Franklin TN Real Estate
Founders Pointe 2011 Market Report
It's always a pleasure doing a market report on Founders Pointe. It seems like the numbers always look better here than anywhere else in Middle Tennessee!
2010 | 2011 | Percent Change | |
# of Homes Sold | 20 | 20 | 0% |
Average list Price | $315,135 | $322,271 | 2% |
Average Sales Price | $302,695 | $314,070 | 4% |
Days on the Market | 74 | 59 | -20% |
Prices are up 4% and days on the market are down 20%. Two great things Sellers like to hear! There are currently on 3 homes for sale in Founders Pointe. That is less than a 2 month supply.
A 6 month supply of homes is considered a balanced market. Less that that would indicate a Sellers market. More that that is a Buyers market. There is currently a 10 month supply of homes in Middle Tennessee.
If you're seriously thinking of selling your home in Founders Pointe, now would be the time to do it.
Founders Pointe is located just off Highway 96 on the West side of Franklin. It is convenient to downtown Franklin and to the new Harris Teeter at Westhaven. There are walking trails though the neighborhood connecting play areas and the community pool.
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