Cottonwood Franklin TN Home Sales for August 2011 provided by Tammie White:
- Properties currently active on the market: 1
- Single-family properties closed in August 2011: 3
- Average sales price: $304,158
- Average list price: $328,433
- Sales price to list price ratio: 92.6%
- Average days on the market: 87
- Sales currently pending: 0
- Cottonwood absorption rate: .3 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).
Cottonwood is currently in an extreme seller's market. The current listing is already under contract. Although, this is an older neighborhood it is highly desirable. Now is a great time to sell your Cottonwood home.
If you would like to buy a Franklin TN home or sell your Franklin TN home, contact Tammie White at (615) 495-0752 today.
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