Franklin, TN Real Estate News

By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Laurelbrooke Home Worth? July 2016 Properties active on the market: 16 Single-family properties closed in July: 5 Average sales price: $1,531,525 Average list price: $1,546,734 Sales price to list price ratio: 99% Average days on the market: 74 Laurelbrooke absorption rate: 3.2 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). Laurelbrooke had a good month in July. The average sales price to list price ratio is excellent and the average days on the market are low given the price point. It looks like these sellers did what they had to do to take advantage of our hot seller's market. Sellers must price accordingly from the time their home hits t...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Laurelbrooke Home Worth? May 2016 Properties active on the market: 16 Single-family properties closed in May: 7 Average sales price: $1,347,071 Average list price: $1,432,343 Sales price to list price ratio: 94% Average days on the market: 172 Laurelbrooke absorption rate: 2.3 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). While the numbers suggest Laurelbrooke is experiencing a seller's market, the sales price to list price ratio is low. The average days on the market suggest these homes may have been over-priced when they came on the market. Sellers must price accordingly from the time their home hits the market or take the risk of not se...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ladd Park Home Worth? August 2016 Properties active on the market: 41 Single-family properties closed in August: 33 Average sales price: $452,485 Average list price: $445,373 Sales price to list price ratio: 101.6% Average days on the market: 37 Ladd Park absorption rate: 1.2 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. This neighborhood is still under construction but existing homes have begun to enter the resale market. Seventy-nine percent of the homes closed in August were new construction. While new construction is bolstering the existing home prices, sellers should be prepared to...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ladd Park Home Worth? July 2016 Properties active on the market: 41 Single-family properties closed in July: 24 Average sales price: $458,933 Average list price: $448,602 Sales price to list price ratio: 102.3% Average days on the market: 31 Ladd Park absorption rate: 1.7 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. This neighborhood is still under construction but existing homes have begun to enter the resale market. Eighty-three percent of the homes closed in July were new construction. While new construction is bolstering the existing home prices, sellers should be prepared to price...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ladd Park Home Worth? June 2016 Properties active on the market: 41 Single-family properties closed in June: 30 Average sales price: $469,712 Average list price: $454,869 Sales price to list price ratio: 103.3% Average days on the market: 42 Ladd Park absorption rate: 1.4 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. This neighborhood is still under construction but existing homes have begun to enter the resale market. Ninety percent of the homes closed in June were new construction. While new construction is bolstering the existing home prices, sellers should be prepared to price their...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ladd Park Home Worth? May 2016 Properties active on the market: 26 Single-family properties closed in May: 15 Average sales price: $475,595 Average list price: $460,950 Sales price to list price ratio: 103.2% Average days on the market: 28 Ladd Park absorption rate: 1.7 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. This neighborhood is still under construction but existing homes have begun to enter the resale market. Ninety-three percent of the homes closed in May were new construction. While new construction is bolstering the existing home prices, sellers should be prepared to price th...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Hurstbourne Park Home Worth? August 2016 Properties active on the market: 8 Single-family properties closed in August: 2 Average sales price: $679,425 Average list price: $680,907 Sales price to list price ratio: 99.8% Average days on the market: 10 Hurstbourne Park absorption rate: 4 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). Hurstbourne Park is experiencing a seller's market. The sales price to list price ratio is excellent and the average days on the market are low. As we move into the Fall months, sales have begun to slow down. Sellers would be wise to remember that new construction is their primary competition. Pricing your home ri...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Hurstbourne Park Home Worth? July 2016 Properties active on the market: 8 Single-family properties closed in May: 4 Average sales price: $694,397 Average list price: $696,697 Sales price to list price ratio: 99.7% Average days on the market: 58 Hurstbourne 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). Hurstbourne Park is experiencing an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are good. With just two months of inventory available, this is an excellent time to list your Hurstbourne Park home. Sellers would be wise to remember that new construction is...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Hurstbourne Park Home Worth? June 2016 Properties active on the market: 8 Single-family properties closed in June: 3 Average sales price: $712,985 Average list price: $717,682 Sales price to list price ratio: 99.3% Average days on the market: 50 Hurstbourne Park absorption rate: 2.7 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). Hurstbourne Park is experiencing a seller's market. The sales price to list price ratio is excellent and the average days on the market are good. With less than three months of inventory available, this is an excellent time to list your Hurstbourne Park home. Sellers would be wise to remember that new construction i...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Hurstbourne Park Home Worth? May 2016 Properties active on the market: 5 Single-family properties closed in May: 6 Average sales price: $658,303 Average list price: $660,729 Sales price to list price ratio: 99.6% Average days on the market: 32 Hurstbourne Park absorption rate: .8 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). Hurstbourne Park is experiencing an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are low. With less than 30 days of inventory available, this is an excellent time to list your Hurstbourne Park home. Sellers would be wise to remember that new construction i...