Franklin, TN Real Estate News

By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My McKay's Mill Home Worth? March 2016 Properties active on the market: 8 Single-family properties closed in March: 7 Average sales price: $416,332 Average list price: $419,957 Sales price to list price ratio: 99.1% Average days on the market: 20 McKay's Mill absorption rate: 1.1 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). McKay's Mill is experiencing an extreme seller's market. The list price to sales price is excellent and the average days on the market are low. With a little over 30 days of inventory, now may be a good time to list your McKay's Mill home.Wondering what your McKay's Mill home is worth? Just click the photo below and you w...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Maplewood Home Worth? March 2016 Properties active on the market: 0 Single-family properties closed in March: 2 Average sales price: $314,450 Average list price: $322,450 Sales price to list price ratio: 97.5% Average days on the market: 51 Maplewood absorption rate: 0 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). Maplewood is experiencing an extreme seller's market. However, the sales price to list price ratio is a little low and the average days on the market are a little high for this neighborhood.  Pricing your home right in the beginning will be crucial to securing a sale. Buyers love the location and amenities offered in Maplewood. W...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Leiper's Fork Home Worth? March 2016 Properties active on the market: 13 Single-family properties closed in March: 4 Average sales price: $500,000 Average list price: $522,446 Sales price to list price ratio: 95.7% Average days on the market: 86 Leiper's Fork absorption rate: 3.3 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). Leiper's Fork is experiencing a seller's market. Even so, the list price to sales price is low and the average days on the market are high. It looks like these sellers may have priced their homes high when they listed. Leiper's Fork home sellers must realize pricing their home right is crucial to a quicker sale and wil...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ladd Park Home Worth? March 2016 Properties active on the market: 26 Single-family properties closed in March: 13 Average sales price: $441,677 Average list price: $429,773 Sales price to list price ratio: 102.8% Average days on the market: 30 Ladd Park absorption rate: 2 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). Ladd Park is experiencing an extreme seller's market. The list price to sales price is excellent and the average days on the market are low. Eighty-five percent of the sales were due to new construction. Sellers must remember that new construction will be your primary competition. Pricing your home right in the beginning will ...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Stream Valley homes in Franklin TN 37064 - Stream Valley is a newer neighborhood located right off of I65 and Peytonsville Rd. in Franklin Tn. You really get a lot of "bang for your buck" in Stream Valley with it's location, good sized yards, finishing touches, and will soon have a community pool and clubhouse. This community also features a natural stream (thus the name), a park, and walking trails.If you would like more information about any new or resale homes in Stream Valley then click on the link or give me a call at 615-512-7853.   
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By Terry Stutts, Professional Sales, Personal Care
(Benchmark Realty LLC)
  Situated just five miles west of downtown Franklin Tennessee is, as my hippie daughter would say, the Bourgeoisie paradise known as Westhaven.  To most residents Westhaven truly is paradise or is at least as close as you can get in suburbia.  Designed as a mini-town Westhaven (a PUD community) has or will have everything you need to live within walking distance of your home such as restaurants, grocery, shops, doctor’s offices, daycare, liquor store and a public school. I’m not sure the liquor store is a necessity for everyone but if you have pre-adolescent twenty something’s living with you, I can guarantee it is. The bounce back generation, find them a home!    Westhaven caters to the way you live, large front porches, sidewalks; parks and lush landscaping give the folks wonderful o...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Hurstbourne Park Home Worth? March 2016 Properties active on the market: 7 Single-family properties closed in March: 7 Average sales price: $701,446 Average list price: $702,725 Sales price to list price ratio: 99.8% Average days on the market: 37 Hurstbourne Park absorption rate: 1 month 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). Hurstbourne Park is experiencing an extreme seller's market. The list price to sales price is excellent and the average days on the market are low. Seventy-one percent of the sales were due to new construction. Sellers must remember that new construction will be your primary competition. Pricing your home right in th...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Historic Franklin TN Home Worth? March 2016 Properties active on the market: 7 Single-family properties closed in March: 2 Average sales price: $310,000 Average list price: $369,981 Sales price to list price ratio: 83.8% Average days on the market: 15 Historic Franklin absorption rate: 3.5 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). Historic Franklin is in a seller's market. However, the list price to sales price is extremely low. This was due to one home that was in need of serious repairs selling for $100,000 less than list price. Usually, historic homes sell very quickly and close to asking price, even if they are in need of repair.It...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin Green Home Worth? March 2016 Properties active on the market: 2 Single-family properties closed in March: 4 Average sales price: $316,775 Average list price: $317,200 Sales price to list price ratio: 99.9% Average days on the market: 48 Franklin Green 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). Franklin Green is in an extreme seller's market. The list price to sales price is excellent and the average days on the market is low. With less than 30 days of inventory, now may be a good time to list your home.Wondering what your Franklin Green home is worth? Just click the photo below and you will receive your home...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
