Founders Pointe Franklin TN Home Sales for June 2012 provided by Tammie White:
- Properties currently active on the market: 6
- Single-family properties closed in June 2012: 3
- Average sales price: $307,833
- Average list price: $318,233
- Sales price to list price ratio: 96.7%
- Average days on the market: 117
- Sales currently pending: 2
- Founders Pointe absorption rate: 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).
Founders Pointe is in an extreme sellers' market. The sales price to list price ratio is ideal for sellers. The days on the market are a little high in comparison to other Franklin TN neighborhoods that closed this month. However, with only six houses listed and two of those already under contract that haven't been moved into pending, now may be a great time to list your Founders Pointe home for sale.