What's My Carronbridge Home Worth? Market Report for November 2014 Properties currently Active on the market: 5 Single-family properties closed in November: 2 Average sales price: $641,000 Average list price: $659,450 Average sales price to list price ratio: 97.2% Average days on the market: 29 Carronbridge absorption rate: 2.5 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) Carronbridge homes for sale in Franklin TN is currently experiencing a seller's market. The average sales price to list price ratio is good and the average days on the market is low. This is good news for Carronbridge homeowners who are thinking of selling Are you curious what your Carronbridge hom... 12/28/2014

What's My Avalon Home Worth? November 2014 Properties currently Active on the market: 15 Single-family properties closed in November: 2 Average sales price: $659,000 Average list price: $689,900 Average sales price to list price ratio: 95.5% Average days on the market: 95 Active listings under contract: 0 Avalon absorption rate: 7.5 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) Avalon is currently experiencing a buyer's market. It's difficult to write a commentary on the sales in Avalon because of the diversity in housing within the different sections of this neighborhood. There is everything from townhomes to large million dollar estates on acreage. At a sales price... 12/27/2014

Merry Christmas from Franklin TN During the Holiday Season more than ever, our thoughts turn gratefully to those who have made our progress possible. And in this spirit we say, simply but sincerely Thank You and Best Wishes for the Holiday Season and a Happy New Year TW REALTY GROUP Tammie and Tom White 12/25/2014

What's My Cheswicke Farm Home Worth? November 2014 Properties currently Active on the market: 1 Single-family properties closed in November: 3 Average sales price: $386,333 Average list price: $399,933 Average sales price to list price ratio: 96.6% Average days on the market: 79 Cheswicke Farm 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) Cheswicke Farm is in an extreme seller's market. However, the sales price to list price ratio is low when compared to the 98.6% Franklin homes priced between $300K to $400K show.  The average days on the market of 79 are high incomparison to 52 days for this price range. Given all of this, the only listing is alre... 12/23/2014

With just five days until Christmas, Franklin TN listings are slim pickins. That's right, our housing inventory is extremely low. We could really use an infusion of new homes coming on the market.  Today while out with buyers to view a few new listings, there were people lined up to get into one of the houses. That's how short our inventory is. Buyers are so anxious to find the right home, they are lining up to get in the door. Are you one of those people who think no one is out looking at houses in the winter months? Nothing could be further from the truth. Especially, given the more moderate temperatures in Franklin. Buyers want to be in a new home within the next 30 days. Why wait until the Spring to list your home? Just pick up the phone and call. Let's take advantage of the reduced... 12/20/2014

What's My Ladd Park Home Worth? Market Report for November 2014 Properties currently Active on the market: 48 Single-family properties closed in November: 10 Average sales price: $402,994 Average list price: $402,101 Average sales price to list price ratio: 100.2% Average days on the market: 52 Active under contract: 17 Ladd Park absorption rate: 4.8 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) Ladd Park is in normal or steady market but sellers shouldn't be naive about what is happening in this neighborhood. Of the closed sales, 80% were new construction. The good news to sellers is that new construction is bringing up the home prices in your neighborhood. The bad ... 12/19/2014

What's My Riverview Park Home Worth? November 2014 Properties currently Active on the market: 2 Single-family properties closed in November: 3 Average sales price: $251,966 Average list price: $260,933 Average sales price to list price ratio: 96.6% Average days on the market: 30 Active listings under contract: 2 Riverview Park 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. The two active listings are both under contract. While the sales price to list price ratio is usually higher for this neighborhood, the average days on the market suggest that although, they may have been priced a little h... 12/16/2014

What's My Westhaven Home Worth? November 2014 Properties currently Active on the market: 70 Single-family properties closed in November: 16 Average sales price: $538,968 Average list price: $529,474 Average sales price to list price ratio: 101.8% Active listings under contract: 7 Average days on the market: 89 Westhaven absorption rate: 4.4 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) Westhaven homeowners see new construction sales going strong in their neighborhood but they often wonder how sales are going for existing homes. With 56% of the closed sales in November attributable to existing homes, it's surprising that the sales price to list price ratio is still so... 12/16/2014

Yesterday, I was contacted by a buyer to view two properties. Work schedules are tough right now so he wanted to see both houses on the same day. He was open to viewing yesterday or this evening. Whichever day would accommodate both sellers. One seller declined our showing for yesterday. The other property was vacant and available both days so we scheduled the two showings for this evening. While on our way to show these homes tonight, I pulled up the MLS listing. The vacant property had been changed to "Under Contract". I was so hot I was ready to explode. I called the listing brokerage right away to ask why I hadn't been notified of a change in status. The Administrative Assistant for this large team said the Listing Coordinator had gone for the day. She knew nothing about this listin... 12/15/2014

What's My Franklin Green Home Worth? November 2014 Properties currently Active on the market: 2 Single-family properties closed in November: 3 Average sales price: $297,666 Average list price: $306,000 Average sales price to list price ratio: 97.3% Average days on the market: 47 Franklin Green 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) Franklin Green is experiencing an extreme seller's market. With homes priced under $300,000 in Franklin, this neighborhood is always in demand. The sales price to list price ratio is good and the average days on the market are low, suggesting this is a great time to list your Franklin Green home. Want to know wha... 12/12/2014

What's My Forrest Crossing Home Worth? November 2014 Properties currently Active on the market: 7 Single-family properties closed in November: 5 Average sales price: $347,880 Average list price: $350,620 Average sales price to list price ratio: 99.2% Average days on the market: 48 Active listings under contract: 2 Forrest Crossing absorption rate: 1.4 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) Forrest Crossing is experiencing an extreme seller's market. The average sales price to list price ratio is excellent and the average days on the market are low, suggesting this may be a good time to sell your Forrest Crossing home. Are you curious what your Forrest Crossing... 12/11/2014

