Franklin, TN Real Estate News

By Elizabeth Leanza, "Helping Your Dreams Come Home"
(Elizabeth Leanza Realty One Group - Realtor)
 You only get one chance to make a first impression so make sure your home is staged so it leaves buyers impressed. When selling your home, the first impression is everything! Some simple ways to get it market-ready are staging and de-personalizing. This means removing personal items like photos of family members or aunt Edna's 100 piece doll collection that might turn off potential buyers (or just creep them out). While you may love these things, they make it difficult for buyers to see them themselves in their potential new home and will distract them from all of your homes features. When you decide to put your home on the market, it will no longer feel like "your" home. You must detach emotionally from your belongings and make sure they don't distract buyers by allowing them to imagi...
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By Elizabeth Leanza, "Helping Your Dreams Come Home"
(Elizabeth Leanza Realty One Group - Realtor)
The Importance of Professional Real Estate PhotographyProfessional real estate photography is an excellent way to stand out among other agents. Real estate photos, when taken by a professional photographer, can significantly help sell listings faster and at higher prices for the agent. With so many properties on market each day it's important that you give potential homebuyers a good first impression with appealing pictures of your listing online so it will stand out in a sea of listings. Professional real estate photography is guaranteed to grab the attention of buyers and generate an emotional response. using lighting, angles, and other tricks to capture each home's unique beauty so that it appeals more directly towards potential buyers. When it comes to real estate photography for re...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes are still in a hot sellers market  - 32 homes sold during the month of June 2021 and only 10 homes are currently listed and not under contract. The average list price to sales price ratio for June was 105% $327 - the average price per square foot of homes sold during June compared to $239 last year an increase of 37% $977,500 - the median price of homes sold during the month compared to $693,584 last year 105% - the list price to sales price ratio of homes sold during the month 6 - Average days on market for homes sold during the month 44 - Westhaven homes are currently pending sale most are under construction 10 -  Westhaven homes are currently listed in the Nashville MLS but some are under construction Westhaven homes in Franklin TN have been the one of the most popula...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes are in a hot sellers market  - 12 homes sold during the month of February 2021 and only 5 homes are currently listed and not under contract. The list price to sales price ratio is 103% $297 - the average price per square foot of homes sold during February compared to $241 last year $942,362 - the median price of homes sold during the month compared to $710,942 last year 103% - the list price to sales price ratio of homes sold during the month 18 - Average days on market for homes sold during the month 47 - Westhaven homes are currently pending sale most are under construction 5 -  Westhaven homes are currently listed in the Nashville MLS but some are under construction Westhaven homes in Franklin TN have been the one of the most popular neighborhood in Williamson county ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale -  The sellers market continues in Franklin with only 98 active listings on the day I wrote this. We had 152 closings for the month of February give us an absorption rate of less than one month.  152 Franklin TN homes sold during the month of February the same as February last year 98 homes are currently listed for sale but most are not finished homes 323 homes are currently under contract the median sales price for Franklin TN homes sold during the month of February was $575,200  the median price per square foot for homes sold was $215 up 8% over the last 12 months the list price to sales price ratio for homes sold in February was 100% the median days on market is down to 5 days  Search for Franklin TN homes for sale here     See the most popular Franklin nei...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale – Franklin homes sales are in an extreme seller’s an absorption rate of less than one month with most affordable homes getting multiple offers the first day its listed. 227 Franklin TN homes sold during the month of December compared to 229 for December of 2019. 141 homes are currently listed for sale many are not completed  273 homes are currently under contract the median sales price for Franklin TN homes sold during the month of December was $589,900 up 12.5% in the last 12 months the median price per square foot for homes sold was $216 up 7% over the last 12 months the list price to sales price ratio for homes sold in December was 100% the average days on market is down to 29 days  Search for Franklin TN homes for sale hereSee the most popular Franklin nei...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin homes for sale - Franklin homes sales are in an extreme seller’s an absorption rate of less than one month with most affordable homes getting multiple offers the first day its listed. 225 Franklin TN homes sold during the month of November compared to 237 for Novemberr of 2019. 