Sullivan Farms Franklin TN Home Sales for May 2012 provided by Tammie White:
- Properties currently active on the market: 25
- Single-family properties closed in May 2012: 6
- Average sales price: $309,916
- Average list price: $314,549
- Sales price to list price ratio: 98.5%
- Average days on the market: 55
- Sales currently pending: 5
- Sullivan Farms absorption rate: 4.2 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).
Sullivan Farms is in a sellers' market. Even better than that, of the 25 homes currently listed, 10 have already been sold but not moved into pending. That only leaves 15 homes currently available or 2.5 months of inventory.
Recent sales have primarily been at the lower price ranges but Sullivan Farms has a variety of homes to choose from. For example, 309 Applecross is a two-story, 3,305 square foot home with four bedrooms, 2.5 baths, large family room, kitchen and bonus room with a three-car garage on a large lot all for $379,900. That home listed by yours truly is under contract and scheduled to close at the end of June.
The sales price to list price ratio for Sullivan Farms homes has consistently been 94.9% or above for the last several months. That plus the low days on the market make it a great time for Sullivan Farms home sellers.
Don't wait to buy a Sullivan Farms home. There are some great options still available but the inventory is dwindling quickly. Act now to take advantage of the summer buying season and move before the kids start school in the fall. One of the reasons families are so drawn to this Franklin TN neighborhood is to attend Winstead Elementary School part of the highly-ranked Williamson County School system.
The links below provide the market data for Sullivan Farms since May 2011.
Sullivan Farms Franklin TN Home Sales for April 2012
Sullivan Farms Franklin TN Home Sales for March 2012
Sullivan Farms Franklin TN Home Sales for February 2012
Sullivan Farms Franklin TN Home Sales for January 2012
Sullivan Farms Franklin TN Home Sales for December 2011
Sullivan Farms Franklin TN Home Sales for November 2011
Sullivan Farms Franklin TN Home Sales for September 2011
Sullivan Farms Franklin TN Home Sales for August 2011
Sullivan Farms Franklin TN Home Sales for July 2011
Sullivan Farms Franklin TN Home Sales for June 2011
Sullivan Farms Franklin TN Home Sales for May 2011
With all this data, do you think I know Sullivan Farms selling trends? That would be a resounding yes. As a matter of fact, I doubt you'll find any agent who knows the stats here better. That helps you with pricing whether you are buying or selling.
If you would like to sell your Sullivan Farms home, contact Tammie White at (615) 495-0752.
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