What's My Watkins Creek Home Worth? Market Report for July 2014
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Watkins Creek Home Worth? Market Report for July 2014 Properties currently Active on the market: 8 Single-family properties closed in July: 3 Average sales price: $582,333 Average list price: $589,433 Average sales price to list price ratio: 98.8% Average days on the market: 50 Active listings under contract: 2 Percentage under contract: 25% Watkins Creek absorption rate: 2.7 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) Watkins Creek is in a seller's market. The sales price to list price ratio is excellent and the average days on the market are relatively low. Homeowners are competing with new construction so pricing your home right is crucial to a quick s...