Franklin, TN Real Estate News

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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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Franklin Tn homes for sale - 236 Franklin homes closed during the month of July compared to 245 for the same month in 2015. It seems that the market is stalled in this pattern due to a lack of inventory causing potential sellers to resisting listing their homes for fear that their home will sell and they won't be able to find a good replacement. The prices of Franklin homes have increased only 5% in a price per square foot basis. The prices have remained the same but the average size of homes sold decreased to 3103 square feet from 3271 square feet last year. The most important thing you need to know is that we are still in a very competitive sellers market with less than 2 months of available inventory at the current sales pace. the median list price to sales price ratio for Franklin T...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
The Franklin housing market has been brutal on home buyers. Gone are the days of taking out buyers to see several homes and then taking a day or so to decide whether to make an offer. Buyers who don't pull the trigger immediately will likely miss out on a purchase.This is an especially difficult concept for first-time home buyers. Due to HGTV, these buyers think they'll have lots of time and options before making a decision. Neither are true. In the last week, I've had an opportunity to work with two first-time home buyers.First-Time Buyers #1: My first couple drove six hours to look at one townhome. I had explained the state of our market before the buyers made the trip. They had been looking at listings on my website for months. This was the first property that even remotely intereste...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin Tn Condos For Sale and August 2016 market update 27 Franklin Tn condos sold during the month of August with the average price of sold properties being $262,007. With an absorption rate of just a little over one month, most new listings go under contract within a few days, and the list price to sales price ratio of 99% shows that sellers are usually getting what they want as far as price goes. the average sales price for the month was $262,007 34 condos are currently pending sale the days on market for condos sold is down to 49 days the average size of condos sold was 1481 square feet 35 condos are currently listed in the Nashville MLS as available for purchase Search for Franklin TN condos here, and when you are ready to start looking, call Larry Brewer at 615-512-7853 $510,000...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Breezeway Home Worth? May 2016 Properties active on the market: 1 Single-family properties closed in May: 5 Average sales price: $619,282 Average list price: $629,460 Sales price to list price ratio: 98.4% Average days on the market: 68 Breezeway 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). Breezeway is experiencing a seller's market. The list price to sales price is excellent and the average days on the market are reasonable given recent changes to lending laws. With less than 30 days of inventory, now may be a good time to list your Breezeway home.Wondering what your Breezeway home is worth? Just click the photo belo...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Brandon Park Downs Home Worth? May 2016 Properties active on the market: 1 Single-family properties closed in May: 2 Average sales price: $1,034,950 Average list price: $1,109,950 Sales price to list price ratio: 93.2% Average days on the market: 64 Brandon Park Downs 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). Brandon Park Downs is experiencing an extreme seller's market, however, the sales price to list price ratio is very low. Likely due to these properties being over-priced when they came on the market.Pricing your home right from the beginning will be the key to a quick sale. Homes that linger on the market usual...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Berry Farms Home Worth? May 2016 Properties active on the market: 9 Single-family properties closed in May: 2 Average sales price: $517,664 Average list price: $515,275 Sales price to list price ratio: 100.5% Average days on the market: 87 Berry 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). Berry Farms looks as though it's in a buyer's market but looks can be deceiving. While there weren't many closings, homes sold over asking price. The remaining inventory is new construction and buyers should expect to pay asking price or above. This is good news for existing home sellers. However, given that new construction is ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ashton Park Home Worth? May 2016 Properties active on the market: 4 Single-family properties closed in May: 2 Average sales price: $592,450 Average list price: $599,450 Sales price to list price ratio: 98.8% Average days on the market: 34 Ashton 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). Ashton 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. With less than 2 months of inventory, now may be a good time to list your Ashton Park home.Wondering what your Ashton Park home is worth? Just click the photo below and you will receive yo...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin TN Home Worth? April 2016 Properties active on the market: 480 Single-family properties closed in April: 166 Average sales price: $560,148 Average list price: $569,999 Sales price to list price ratio: 98.3% Average days on the market: 68 Franklin TN absorption rate: 2.9 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 TN is experiencing a seller's market. The list price to sales price is very good and the average days on the market are within reason given the change to lending laws. With less than 90 days of inventory, now may be a good time to list your Franklin TN home.Wondering what your Franklin TN home is worth? Just cl...
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