Thompsons Station TN Home Sales for March 2013 provided by Tammie White Franklin TN REALTOR®:
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Properties currently active on the market: 114 - Single-family properties closed in March 2013: 24
- Average sales price: $274,925
- Average list price: $278,522
- Sales price to list price ratio: 98.7%
- Average days on the market: 69
- Sales currently pending: 83
- Thompsons Station TN absorption rate: 4.8 months of inventory (5-6 months of inventory is considered a normal market--four months or less is considered a sellers' market, more than 7 months is considered a buyers' market).
Thompsons Station TN is currently in a sellers' market. The sales price to list price ratio is good and the average days on the market is low. It's unusual to have all these things align so early in the selling season. Not to mention the number of pending sales is high. It looks like 2013 is going to be a good year to sell your Thompsons Station TN home.
Inventory is starting to creep up so home buyers who are out looking to take advantage of these incredibly low interest rates have more options. Don't wait until the summer to list your home. Take advantage of this opportunity right now.
If you are looking to buy a home in Thompsons Station TN, remember to use a Buyer's Agent. This agent will represent your interests during the transaction. They will protect your rights and help to insure that you don't overpay for a home. This is especially true when buying new construction.
A good Buyer's Agent should always provide you with the most recent Competitive Market Analysis and Absorption Rate to help you determine the fair market value of the home you are buying. I would be happy to help you in this area, call me at (615) 495-0752.
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