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What's My McKay's Mill Home Worth? February 2016
What's My McKay's Mill Home Worth? February 2016
Properties currently Active on the market: 9 Single-family properties closed in February: 7 Average sales price: $388,700 Average list price: $398,929 Average sales price to list price ratio: 97.4% Average days on the market: 67 McKay's Mill absorption rate: 1.3 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 continues to be in an extreme seller's market. With the recent changes to Truth-in-Lending documentation procedures, days on the market of 60 days or more should be expected. However, the average sales price to list price of 97.4% is low in comparison to 99.6% of other Franklin homes priced between $300K to $400K. Sellers should take into consideration the condition of their home when pricing.
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 ... more

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