sales Price to List Price Ratio: 99.4% Average Days on Market: 24 As you can see from the very low Days on Market (DOM) and the sales price to list price ratio, homes here sell fast at a great price. Morningside is currently in seller's market. There are no homes available on the ma...
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