Franklin, TN Real Estate News

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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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Villages of Clovercroft Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 2 Average sales price: $448,250 Average list price: $453,500 Average sales price to list price ratio: 98.8% Average days on the market: 42 Villages of Clovercroft 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) 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 belo...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Mckays Mill Homes in Franklin TN 37067 - 8 homes sold during the month of March, at an average price of $399,916, With an absorption rate of just 1 month,Mckay Mill homes are in a strong sellers market. As a consequence, homes are selling at 98% of asking price, and the average days on market is just 22 days. Be prepared to compete if you are a buyer, and be prepared to have lots of traffic in you home if you are a seller. 8 McKays Mill homes sold in the month of March compared to just 2 for the same month last year 6 homes are currently available for purchase 6 Mckays Mill homes are currently under contract and will probably close in April the list price to sales price ratio of homes sold in March was 98% average days on market for homes sold was 22 days The absorption rate of Mckays M...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin Tn homes for sale - 188  homes closed during the month of March at an average price of $520,086, an increase of 8.8% in volume and just a slight increase in average price from $517,688 last year. The average price per square foot increased 7% to $168. the absorption rate of Franklin TN homes based on March sales and current inventory is a little over two months the list price to sales price ratio was 99% 209 homes are currently under contract 474 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, many of them are in various stages of construction and may not be finished for several months Search for Franklin TN homes for sale here  \For the most-up-to-date information on Franklin TN real estate values, then we urge you to contact us. We can a...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Falcon Creek is located on the east side of I-65 on South Carothers, just south of Murfreesboro Rd. This Franklin location is just minutes from access to I-65, historic downtown, Cool Springs Galleria Mall, and all of the other shops, restaurants and entertainment of Franklin.Homes in Falcon Creek range in size from approximately 1,200 up to nearly 3,000 square feet. During 2015, the average price of homes sold was $267,000 and the average size was 1718 square feet.Falcon Creek homes are always in high demand and the list price to sales price ratio in 2015 was 99.3%, so expect to pay list price or more if you are a buyer.The community features a pool, tennis courts and a large, open green space. At the time of this article, the neighborhood is zoned for Williamson County Schools; Trinit...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Search for Creekstone-Franklin, TN homes for sale MLS search. Creekstone is a Pulte Homes development, consisting of about 125 homes in all. Homes average nearly 2,700 square feet and lots are around .2 acres.Creekstone is zoned for Franklin Special School’s Moore Elementary, as well as Freedom Intermediate and Middle Schools and Centennial High School.There is very low inventory in this community. So, if you would like more information or would like to see a Creekstone home then please don’t hesitate to contact us. *All information deemed accurate as of time of posting, but not guaranteed. Any information may change without notice. Please independently verify any information important to you.
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