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Garden Club Estates Home Worth? May 2016 Properties active on the market: 3 Single-family properties closed in May: 2 Average sales price: $605,000 Average list price: $609,513 Sales price to list price ratio: 99.3% Average days on the market: 30 Garden Club Estates absorption rate: 1.5 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). Garden Club Estates is experiencing an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are low. With less than two months of inventory available, this is an excellent time to list your Garden Club Estates home.Wondering what your Garden Club Estates ho...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin Green Home Worth? May 2016 Properties active on the market: 1 Single-family properties closed in May: 4 Average sales price: $344,700 Average list price: $343,425 Sales price to list price ratio: 100.4% Average days on the market: 32 Franklin Green absorption rate: .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). Franklin Green is experiencing an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are very low. With less than a month of inventory, now may be an excellent time to list your Franklin Green home.Wondering what your Franklin Green home is worth? Just click the ph...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Falcon Creek Home Worth? May 2016 Properties active on the market: 3 Single-family properties closed in May: 2 Average sales price: $310,600 Average list price: $315,000 Sales price to list price ratio: 98.6% Average days on the market: 69 Falcon Creek absorption rate: 1.5 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). Falcon Creek is experiencing an extreme seller's market. The sales price to list price ratio is very good, however, the average days on the market seem a little high. Even so, with less than two months of inventory, now may be an excellent time to list your Falcon home.Wondering what your Falcon Creek home is worth? Just clic...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Forrest Crossing Home Worth? May 2016 Properties active on the market: 4 Single-family properties closed in May: 3 Average sales price: $347,667 Average list price: $342,666 Sales price to list price ratio: 101.5% Average days on the market: 32 Forrest Crossing absorption rate: 1.3 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). Forrest Crossing is experiencing an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are also very low. With less than two months of inventory, now may be an excellent time to list your Forrest Crossing home.Wondering what your Forrest Crossing home is worth...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Fieldstone Farms Home Worth? May 2016 Properties active on the market: 15 Single-family properties closed in May: 11 Average sales price: $389,500 Average list price: $404,033 Sales price to list price ratio: 96.4% Average days on the market: 62 Fieldstone Farms absorption rate: .7 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). Fieldstone Farms is experiencing an extreme seller's market. The sales price to list price ratio is low but the days on the market are within reason which probably suggests listings were priced a little high when they came on the market. Even so, with less than one month of inventory, now may be an excellent time to ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Fieldstone Farms homes for sale and current market report 7 homes sold during the month the list price to sales price ratio was 99% the average size of homes sold was 2619 square feet 11 Fieldstone Farms homes are currently pending sale average days on market is down to 28 days 10 Fieldstone Farms homes are currently listed in the Nashville MLS as available for purchase Fieldstone Farms has always been in high demand with the location on the north side of Franklin on both sides of Hillsboro rd, it's an easy commute to downtown Nashville, Brentwood, or Cool Springs.  
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Dallas Downs Home Worth? May 2016 Properties active on the market: 0 Single-family properties closed in May: 2 Average sales price: $350,750 Average list price: $344,900 Sales price to list price ratio: 101.7% Average days on the market: 41 Dallas Downs 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). Dallas Downs 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 no inventory on the market, now may be a good time to list your Dallas Downs home.Wondering what your Dallas Downs home is worth? Just click the photo below and you will receive y...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cottonwood Home Worth? May 2016 Properties active on the market: 0 Single-family properties closed in May: 2 Average sales price: $444,200 Average list price: $444,900 Sales price to list price ratio: 99.8% Average days on the market: 48 Cottonwood 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). Cottonwood is experiencing an extreme seller's market. The list price to sales price is excellent and the average days on the market are low as well. With no inventory on the market, now may be a good time to list your Cottonwood home.Wondering what your Cottonwood home is worth? Just click the photo below and you will receive your...
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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? May 2016 Properties active on the market: 3 Single-family properties closed in May: 2 Average sales price: $555,000 Average list price: $562,450 Sales price to list price ratio: 98.7% Average days on the market: 59 Cool Springs East absorption rate: 1.5 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). Cool Springs East is experiencing an extreme seller's market. The list price to sales price is very good and the days on the market are within reason given changes to the lending requirements last year. With less than 30 days of inventory, now may be a good time to list your Cool Springs East home.Wondering what you...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cedarmont Farms Home Worth? May 2016 Properties active on the market: 1 Single-family properties closed in May: 2 Average sales price: $485,000 Average list price: $492,450 Sales price to list price ratio: 98.5% Average days on the market: 94 Cedarmont Farms 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). Cedarmont Farms is experiencing an extreme seller's market. The list price to sales price is very good, however,  the average days on the market seems a little high. Even so, with less than 30 days of inventory, now may be a good time to list your Cedarmont Farms home.Wondering what your Cedarmont Farms home is worth? Ju...
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