What's My McKay's Mill Home Worth? Market Report for May 2014
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Properties currently Active on the market: 29 - Single-family properties closed in May: 8
- Average sales price: $375,237
- Average list price: $378,325
- Average sales price to list price ratio: 99.2%
- Average days on the market: 41
- Pending sales: 16
- McKay's Mill absorption rate: 3.6 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)
McKay's Mill is one of the hottest markets in town right now. Of the 29 active home listings, 14 are already under contract and 16 other sales have been moved into pending ready to close. That means there is actually less than 2 months of inventory remaining; putting McKay's Mill in an extreme seller's market. The fact that homes are selling close to 100% of list with an average days on the market of 41, suggests that this is a great time to sell your McKay's Mill home.
You must be asking yourself what's your McKay's Mill home worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds.
With the low inventory Franklin is experiencing, selling a McKay's Mill home should be easier than ever. The proximity to the Cool Spring Galleria and quick access to Interstate 65 make this location highly desirable. It's the most affordable option available to buyers looking to live near Cool Springs.
While the housing market is quite good right now, buyers have become more particular than ever. Making updates such as adding granite counter tops and stainless steel appliances can really set your McKay's Mill home apart which in turn increases what your McKay's Mill home is worth.
With 92% of buyers beginning their home search on the internet, sellers need their homes to have the best coverage possible on the internet. This goes way beyond just syndicating listings to other websites.
The homes that have the best coverage on the internet are the ones who get the most traffic and as a result multiple offers. Sellers want to make sure the photographs are professionally done showcasing the many features of their homes. Additionally, you want your home to stand out from the others in your neighborhood with a single-property website. Just click the link to be taken to one example of the ways TW Realty Group markets your home.
One of the best ways to bring attention to your McKay's Mill home is to have an agent who is using the newest technology to get the word out about your home. This includes the use of social media and blogging. Something not many listing agents in the Franklin housing market are doing.
Also, check out the McKay's Mill homes for sale webpage on our site. It's easy to see why our website gets thousands of clicks each month. This provides your listing with exposure to home buyers all over the country.
When you are ready to sell your McKay's Mill home, contact Tammie White at (615) 495-0752.
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