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Spencer Hall Franklin TN Home Sales for April 2013
Spencer Hall Franklin TN Home Sales for April 2013 provided by Tammie White Franklin TN REALTOR®:
Properties currently active on the market: 1 Single-family properties closed April 2013: 2 Average sales price: $362,750 Average list price: $362,400 Sales price to list price ratio: 100.1% Average days on the market: 62 Sales currently pending: 0 Spencer Hall absorption rate: .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). Spencer Hall is currently in an extreme sellers' market. The sales price to list price ratio is excellent and the average days on the market is low, making it an ideal time to sell your Spencer Hall home.
The interest rates are so low and Franklin TN first-time home buyers are looking in neighborhoods like this to buy their first home. The only listing here is already under contract. So there is currently no housing inventory available in Spencer Hall.
I closed on the home pictured to the right at 3124 Bruce Gardens in Spencer Hall. It sold in one day with multiple offers for $5,000 over the asking price of ... more

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