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Franklin, TN Real Estate News

By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Liberty Hills Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 2 Average sales price: $295,750 Average list price: $294,950 Average sales price to list price ratio: 100.3% Average days on the market: 74 Liberty Hills 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) Liberty Hills is in an extreme seller's market. The average sales price to list price is excellent. While the days on the market may seem high, the recent changes to Truth-in-Lending disclosures are likely the result. Some lenders are requiring a minimum of 60 days to close a home once it's gone under contract. Lib...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin Green Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 3 Average sales price: $308,633 Average list price: $311,567 Average sales price to list price ratio: 99% Average days on the market: 49 Franklin Green 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) Franklin Green is experiencing an extreme seller's market. In February 2015, the average sales price in Franklin Green was $278,000; that's an 11% increase in the average sales price in just one year. And with no existing inventory, this may be a great time to sell your Franklin Green home.Want to know what your Fra...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Founders Pointe Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 2 Average sales price: $374,950 Average list price: $378,700 Average sales price to list price ratio: 99% Average days on the market: 62 Founders Pointe 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) Founders Pointe is in an extreme seller's market right now. However, the list price to sales price ratio is excellent and the average days on the market are low given the new Truth-in-Lending procedures on residential home sales. This neighborhood needs an infusion of listings. Buyers love the proximity to histori...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Forrest Crossing Home Worth? February 2016 Properties currently Active on the market: 4 Single-family properties closed in February: 4 Average sales price: $305,525 Average list price: $321,189 Average sales price to list price ratio: 95.1% Average days on the market: 39 Forrest Crossing absorption rate: 1 month 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. However, the average sales price to list price ratio is low when compared to 99.6% of list for other Franklin TN homes priced between $300K to $400K.Are you curious what your Forrest Crossing home is worth? Just click the photo below and you will rece...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Fieldstone Farms Home Worth? February 2016 Properties currently Active on the market: 7 Single-family properties closed in February: 3  Average sales price: $367,000 Average list price: $387,233 Average sales price to list price ratio: 94.8% Average days on the market: 55 Fieldstone Farms absorption rate: 2.3 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) Fieldstone Farms in one of the best selling Franklin TN neighborhoods. They are clearly in a seller's market. Buyers flock to this neighborhood for its affordable homes and amenities.However, the average sales price to list price is low for this neighborhood compared to other Franklin homes priced $300K to ...
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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? February 2016 Properties currently Active on the market: 2 Single-family properties closed in February: 2 Average sales price: $433,000 Average list price: $432,400 Average sales price to list price ratio: 100.1% Average days on the market: 60 Active listings under contract: 0 Cool Springs East absorption rate: 1 month 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) Cool Springs East is currently experiencing an extreme seller's market. Based upon the sales price to list price ratio and average days on the market, I'd say these sellers did something right to sell so quickly. Wondering what your Cool Springs East home is worth? Click the...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cheswicke Farm Home Worth? February 2016 Properties currently Active on the market: 4 Single-family properties closed in February: 2 Average sales price: $398,250 Average list price: $411,950 Average sales price to list price ratio: 96.7% Average days on the market: 79 Cheswicke Farm absorption rate: 2 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 99.6% Franklin homes priced between $350K to $450K show.  The average days on the market of 79 are high compared to 40 days for this price range. Homes priced under $400K are in a better positi...
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By Terry Stutts, Professional Sales, Personal Care
(Benchmark Realty LLC)
Great Neighborhood  Fieldstone Farms in Franklin Tennessee is one of the most sought after communities in middle Tennessee. Fieldstone Farms construction started in the early nineties and now twenty plus years later you have a nice mix of updated homes and some homes that could use updating. This "mix" of properties provides opportunities for ownership to consumers in a wide range of incomes. Search for homes in Fieldstone Farms Franklin Tennessee. The Stats Price Range 250-800k Average Price 372k Average Days on Market 40 Average year built 1995 Average list price to sales price percentage is 98.6% (Sellers' Market)  Great Schools  Many parents will walk their kids to Hunters Bend , the elementary school in Fieldstone Farms Franklin Tennessee. Location is just a bonus because students ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin Tn real estate for sale - 120 Franklin Tn homes closed during the month of February at an average price of $438,031. As is typical in the cold short days of winter, we have few closings compared to the warmth of spring and summer, an indication of what's to come is the 313 homes pending sale. the average list price of homes sold in February was $438,031 The average size of homes sold was 2757 square feet the average price per square foot of homes sold was 159 313 Franklin TN homes are pending at this time 705 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 February sales is 6 months   Search for Franklin TN real estate for sale here  For the most-up-to-date information on Fra...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin TN Home Worth? January 2016 Properties currently Active on the market: 442 Single-family properties closed in January: 97 Average sales price: $523,343 Average list price: $525,334 Average sales price to list price ratio: 99.6% Average days on the market: 52 Franklin TN absorption rate: 4.6 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) Franklin continues to be in a seller's market. Given we're in the slowest part of the year, the average days on the market are very good. The sales price to list price ratio is excellent. This bodes well as we inch into the Spring selling season. Are you shocked by the average price of a home in Franklin? This number...