Franklin, TN Real Estate News

By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Westhaven Homes in Franklin TN - 15 homes sold during the month of November at an average price of $632,649, an increase of 17% over the average price just 12 months ago.. Westhaven homes in Franklin TN are always in high demand, and the prices reflect that. 15 Westhaven homes sold during the month of November the average price of homes sold during the month was $632,649 the average size of Westhaven homes sold was 3205 square feet the average days on market for homes sold was 80 days the list price to sales price ratio was 99%, so expect to pay list price or very close to it 40 Westhaven homes in Franklin Tn are currently under contract 73 Westhaven homes are currently listed in the Nashville MLS but most are still under construction Westhaven homes in Franklin Tn has been the one of t...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What Will I Pay for a Lockwood Glen Home? Buyer's Tips December 2015 Properties currently Active on the market: 25 Single-family properties closed in November: 4 Average sales price: $471,665 Average list price: $429,292 Average sales price to list price ratio: 110% Average days on the market: 5 Lockwood Glen absorption rate: 6.3 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) What Should Buyers Know About Lockwood Glen in Franklin TN?Lockwood Glen is in experiencing a normal market. Forty percent of the homes sold in Franklin during November were new construction. Buyers aren't finding what they desire in existing homes so they're turning to new construction. This dem...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What Will I Pay for an Amelia Park Home? Buyer's Tips December 2015 Properties currently Active on the market: 17 Single-family properties closed in November: 9 Average sales price: $474,721 Average list price: $472,344 Average sales price to list price ratio: 100.5% Average days on the market: 3 Active listings under contract: 6 Amelia Park absorption rate: 1.9 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) What Should Buyers Know About Amelia Park?On the surface, it appears Amelia Park is in an extreme buyer's market. However, the majority of the homes that closed during the month of November were pre-sale contracts written several months earlier. The current invent...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? November 2015 Properties currently Active on the market: 11 Single-family properties closed in November: 4 Average sales price: $750,469 Average list price: $709,857 Average sales price to list price ratio: 107% Average days on the market: 81 Active listings under contract: 1 Chardonnay absorption rate: 2.8 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 a seller's market. The sales price to list price ratio is excellent. Although, the homes closed were all new construction, this is good news to Chardonnay sellers.  These sales are keeping sales prices high. Wondering what your Chardonnay home is worth? Just click the p...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes for Sale and December 2015 market update -- 15 homes sold during the month of November at an average price of $632,649, an increase of 17% over the average price just 12 months ago.. Westhaven homes in Franklin TN are always in high demand, and the prices reflect that. 15 Westhaven homes sold during the month of November the average price of homes sold during the month was $632,649 the average size of Westhaven homes sold was 3205 square feet the average days on market for homes sold was 80 days the list price to sales price ratio was 99%, so expect to pay list price or very close to it 40 Westhaven homes in Franklin Tn are currently under contract 73 Westhaven homes are currently listed in the Nashville MLS but most are still under construction Westhaven homes in Frankl...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Fieldstone Farms Home Worth? November 2015 Properties currently Active on the market: 18 Single-family properties closed in November: 5  Average sales price: $378,980 Average list price: $387,840 Average sales price to list price ratio: 97.7% Average days on the market: 41 Active listings under contract: 6 Fieldstone Farms absorption rate: 3.6 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 is one of the best selling Franklin TN neighborhoods. They are experiencing a seller's market. The average days on the market are low and the sales price to list price ratio is good. Buyers flock to this neighborhood for its affordable homes and amenities....
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Cool Springs homes for sale and December 2015 market report - 34 Cool Springs homes sold during the month of November with the average price of homes sold at $483,455. The absorption rate of Cool Springs homes is still an impressive 4 months, keeping homes in Cool Springs in a sellers market. average days on market for sold homes was only 43 days in November the average size of homes sold in Cool Springs was 3095 square feet 54 Cool Springs homes are currently pending sale 37 Cool Springs homes are currently listed in the Nashville MLS as available for purchase the absorption rate for Cool Springs homes is down to 4 months The average list price to sales price ratio for November was 99%   Cool Springs is part of the City of Franklin in zip code 37067 in Williamson county, and is locate...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
For the most-up-to-date information on Nashville home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Nashville MLS listings come on the market or price reductions in Nashville real estate are posted. information on this page is based on information on single family homes for sale in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Gree...
