Forrest Crossing Franklin TN Home Sales for September 2011 provided by Tammie White:
- Properties currently active on the market: 14
- Single-family properties closed in September 2011: 3
- Average sales price: $305,333
- Average list price: $318,133
- Sales price to list price ratio: 96%
- Average days on the market: 212
- Sales currently pending: 0
- Forrest Crossing absorption rate: 4.6 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).
Forrest Crossing is in a normal market. Although, the sales price to list price ratio is good, the average days on the market is high. This may be an indicator that some sellers may need to get more realistic about their asking price.
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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