Willowsprings Homes for Sale Franklin TN | Market Report June 2013
Willowsprings is located on the west side of Franklin TN off Downs Boulevard. There are approximately 375 homes. The first homes were built in 2001 but a few homes are still being built today. Willowsprings homes range in size from 1,500 square feet to 4,800 square feet. You will find everything from townhomes to small one-level cottages to grand two-stories. Willowsprings homes for sale are just a short drive from historic downtown Franklin. It is zoned for the highly-ranked Williamson County Schools.
Willowsprings homes for sale in Franklin TN
Willowsprings Franklin TN Market Report for June 2013
- Properties currently Active on the market: 7
- Single-family properties closed in June 2013: 2
- Average sales price: $484,500
- Average list price: $499,450
- Average sales price to list price ratio: 97%
- Average days on the market: 52
- Sales currently pending: 1
- Willowsprings absorption rate: 3.5 months of inventory (a normal or steady market would be 5 - 7 months; anything under 5 months of inventory is considered a sellers' market; anything above 7 months of inventory is considered a buyers' market).
Willowsprings is currently experiencing a sellers' market. The average sales price to list price ratio is good and the average days on the market is low; a winning combination for Willowsprings home sellers. It appears these homes are priced well for home buyers.
The best way to determine a list price is to have an experienced real estate agent prepare a Competitive Market Analysis. This will provide you with the current active listings and most recent closed sales so you can price your home competitively.
If you are a Willowsprings home buyer, you may not want to wait too long. Homes in this Franklin TN neighborhood are priced to sell. Many are going under contract in the first few days. Be sure to have the assistance of a Buyer's Agent. He/she will be able to provide you with a Competitive Market Analysis to determine the best purchase price. This service is provided at no cost to you; Buyer's Agents are paid by the listing brokerage company.
If you need assistance buying or selling a Willowsprings homes for sale in Franklin TN today, contact
Tammie White at (615) 495-0752.
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