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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 Garden Club Estates Home Worth? November 2016 Properties active on the market: 2 Single-family properties closed in November: 2 Average sales price: $608,750 Average list price: $617,450 Sales price to list price ratio: 98.6% Average days on the market: 46 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 ...
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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? June 2016 Properties active on the market: 2 Single-family properties closed in June: 3 Average sales price: $627,333 Average list price: $627,967 Sales price to list price ratio: 99.9% Average days on the market: 49 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 ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Cool Springs homes for sale -  40 Cool Springs homes sold during the month of December with the average price of homes sold at $465,027. The absorption rate of Cool Springs homes is very low at 2 months, keeping homes in Cool Springs in a sellers market. average days on market for sold homes was only 37 days in December the average size of homes sold in Cool Springs was 2946 square feet 58 Cool Springs homes are currently pending sale 70 Cool Springs homes are currently listed in the Nashville MLS as available for purchase the absorption rate for Cool Springs homes is less than 2 months The average list price to sales price ratio was 98%   Cool Springs is part of the City of Franklin in zip code 37067 in Williamson county, and is located on both sides of I-65 . Almost everything in Coo...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Westhaven Homes for sale in Franklin TN - 20 homes sold during the month of November at an average price of $688,929, an increase of 8.75% over the same period last year. The list price to sales price ratio average was 99.4% so sellers are still getting list price most of the time, and the absorption rate based on December sales is still only 3 months. 20 Westhaven homes sold during the month of November, an increase of 33% over the same period last year the average price of homes sold increased 8.75% to $688,929 the average size of homes sold was 3561 square feet the average days on market for homes sold was 82 days, remember that most are still new construction homes that are listing long before they are finished 26 Westhaven homes are currently pending sale 64 Westhaven homes are cur...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes for sale The average price of homes sold in October increased 6% in the last 12 months to $538,782. The list price to sales price ratio is still over 99% showing that the sellers market is still forcing buyers to pay list price on most homes. 197 Franklin TN homes closed during the month of October compared to 182 for the same period last year the average list price to sales price ratio for Franklin TN homes in October was 99.3% 537 Franklin TN homes are currently listed in the Nashville MLS as available for purchase the absorption rate based on October sales at the current inventory is 2.7 months the average sales price of homes sold was $538,782 compared to $508,094 last year the average price per square feet of home sold was $174, compared to $161 for the same perio...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Mckays Mill homes in Franklin TN 37067 - 8 homes sold during the month of October, at an average price of $413,675. With only 13 homes currently available to purchase, the absorption rate is just 2 months and the average days on market is just 44 days. Be prepared to compete if you are a buyer, and be prepared to have lots of traffic in you home if you are a seller. The average sales price of homes sold in October was $413,675, an increase of 5% over the average price last October 13 homes are currently listed in the Nashville MLS as available for purchase 4 Mckays Mill homes are currently pending sale the list price to sales price ratio of homes sold in October was 99% average days on market for homes sold was 44 days The absorption rate based on October sales and current inventory is ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
The Franklin Tennessee housing market continues to be a hot seller's market. Agents are scrambling to find homes for their clients due to lack of inventory. Buyers are actively looking for new properties to come on the market. That includes buyers driving neighborhoods looking for "coming soon" signs.I always use a "coming soon" sign on my properties. However, I believe the timing of that sign is as important as the sign itself. I have seen agents post a coming soon sign weeks before their sellers are ready to list or show their properties. Not only is it not beneficial to their sellers, it may be an MLS violation. Most local multiple listing associations have rules governing the use of these signs.While out showing properties yesterday, I observed one of these coming soon signs. Given ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin TN Homes - September 2016 - The average price of homes sold in August increased 10.5% to $533,951 compared to the same month last year. New home construction is still lagging behind demand in Franklin as it has been for several years. 219 Franklin TN homes closed during the month of August compared to 245 for the same period last year the median list price to sales price ratio for Franklin TN homes in July was 99.4% 541 Franklin TN homes are currently listed in the Nashville MLS as available for purchase the absorption rate based on August sales is 2 months the average sales price of homes sold was $533,951 compared to $483,221 last year the average price per square feet of home sold was $175, compared to $159 for the same period last year   Search for Franklin TN homes for sal...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
McKay's Mill Homes for Sale | Buying Tips September 2016McKay's Mill homes for sale are located just east of Interstate 65 off Liberty Pike in Franklin TN. It is in zip code 37067 and falls within the area of Franklin known as Cool Springs. It gets this name due to its close proximity to Cool Springs Galleria. McKay's Mill is located in Williamson County. Students attend Williamson County Schools and Franklin Special School District. McKay's Mill is one of the largest neighborhoods in Franklin with nearly 1,600 homes and one of the most affordable in zip code 37067. There is a variety of housing offered here from 1,352 SF, two-bedroom condos to 7,000 SF executive-style homes with basements. The amenities are top-notch with an Olympic-sized pool, fitness center, playgrounds, passive park...
