Franklin TN Home Sales for March 2012 provided by Tammie White Franklin TN REALTOR®:
Properties currently active on the market: 831- Single-family properties closed in March 2012: 115
- Average sales price: $433,036
- Average list price: $455,470
- Sales price to list price ratio: 95.1%
- Average days on the market: 86
- Sales currently pending: 168
- Franklin TN absorption rate: 7.2 months of inventory (5-6 months of inventory is considered a normal market--four months or less is considered a sellers' market, more than 7 months is considered a buyers' market).
Franklin TN is currently in a buyers' market. However, the days on the market are low and the average sales price is increasing. If this continues and the number of sales increase, Franklin TN could quickly be in a sellers' market.
If you are looking to buy a home in Franklin TN, remember to use a Buyer's Agent. This agent will represent your interests during the transaction. A good Buyer's Agent should always provide you with the most recent Competitive Market Analysis and Absorption Rate to help you determine the fair market value of the home you are buying. I would be happy to help you in this area, just contact me today!!
Want to know how your Franklin TN neighborhood is doing? Check out the most recent Franklin TN neighborhood market reports below:
Cottonwood Franklin TN Home Sales for March 2012
Dallas Downs Franklin TN Home Sales for March 2012
Falcon Creek Franklin TN Home Sales for March 2012
Fieldstone Farms Franklin TN Home Sales for March 2012
Forrest Crossing Franklin TN Home Sales for March 2012
Franklin Green Franklin TN Home Sales for March 2012
Henley Franklin TN Home Sales for March 2012
Historic Downtown Franklin TN Home Sales for March 2012
Ladd Park Franklin TN Home Sales for March 2012
McKay's Mill Franklin TN Home Sales for March 2012
Sullivan Farms Franklin TN Home Sales for March 2012
Westhaven Franklin TN Home Sales for March 2012
Before you decide to buy or sell a Franklin TN home, make sure you pick up the phone and call Tammie White at (615) 495-0752.
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