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Westhaven Home Worth? January 2016 Properties currently Active on the market: 55 Single-family properties closed in January: 13 Average sales price: $630,970 Average list price: $632,977 Average sales price to list price ratio: 99.7% Average days on the market: 49 Westhaven absorption rate: 4.2 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. Given that 46% of the closed sales in January were attributable to new construction, it's no surprise that the sales price to list price ratio is so high. The days on the market ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Sullivan Farms Home Worth? January 2016 Properties currently Active on the market: 3 Single-family properties closed in January: 3 Average sales price: $412,300 Average list price: $414,933 Average sales price to list price ratio: 99.4% Average days on the market: 77 Sullivan Farms absorption rate: 1 month 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) Sullivan Farms is currently experiencing an extreme seller's market. The sales price to list price ratio is excellent. With changes to the Truth-in-Lending Disclosures and Federal guidelines of lending procedures, you can expect to see longer days on the market. Sellers should expect to see a minimum of 60 days in th...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Polk Place Home Worth? January 2016 Properties currently Active on the market: 5 Single-family properties closed in January: 2 Average sales price: $450,200 Average list price: $450,400 Average sales price to list price ratio: 99.9% Average days on the market: 61 Polk Place 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) Polk Place is in a seller's market. The average days on the market are good and the sales price to list price ratio is excellent. Sellers should expect that days on the market will be increased due to new Truth-in-Lending Disclosures and changes made by the Federal government regarding lending procedures. Anything less th...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My McKay's Mill Home Worth? January 2016 Properties currently Active on the market: 6 Single-family properties closed in January: 7 Average sales price: $390,970 Average list price: $398,878 Average sales price to list price ratio: 98% Average days on the market: 53 McKay's Mill absorption rate: .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) McKay's Mill continues to be in an extreme seller's market. With the recent changes to Truth-in-Lending documentation procedures, fewer than 60 days on the market is excellent. Sellers can expect to see higher days due to Federal guidelines surrounding lending regulations.You must be asking yourself what's your McKay's M...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Leiper's Fork Home Worth? January 2016 Properties currently Active on the market: 9 Single-family properties closed in January: 3 Average sales price: $789,000 Average list price: $810,299 Average sales price to list price ratio: 97.4% Average days on the market: 55 Leiper's Fork absorption rate: 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) Leiper's Fork is in a seller's market but homeowners shouldn't be fooled. Homes here are not for everyone. Although, many people love the quaint little village of Leiper's Fork, it is far removed from shopping and dining. When people think about the beautiful countryside of Tennessee, an area like Leiper's Fork comes ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Ladd Park Home Worth? January 2016 Properties currently Active on the market: 19 Single-family properties closed in January: 12 Average sales price: $426,837 Average list price: $420,922 Average sales price to list price ratio: 101.4% Average days on the market: 18 Ladd Park absorption rate: 1.6 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) Ladd Park has a lot going on these days. There are three sections: The Highlands, Carothers Cove and Enderly Pointe. Carothers Cove is wrapping up their construction and should be complete by year end. Enderly Pointe is early in the process and The Highlands are continuing to build.The builder's aren't going to be very n...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Founders Pointe Home Worth? January 2016 Properties currently Active on the market: 0 Single-family properties closed in January: 2 Average sales price: $361,000 Average list price: $364,500 Average sales price to list price ratio: 99% Average days on the market: 58 Founders Pointe 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) Founders Pointe is in an extreme seller's market right now. However, the list price to sales price ratio is excellent and the average days on the market are low given the new Truth-in-Lending procedures on residential home sales. This neighborhood needs an infusion of listings. Buyers love the proximity to historic,...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
 What's My Forrest Crossing Home Worth? January 2016 Properties currently Active on the market: 6 Single-family properties closed in January: 3 Average sales price: $334,300 Average list price: $346,565 Average sales price to list price ratio: 96.5% Average days on the market: 84 Forrest Crossing absorption rate: 2 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. However, the average sales price to list price ratio is low. While days on the market are now longer due to the new Truth-in Lending closing procedures, 84 days is high.  Are you curious what your Forrest Crossing home is worth? Just click the photo b...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Fieldstone Farms Home Worth? January 2016 Properties currently Active on the market: 10 Single-family properties closed in January: 4  Average sales price: $333,950 Average list price: $340,575 Average sales price to list price ratio: 98.1% Average days on the market: 77 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. They are clearly in a seller's market. Buyers flock to this neighborhood for its affordable homes and amenities. Are you curious what your Fieldstone Farms' home is worth? Just click the photo below and you will receive your home valuatio...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Avalon Home Worth? January 2016 Properties currently Active on the market: 9 Single-family properties closed in January: 2 Average sales price: $491,200 Average list price: $494,449 Average sales price to list price ratio: 99.3% Average days on the market: 63 Avalon absorption rate: 4.5 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 seller'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. The two homes sales in January were located in the Meade of Avalon. However, the current active listings are for all sections in Av...
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