185 homes are currently listed for sale many are not completed homes 329 homes are currently under contract the median sales price for Franklin TN homes sold during the month of November was $584,900 up 12.5% in the last 12 months the median price per square foot for homes sold was $209 up 7% over the last 12 months the list price to sales price ratio for homes sold in November was 100% the average days on market is down to 9 days   Search for Franklin TN homes for sale here For the most-up-to-date infor...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes are in a hot sellers market  - 37 homes sold during the month of September 2020 compared to 17 for the same month in 2019 an increase of 117% year over year. The average sales price has median sales price has increased 12.8% during the last 12 months $248 - the average price per square foot of homes sold during September compared to $234 last year $750,000 - the median price of homes sold during the month 99.7% - the list price to sales price ratio of homes sold during the month 32 - Average days on market for homes sold during the month 54 - Westhaven homes are currently pending sale 13 -  Westhaven homes are currently listed in the Nashville MLS but some are still under construction Westhaven homes in Franklin Tn have been the one of the most popular neighborhood in Wi...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Homes for sale in Franklin Tn - Franklin homes are in a sellers market with many of the more affordable homes having multiple offers the first day on market. The number closings in September were up 45% compared to September of 2019 and the average sales price has increased 21% and the average cost per square foot has increased 9% in the last 12 months. 296 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time 296 homes closed during the month of September, up 45% compared to the same month of last year 435 Franklin homes are currently under contract at this time the average sales price for Franklin TN homes sold during the month of September was $694,038 at $216 per square foot up 9% for the last 12 months the list price to sales price ratio for homes so...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale - The lock down due to the Wuhan virus scare had a large impact on sale of homes in Franklin TN during the month of May where closings were down by 33% compared to the same month last year. Do not be mislead into thinking it had any impact on the prices of homes, because the average price per square foot of homes sold went up 3% to $210. Pending sales are very strong at this point and it looks like the summer will be very active. 531 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time 189 homes closed during the month of May, down 33% from last year 398 homes are currently under contract at this time the average sales price for Franklin TN homes sold during the month of May was $609,043 at $210 per square foot the list price t...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes for sale in Franklin TN - 22 homes sold during the month of April 2020 at an overage price of $768,031. Even with the virus scare, buyers were buying and builders were building in Westhaven. The number of homes closed during the month was down, but prices were higher than the same month last year. $256 - the average price per square ft of homes sold during April $768,031 - the average price of homes sold during the month 100.47% - the list price to sales price ratio of homes sold during the month 54 - Average days on market for homes sold during the month 36 - Westhaven homes are currently pending sale 81 - Westhaven homes are currently listed in the Nashville MLS but most are still under construction Westhaven homes in Franklin Tn have been the one of the most popular n...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes for sale - Most of the closings for April were for homes that were under contract before we had any virus concerns, so they were still quite active. Expect a considerable reduction in sales in the next month, but not a reduction in prices. Sellers are not in a hurry to list their homes at this time and most are waiting it out to improve their chances of getting top dollar. Interest rates were very volatile during the end of March and beginning of April, but they are back down to less than 4% for most loans at this time. I understand that loans over $1,000,000 are a little more difficult if you are in that market. 488 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time 201 homes close during the month of March, up slightly over the same...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
The Top Franklin Tn neighborhoods based on number of sales for the first quarter of 2020 are as follows Westhaven Franklin's most popular neighborhood with prices from $400,000 to over $1,750,000 Fieldstone Farms for years the Franklin top neighborhood with homes priced from $250,000 to over $700,000 Mckays Mill in the Cool Springs area the homes sell fast priced from $400,000 to over $600,000 Ladd park - homes priced from $500,000 to over $800,000 Berry Farms homes priced from $400,000 to $950,000 Stream Valley - Ryan homes from $370,000 to $650,000 Sullivan Farms $400,000 to over $550,000 Clovercroft Preserve - $585,000 to $725,000 Dallas Downs - affordably priced all brick homes from $325,000 to $500,000 Polk Place - all brick homes close to downtown Franklin $450,000 to $650,000 For...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN homes are still selling fast, not a normal trend for February with the median day on market down to 16 days and the median price up 8% compared to the same month last year. With interest rates at historic low rates, I expect a very busy spring and summer for both buyers and sellers. 