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By Mike Grumbles, The Relocation Engineer in Franklin TN
(Gray Fox Realty)
DOM is used in the MLS (Multiple Listing Service) to reference Days on Market or how long a property has been advertised for sale.  But what else does it mean? In this episode from The Relocation Engineer (Engineering Your Next Move), the topic is  DOM = Days on Market.  The DOM is listed for each property in our local MLS (Multiple Listing Service).  It is a gauge for how well a property is being received by the buyers in a certain area relative to the average for the area.  For example a property that is overpriced, or not well maintained or effectively marketed will have a higher DOM than an effectively marketed home that has an appropriate price and good condition.  Many websites do not display the DOM, so if you want to know then shop online athttp://mike.franklin.exitrealtyofthes...
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By Mike Grumbles, The Relocation Engineer in Franklin TN
(Gray Fox Realty)
The Relocation Engineer, Mike Grumbles, ENGINEERING Your Next Move in this video blog episode is here to provide a few tips to help prepare your Franklin TN home for the upcoming winter.  Now that Fall weather is here it is time to start thinking about these simple things that you can do to prepare your home for colder weather. Introduction Video for this episode.Watch the full length video below and read the blog to gain some insight in extra tips that I shared to prepare your Franklin home for the harsh cold weather coming soon. If your home is on a crawl space and you do not have an encapsulated or sealed crawl space you likely have vents placed all around the base of your home into the crawl space.  Those vents are opened for the summer months to allow air to circulate across the cr...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin Tn homes for sale - 179 Franklin Tn homes closed during the month of October compared to 161 for the same month in 2014, an increase of 11% year over year. The median price Franklin TN real homes sold during the month was $459,000 compared to $417,000 last year, an increase of 10%. It's still a sellers market in Franklin with only a 4 months supply of listed inventory. the median list price to sales price ratio for Franklin TN homes in October was 100% 305 Franklin TN homes are pending at this time 728 Franklin TN homes are currently listed in the Nashville MLS as available for purchase the absorption rate based on October sales is 3 months The top Franklin Tn neighborhoods for the month of October based on sales were Westhaven with 23 closings Fieldstone Farms with 8 closings ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, and new homes in various subdivisions across the Nashville Metro region.information on this page is based on information on single family homes for sale in Westhaven per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
I hosted an open house on Sunday. The weather was beautiful and the open house was in a good location to attract passers-by. We had ten couples who visited that day.As the sellers returned home, I told them we had good traffic but not sure any were legitimate buyers. They suggested we have an open house every week because they are getting more buyers through the house in two hours than they do all week. Just because these people attended the open house doesn't mean they are actual buyers. Sellers often think that visitors attending an open house are interested in buying their house right now and have chosen to view it through an open house rather than contacting an agent. This is rarely the case. As a matter of fact, in the eight years I've been selling real estate, only one open house ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
403 Letitia Dr, Franklin TN 37067 SOLD!in Villages of ClovercroftWhen Franklin Homes Realty LLC listed 403 Letitia Dr, Franklin TN 37067 back in August, there weren't any homes on the market in the Villages of Clovercroft neighborhood. The sellers had made some wonderful additions to this home including landscape lighting, brick paver patio with gas powered fire pit and a Koi pond. The interior had so many upgrades, we knew it was going to be hard to compete with homes in the neighborhood of a similar size that might be priced better but had fewer amenties. We took advantage of this lull in inventory and priced the home more in line with the new construction of Amelia Park about a mile down the road. Not surprisingly, neighbors saw this as an opportunity to enter the market at a higher ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes in Franklin TN - 13 homes sold during the month of September at an average price of $566,144. Westhaven homes in Franklin TN are always in high demand, and the prices reflect that. With 49 homes currently in under contract, you can expect the sales volume to continue for the rest of the year. 13 Westhaven homes sold during the month of April the average price of homes sold during the month was $566,144 the average size of Westhaven homes sold was 2836 square feet the average days on market for homes sold was 70 days the list price to sales price ratio was 101% so don't even think about a low ball offer 49 Westhaven homes in Franklin Tn are currently under contract 73 homes are currently listed in the Nashville MLS but most are still under construction Westhaven homes in ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Polk Place Homes in Franklin TN - October 2015 Prices of Polk place homes have been on a steady rise for that last few years, as have most of the homes in Franklin Tn. The median price of homes in October increased 11% year over year during the month of September. 4 Polk Place homes sold during the month of September compared to 2 in the previous September the average sales price of homes sold during the month was $427,925 compared to $374,000 last year average days on market for homes sold was down to 32 Days the average size of homes sold was 3222 square feet making the average price per square foot at $133 2 Polk Place homes are currently listed in the Nashville MLS as available for purchase 3 homes are under contract at this time Polk Place homes are in a sellers market with the abs...