I was a fan of HGTV long before I became a real estate agent. Back in the day, Designed to Sell was my favorite show. Fast forward ten years and Fixer Upper has become my favorite. When HGTV announced that a new show was to be filmed in Nashville, I was excited that our area was going to be featured on national TV.The show is a female version of Property Brothers. Literally. Twin sister, Lex, helps sellers rehab their existing home. While twin sister, Alana, helps them buy their dream home. I'm disappointed that HGTV didn't come up with an original concept. Instead, they took the success generated by Property Brothers and created a female version. But I digress.Actually, I knew nothing about the show until I was contacted last fall by an agent representing Alana Barnett, the agent half ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Founders Pointe Home Worth? March 2016 Properties currently Active on the market: 1 Single-family properties closed in March: 2 Average sales price: $387,450 Average list price: $385,450 Average sales price to list price ratio: 100.5% Average days on the market: 44 Founders Pointe absorption rate: .5 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) Founders Pointe is in an extreme seller's market right now. The list price to sales price ratio is excellent and the average days on the market are low given the new Truth-in-Lending procedures on residential home sales. This neighborhood needs an infusion of listings. Buyers love the proximity to historic, downtown...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Fieldstone Farms Home Worth? March 2016 Properties currently Active on the market: 10 Single-family properties closed in March: 6  Average sales price: $412,650 Average list price: $418,208 Average sales price to list price ratio: 98.7% Average days on the market: 58 Fieldstone Farms absorption rate: 1.7 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) Fieldstone Farms in one of the best selling Franklin TN neighborhoods. They are clearly in an extreme seller's market. Buyers flock to this neighborhood for its affordable homes and amenities.Are you curious what your Fieldstone Farms' home is worth? Just click the photo below and you will receive your home valu...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cool Springs East Home Worth? March 2016 Properties currently Active on the market: 1 Single-family properties closed in March: 4 Average sales price: $449,500 Average list price: $455,475 Average sales price to list price ratio: 98.7% Average days on the market: 40 Cool Springs East absorption rate: .3 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) Cool Springs East is currently experiencing an extreme seller's market. Based upon the sales price to list price ratio and average days on the market, I'd say these sellers did something right to sell so quickly. Wondering what your Cool Springs East home is worth? Click the photo below to be taken to an instant ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Breezeway Home Worth? March 2016 Properties currently Active on the market: 0 Single-family properties closed in March: 4 Average sales price: $595,807 Average list price: $593,650 Average sales price to list price ratio: 100.4% Average days on the market:  Breezeway 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) Breezeway is in an extreme seller's market and given that there's not a single home for sale right now, it may be a great time to list your home. The sales price to list price has been bolstered by the new construction. The average days on the market are excellent. All which indicates a possible quick sale.With all this good news ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? March 2016 Properties currently Active on the market: 11 Single-family properties closed in March: 6 Average sales price: $734,668 Average list price: $716,638 Average sales price to list price ratio: 102.5% Average days on the market: 56 Chardonnay absorption rate: .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) Chardonnay is in an extreme seller's market. The sales price to list price ratio is excellent. Two-thirds of the homes closed in March were new construction, which accounts for the high sales price to list price ratio.  As the new construction winds down, Chardonnay sellers are in a great position to list their homes as new ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin TN Home Worth? February 2016 Properties currently Active on the market: 458 Single-family properties closed in February: 114 Average sales price: $438,917 Average list price: $445,608 Average sales price to list price ratio: 98.5% Average days on the market: 61 Franklin TN absorption rate: 4 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) Franklin continues to be in a seller's market. Given we're in the slowest part of the year, the average days on the market are very good. The sales price to list price ratio is excellent. This bodes well as we inch into the Spring selling season. Are you shocked by the average price of a home in Franklin? This numbe...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Willowsprings Home Worth? February 2016 Properties currently Active on the market: 3 Single-family properties closed in February: 2 Average sales price: $554,950 Average list price: $559,950 Average sales price to list price ratio: 99.1% Average days on the market: 93 Willowsprings absorption rate: 1.5 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) Willowsprings is experiencing an extreme seller's market. The average sales price to list price ratio is excellent. However, the days on the market seem a little high. Even so, homes in this neighborhood are in demand.Want to know what your Willowsprings home is worth? Click the photo below to get the instant valu...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Westhaven Home Worth? February 2016 Properties currently Active on the market: 58 Single-family properties closed in February: 7 Average sales price: $548,278 Average list price: $548,941 Average sales price to list price ratio: 99.9% Average days on the market: 168 Westhaven absorption rate: 8.3 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) Westhaven homeowners see new construction sales going strong in their neighborhood but they often wonder how sales are going for existing homes. Given that 86% of the closed sales in February were attributable to new construction, it's no surprise that the sales price to list price ratio is so high. The days on the mark...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Riverview Park Home Worth? February 2016 Properties currently Active on the market: 2 Single-family properties closed in February: 2 Average sales price: $312,450 Average list price: $314,400 Average sales price to list price ratio: 99.4% Average days on the market: 53 Riverview Park absorption rate: 1 month 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) Riverview Park is in an extreme seller's market right now. While the days on the market may seem high, recent changes to lending regulations may take up to 60 days. Anything under 60 days on the market are considered good.Wondering what your Riverview Park home is worth? Just click the photo below and you will rece...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Sullivan Farms Home Worth? February 2016 Properties currently Active on the market: 5 Single-family properties closed in February: 2 Average sales price: $367,000 Average list price: $379,700 Average sales price to list price ratio: 96.7% Average days on the market: 34 Sullivan Farms absorption rate: 2.5 month 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) Sullivan Farms is currently experiencing an extreme seller's market. The sales price to list price ratio is excellent. With changes to the Truth-in-Lending Disclosures and Federal guidelines of lending procedures, you can expect to see longer days on the market. Sellers should expect to see a minimum of 60 days i...
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