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Cottonwood Franklin TN Home Sales for July 2012

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Cottonwood Franklin TN Home Sales for July 2012 provided by Tammie White:

  • Properties currently active on the market: 6Cottonwood Franklin TN Homes for Sale
  • Single-family properties closed in July 2012: 4
  • Average sales price: $340,612
  • Average list price: $352,078
  • Sales price to list price ratio: 96.7%
  • Average days on the market: 57
  • Sales currently pending: 1
  • Cottonwood absorption rate: 1.5 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).

Cottonwood is currently in an extreme sellers' market. Of the 6  homes currently listed, 4 are already under contract that have not been moved into pending yet. Although, this is an older neighborhood it is highly desirable.

The low inventory, high sales price to list price ratio and low average days on the market, make it a great time to sell your Cottonwood home.

If you would like to buy a Franklin TN home or sell your Franklin TN home, contact Tammie White at (615) 495-0752 today.

NOTE: The above photo is of an actual home located in the Cottonwood neighborhood of Franklin TN.

 

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.

Comments (4)

Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hello Tammie,I'm loving all the Market updates on your area.I'm glad everything is going great.I wish you more sales and more more success.Best of luck ,Tammie.Stay the best and dedicated Franklin TN Short Sale Agent. 

Aug 06, 2012 12:18 AM
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Hello Tammie,Cottonwood looks like a good neighborhood.Anyone would be lucky to live there.Good luck on your listing.I hope you would be able to find the right buyer.Keep being an amazing Franklin TN Short Sale Agent. 

Aug 06, 2012 02:16 AM
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

Thanks for sharing this easy to understand market report. Keep up the good work as a top Franklin TN short sale agent!

Aug 07, 2012 12:12 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Katerina - I'm doing my best to let sellers know we are in a sellers' market in many Franklin TN neighborhoods.

Petra - Cottonwood is an older, established neighborhood but it is highly desirable. Especially with families. Homes here always sell quickly.

Bas - Thanks for stopping by.

Aug 13, 2012 01:59 AM