What's My McKay's Mill Home Worth? November 2014 Properties currently Active on the market: 16 Single-family properties closed in November: 9 Average sales price: $415,750 Average list price: $425,055 Average sales price to list price ratio: 97.8% Average days on the market: 46 Active listings under contract: 7 McKay's Mill absorption rate: 1.8 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) While McKay's Mill continues to be in an extreme seller's market. The  sales price to list price ratio is good and the average days on the market are low, making it an ideal time to list your McKay's Mill home. You must be asking yourself what's your McKay's Mill home worth? Just c... 12/10/2014

Last week, an older gentleman signed up on my website looking for a Franklin TN townhome. An email automatically was sent to him asking if he needed further assistance. He responded immediately and stated his daughter was a real estate agent and he would be using her. I sent an email thanking him for informing me and removed him from the drip campaign. The next day, I got an email from the gentleman asking me several questions about a particular development. I quickly responded and asked if he still planned on using his daughter. He replied he would be. I sent an email back stating that he should contact his daughter about any properties or neighborhoods of interest. Today, I received another email from this same buyer inquiring about another development. I responded that he should cont... 12/09/2014

What's My Fieldstone Farms Home Worth? November 2014 Properties currently Active on the market: 20 Single-family properties closed in November: 8 Average sales price: $314,828 Average list price: $318,187 Average sales price to list price ratio: 98.9% Average days on the market: 31 Active listings under contract: 9 Fieldstone Farms absorption rate: 2.5 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) Fieldstone Farms in one of the best selling Franklin TN neighborhoods right now. They are clearly in an extreme 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 home... 12/09/2014

How long does it take to build A house? - I had someone ask me that question over the weekend, and as usual, I gave him an answer that was the truth, but not precise. It depends on a lot of things. If you are having it build in a planned neighborhood in Franklin, it will probably take 6 to 8 months from contract to closing, at this time. Two of the potential problems that could slow the process down are weather, and the city or county. The weather is easy to explain, getting the city inspectors to do their job in a timely fashion is almost laughable. Most government workers seem to move at a snails pace, expecially if you are waiting on their ok to proceed with the next step. They will stop the process of building a home several times. Nothing you can do about it, it is what it is. One ... 12/08/2014

What's My Cheswicke Farm Home Worth? Market Report for November 2014 Properties currently Active on the market: 0 Single-family properties closed in November: 3 Average sales price: $386,333 Average list price: $399,933 Average sales price to list price ratio: 96.6% Average days on the market: 79 Cheswicke Farm 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) What a difference a month can make. While Cheswicke Farm is still in an extreme seller's market. The sales price to list price ratio has dropped and the average days on the market have gone up. Even so, with no active inventory, this may be an excellent time to sell your Cheswicke Farm home. Wond... 12/08/2014

This past weekend I was assisting a client with ordering a new home, and this was one of the options. I had to keep myself from laughing, because when the agent representing the builder asked that question, my client had a look of disbelief. Do you mean it doesn't have windows? What kind of house doesn't have windows? To be fair, the house did have some windows, just not as many as some people would like. They also give you the option to put in windows where no logical people would ever want one, but  we know that some people make strange choices.  The contracts they use are completely one sided, and place no liability on the builder to meet any deadlines. But the buyer on the other hand has lots of liability. When the onsite agent was reading through the details like he was reading a b... 12/07/2014

Franklin Tn Homes for Sale December 2014 - The median price of homes sold during the month of November was up 7.5% to $430,237 compared to the previous November. The absorption rate based on November sales and available homes for sale is 4 months keeping Franklin TN homes in a sellers market. 166 Franklin TN homes sold in November compared to 147 during the same month last year the median sales price of homes sold was $430,237 compared to $400,076 last year the list price to sales price ratio averaged 99% the median size of homes sold was 2955 square feet 214 Franklin TN homes are currently pending sale 661 Franklin TN homes are currently listed in the Nashville MLS as available for purchase Search for Franklin TN homes for sale here Franklin TN Neighborhoods with sales during November ... 12/07/2014

Do you need to sell? Franklin TN winter home buyers are motivated. Just two weeks ago, we signed a Buyer's Agreement with a young couple looking to buy a home in Franklin. The inventory during the winter months is usually very low. However, buyers at this time of year are serious buyers and ready to move forward with a purchase. After taking this couple out to see just five houses, we wrote an offer yesterday. I am happy to report that these buyers successfully negotiated the purchase of their new home. The best part--they are scheduled to close before year end. Franklin TN home sellers, isn't that what you would like to have happen? Guess what? It still can. There is still time to get your home listed and sold before the holidays. Home buyers are highly motivated. The inventory is low ... 12/07/2014

Cool Springs homes for sale and December market report - 36 Cool Springs homes sold during the month of November 2014 with the average price of homes sold being $501,515. The absorption rate for Cool Springs homes is still only 4 months indicating a sellers market. The average price of Cool Spring homes sold was $501,515 36 Cool Springs homes sold in November average days on market for sold homes is down to 49 days the average size of homes sold in Cool Springs was 3631 square feet 31 Cool Springs homes are currently pending sale 140 Cool Springs homes are currently listed in the Nashville MLS as available for purchase the absorption rate for Cool Springs homes is 4 months The average list price to sales price ratio for August was 97%   Cool Springs is part of the City of Franklin in z... 12/06/2014