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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? August 2016 Properties active on the market: 12 Single-family properties closed in August: 10 Average sales price: $455,140 Average list price: $456,850 Sales price to list price ratio: 99.6% Average days on the market: 51 McKay's Mill 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).  McKay's Mill is experiencing an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are acceptable given new lending requirements. With less than two months of inventory, now may be a good time to list your McKay's Mill home.Wondering what your McKay's Mill hom...
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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? July 2016 Properties active on the market: 12 Single-family properties closed in July: 8 Average sales price: $445,775 Average list price: $452,947 Sales price to list price ratio: 98.4% Average days on the market: 57 McKay's Mill 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).  McKay's Mill is experiencing an extreme seller's market. The sales price to list price ratio is very good and the average days on the market are acceptable given new lending requirements. With less than two months of inventory, now may be a good time to list your McKay's Mill home.Wondering what your McKay's Mill home is ...
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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? June 2016 Properties active on the market: 12 Single-family properties closed in June: 10 Average sales price: $432,455 Average list price: $434,855 Sales price to list price ratio: 99.4% Average days on the market: 42 McKay's Mill 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).  McKay's Mill 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, now may be a good time to list your McKay's Mill home.Wondering what your McKay's Mill home is worth? Just click the photo below and...
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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? May 2016 Properties active on the market: 9 Single-family properties closed in May: 9 Average sales price: $456,433 Average list price: $459,778 Sales price to list price ratio: 99.3% Average days on the market: 38 McKay's Mill absorption rate: 1 month 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).  McKay's Mill 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 just 30 days of inventory, now may be a good time to list your McKay's Mill home.Wondering what your McKay's Mill home is worth? Just click the photo below and you will recei...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Maplewood Home Worth? August 2016 Properties active on the market: 0 Single-family properties closed in August: 2 Average sales price: $330,000 Average list price: $325,950 Sales price to list price ratio: 101.2% Average days on the market: 44 Maplewood 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). Maplewood 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 which suggests these homes were priced right. Pricing your home right in the beginning will be crucial to securing a sale. Buyers love the location and amenities offered in Maplewood...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Maplewood Home Worth? July 2016 Properties active on the market: 0 Single-family properties closed in July: 3 Average sales price: $320,333 Average list price: $323,133 Sales price to list price ratio: 99.1% Average days on the market: 33 Maplewood 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). Maplewood 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. This suggests sellers were counseled well on how to price their home correctly. Pricing your home right in the beginning will be crucial to securing a sale. Buyers love the location and ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Maplewood Home Worth? June 2016 Properties active on the market: 0 Single-family properties closed in June: 1 Average sales price: $279,900 Average list price: $274,900 Sales price to list price ratio: 101.8% Average days on the market: 33 Maplewood 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). Maplewood 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.  This suggests these sellers were counseled well as to how to price their home. Pricing your home right in the beginning will be crucial to securing a sale. Buyers love the location and...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Maplewood Home Worth? May 2016 Properties active on the market: 0 Single-family properties closed in May: 4 Average sales price: $317,250 Average list price: $313,236 Sales price to list price ratio: 101.3% Average days on the market: 59 Maplewood 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). Maplewood is experiencing an extreme seller's market. The sales price to list price ratio is excellent. The average days on the market were impacted by one house that lingered on the market for 140 days.  Pricing your home right in the beginning will be crucial to securing a sale. Buyers love the location and amenities offered in Ma...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Liberty Hills Home Worth? August 2016 Properties active on the market: 1 Single-family properties closed in August: 1 Average sales price: $300,000 Average list price: $299,900 Sales price to list price ratio: 100% Average days on the market: 59 Liberty Hills absorption rate: 1 month 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). Liberty Hills is in an extreme seller's market. The sales price to list price ratio is excellent and the average days on the market are within reason. With just one month of inventory, now may be an excellent time to list your Liberty Hills home.Wondering what your Liberty Hills home is worth? Just click the photo below a...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Liberty Hills Home Worth? July 2016 Properties active on the market: 1 Single-family properties closed in July: 2 Average sales price: $371,000 Average list price: $373,500 Sales price to list price ratio: 99.3% Average days on the market: 20 Liberty Hills 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). Liberty Hills is in 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 one month of inventory, now may be an excellent time to list your Liberty Hills home.Wondering what your Liberty Hills home is worth? Just click the photo below and you...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Liberty Hills Home Worth? June 2016 Properties active on the market: 1 Single-family properties closed in June: 2 Average sales price: $350,000 Average list price: $349,950 Sales price to list price ratio: 100% Average days on the market: 20 Liberty Hills 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). Liberty Hills is in 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 one month of inventory, now may be an excellent time to list your Liberty Hills home.Wondering what your Liberty Hills home is worth? Just click the photo below and you ...
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