Special offer

Franklin Green Franklin TN Home Sales for August 2012

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Franklin Green Franklin TN Home Sales for August 2012 provided by Tammie White:

  • Properties currently active on the market: 7Franklin Green Franklin TN Homes for Sale
  • Single-family properties closed in August 2012: 7
  • Average sales price: $265,000
  • Average list price: $270,742
  • Sales price to list price ratio: 97.9%
  • Average days on the market: 42
  • Sales currently pending: 1
  • Franklin Green absorption rate: 1 month 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).

With just 1 month of inventory, Franklin Green is in an extreme sellers' market. Of the 7 active homes on the market, 4 are already under contract but have not yet been moved to pending.

The low inventory and high sales price to list price ratio, make it a great time to sell your Franklin Green home.

Interest rates are the lowest they have been in 50 years, first-time Franklin TN home buyers are looking for homes with quick occupancy at a price point under $300,000. Franklin Green homes are always in high demand. It is a great starter home for many so if you have a Franklin Green home to sell, now may be the time.

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.

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 (7)

Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Great market report on Franklin Geen Franklin TN homes for sale. I like the added touch of the photo and may be mixing up my reports a bit ;)

Sep 18, 2012 10:26 PM
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Are you looking for a great Realtor® to assist you with your Franklin Green, Franklin TN real estate needs?  If so contact local Realtor® Tammie White and put her real estate knowledge to work for you today!

Sep 18, 2012 10:53 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Shannon - I like your graphs. Use whatever gets you results.

John - Thanks for your continued support.

Sep 19, 2012 01:12 AM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Excellent post Tammie.Thanks for sharing another great Market update.Stay the best Franklin TN Short Sale Agent and best wishes! 

 

Sep 19, 2012 01:27 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Katerina - My goal is to be the Franklin TN real estate agent of choice.

Sep 19, 2012 01:28 AM
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

Thanks for sharing this great report, you really know your market well. Keep up the good work as the go to Franklin TN short sale agent!

Sep 27, 2012 12:21 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Bas - I do know my market well. Agents shouldn't wait until they have a listing in a particular neighborhood to know the stats there. They should have a general idea of how each neighborhood is performing.

Sep 27, 2012 02:12 PM