Fieldstone Farms Franklin TN Home Sales for June 2012 provided by Tammie White:
- Properties currently active on the market: 34
- Single-family properties closed in June 2012: 15
- Average sales price: $333,226
- Average list price: $346,993
- Sales price to list price ratio: 96%
- Average days on the market: 52
- Sales currently pending: 4
- Fieldstone Farms absorption rate: 2.3 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a sellers' market, above 7 months is considered a buyers' market).
Fieldstone Farms is in a sellers' market. The days on the market continue to be low and the sales price to list price ratio has remained at 95.1% or above for months.
June saw more activity in the higher price points than previous months. Of the Fieldstone Farms closed home sales for June, 47 percent had a list price over $350,000. Fieldstone Farms is still one of the few Franklin TN neighborhoods with homes ideally priced for first-time home buyers. With interest rates the lowest they have been in 50 years, Franklin TN first-time home buyers are out in record numbers. Take advantage of the increased interest and the low inventory and get your home on the market before July ends.
Of the 34 homes currently on the market, 9 are already under contract. That means just 25 homes are truly available which would put the absorption rate at .6 months of inventory an extreme sellers' market. Don't hesitate to get your home on the market. Now is the time to sell your Fieldstone Farms home.
If you are looking to buy, don't wait too long the inventory is dwindling but be prepared to pay close to the asking price in this highly desirable Franklin TN neighborhood.
Check-out the recent Fieldstone Farms market reports below:
Fieldstone Farms Franklin TN Home Sales for May 2012
Fieldstone Farms Franklin TN Home Sales for April 2012
Fieldstone Farms Franklin TN Home Sales for March 2012
Fieldstone Farms Franklin TN Home Sales for February 2012
Fieldstone Farms Franklin TN Home Sales for January 2012
Fieldstone Farms Franklin TN Home Sales for December 2011
Fieldstone Farms Franklin TN Home Sales for November 2011
Fieldstone Farms Franklin TN Home Sales for October 2011
Fieldstone Farms Franklin TN Home Sales for September 2011
Fieldstone Farms Franklin TN Home Sales for August 2011
Fieldstone Farms Franklin TN Home Sales for July 2011
Fieldstone Farms Franklin TN Home Sales for June 2011
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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