Leiper's Fork Franklin TN Home Sales for June 2011 provided by Tammie White:
- Properties currently active on the market: 41
- Single-family properties closed in June 2011: 2
- Average sales price: $394,900
- Average list price: $357,500
- Sales price to list price ratio: 90.5%
- Average days on the market: 176
- Sales currently pending: 3
- Leiper's Fork absorption rate: 21 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).
Leiper's Fork is currently in a buyer's market.
If there was ever a time to buy in Leiper's Fork Franklin TN this is it. With inventory up and sales very sluggish in this area, buyers could have their pick of homes.