Polk Place Franklin TN Home Sales for July 2011 provided by Tammie White:
- Properties currently active on the market: 8
- Single-family properties closed in July 2011: 4
- Average sales price: $339,625
- Average list price: $349,700
- Sales price to list price ratio: 97.1%
- Average days on the market: 43
- Sales currently pending: 0
- Polk Place 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).
Polk Place is currently in an extreme seller's market. Of the eight properties currently listed, one is already under contract that hasn't been moved into pending. Now is a great time to sell your Polk Place home.
If you are interested in a Franklin TN home for sale or wish to sell your Franklin TN home, contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.
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