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By Maria Holland, Realtor, ABR, GRI, CDPE, SFR
(RE/Max Homes & Estates, ABR,GRI, CDPE, SFR)
 Lease this charming home!  Just minutes from downtown Franklin you can live the dream.  Sidewalks and park areas accent the neighborhood making the area ideal as well.  Featured here you will find 5 bedrooms and 4 baths.  All bedrooms are up with the exception of a guest suite down which the current owners have used as an office.  This open and light filled floor plan will simply stun and delight your senses.  Hardwoods mark the entire first floor along with beautiful crown molding and lighting.  Granite counters grace the Kitchen and master bath. Stainless steel appliances along with a gas cooktop highlight the kitchen.  The large wrap around bar is perfect for every day living and even better for entertaining.  Large windows are accented along the back of the house allowing natural l...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
Due to the limited housing inventory in Franklin TN, many buyers are turning to new construction homes. It's easy to see why large numbers of buyers are opting for new construction. Not only do they get to choose their finishes but they also get new roofing, plumbing, electrical, heating and cooling systems.If a buyer was purchasing an existing home, he would always get a home inspection. After all, he's not an expert in roofing, plumbing, electrical, heating or cooling systems. Why then does that same buyer think it's not necessary to get a home inspection on new construction?Primarily because he feels he has some added protection through the one-year home warranty offered by the builder. Unfortunately, without a home inspection there's no way of knowing if everything is working proper...
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By Tom White, Franklin Homes Realty LLC, Franklin TN
(Franklin Homes Realty LLC (615) 495-0752 or www.FranklinHomesRealty.com)
Franklin TN Condo and Townhome Market Trends --October 2015What's happening in the Franklin TN Condo and Townhome market? The best place to start is to look at a current market report. Let's see what happened in Franklin TN in September 2015.  Active condo/townhomes listings: 67 Of those units currently on the market, the number under contract: 27 Properties closed in September : 28 Average sales price: $271,809 Average list price: $ 274,249 Average sales price to list price ratio: 99.1% Average days on the market: 57 Average per SF sold price: $167.78 Lowest per SF sold price: $104.66 (Andover) Highest per SF sold price: $263.37 (Grant Park) To determine whether it's a buyer's or seller's market, REALTORS® use something called absorption rate. If you take the current inventory of 67 ho...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Franklin Tn real estate for sale and October 2015 market update - 184 Franklin Tn homes closed during the month of September at an average price of $460,869. The absorption rate based on September sales and the current inventory is 4 months, and the average days on market is 61 days. Franklin homes are in a sellers market. the average list price to sales price ratio for Franklin Tn Homes in September was 98% 310 Franklin TN homes are pending at this time 716 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, but most are already under contract the absorption rate based on September sales is 4 months The top Franklin Tn neighborhoods for the month of September based on sales were Westhaven with 13 closings Fieldstone Farms with 10 closings Ladd Park wi...
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