450 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time 153 homes close during the month of February, a slight decrease from the 159 last February 357 homes are currently under contract at this time the average sales price for Franklin TN homes sold during the month of February was $679,322, at $212 per square foot the list price to sales price ratio for February was 99% Search for Franklin TN homes for sale here For the most-up-to-date information on Franklin TN...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes are still in a sellers market 580 Franklin homes are currently listed in the Nashville MLS for purchase at this time 199 homes close during the month of September a slight decrease from the 215 last September 252 homes are currently under contract at this time the average sales price for Frankin TN homes sold during the month of September was $550,652, at $192 per square foot the list price to sales price ratio for September was 98% Search for Franklin TN homes for sale here For the most-up-to-date information on Franklin TN homes values, then we urge you to contact us.We can assist you with all aspects of buying or selling homes in Franklin and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Frankli...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
The Top Franklin Tn neighborhoods based on number of sales for the first half of 2019 are as follows Westhaven with 132 closings - Franklin's most popular neighborhood with prices from $375,000 to over $1,750,000 Fieldstone Farms with 62 closings, for years the Franklin top neighborhood with homes priced from $200,000 to over $700,000 Ladd park with 42 closings - homes priced from $400,000 to over $700,000 Mckays Mill with 38 closings - average days on market of 38 days these homes sell fast priced from $350,000 to over $600,000 Berry Farms with 22 closings of homes priced from $355,000 to $950,000 Stream Valley - 21 closings in the first half of 2019 new Ryan homes from $370,000 to $650,000 Sullivan Farms 18 closings from $400,000 to over $550,000 Temple Hills - 17 sales a golf communi...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes for Sale - The tales of a slowing real estate market does not seem to be true for Franklin real estate. The number of closings for the month of May increased 14% and the average price increased 7.8% compared to May of 2018. 279 homes sold in the month of May compared to 245 for the same month in 2018 the average price of homes sold during the month was $617,471 compared to $569,154, and increase of 7.8% the average size of homes was 3043 square feet compared to 2934 last year the median price per square foot of homes sold during the month was $203 compared to $198 for the same period in 2018 the list price to sales price ratio of homes sold was 99% the average days on market is up to 32 compared to 22 days for May of 2018 692 Franklin TN homes are currently listed in t...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes for Sale – March home sales were slower than the previous year with 173 closings compared to 205 for March of 2018, but prices are still strong with the average price per square foot increasing 8.5% on average to $204 compared to $188 for the same month last year. 173 homes sold in the month of March compared to 205 for the same month in 2018 the median price of homes sold during the month was $527,040 compared to $475,000 for March of 2018, and increase of 10.9% the median size of homes was 2685 square feet compared to 2755 last year the average price per square foot of homes sold during the month was $204 compared to $182 for the same period in 2018 the list price to sales price ratio of homes sold was 100% the average days on market is only 32 days 570 Franklin TN h...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes for Sale - It feels like sales are slowing, but the closings or October were still very strong for this late in the year. The prices of closed homes are still coming in at very close to list price but the average days on market is now up to 37 days. The absorption rate based on October sales and current inventory is still only 3 months. 194 homes sold in the month of October compared to 179 for the same month in 2017 the median price of homes sold during the month was $538,105 compared to $516,000 for October of 2017, and increase of 4.2% the median size of homes was 2,908 square feet compared to 2974 last year the median price per square foot of homes sold during the month was $188 compared to $173 for the same period in 2017 the list price to sales price ratio of hom...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes for Sale - Franklin homes continue to be in a busy sellers market with an absorption rate of 2 months and a list price to sales price ratio of 100%. In a reversal of trends, the average sales price of homes sold in July is actually less than it was for July of 2017 as was the average size of homes sold. I think this can all be attributed to the increase in interest rates, and I expect the trend to continue. 222 homes sold in the month of July compared to 243 for the same month in 2017 the average price of homes sold during the month was $587,452 compared to $613,613 for July of 2017 the average size of homes was 3276 square feet compared to 3115 last year the average price per square foot of homes sold during the month was $197 compared to $196 for the same period in 2...
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