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What's My Franklin TN Home Worth? February 2016
What's My Franklin TN Home Worth? February 2016
Properties currently Active on the market: 458 Single-family properties closed in February: 114 Average sales price: $438,917 Average list price: $445,608 Average sales price to list price ratio: 98.5% Average days on the market: 61 Franklin TN absorption rate: 4 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) Franklin continues to be in a seller's market. Given we're in the slowest part of the year, the average days on the market are very good. The sales price to list price ratio is excellent. This bodes well as we inch into the Spring selling season. Are you shocked by the average price of a home in Franklin? This number continues to rise as we have very little inventory. It's a great time to take advantage of this reduced inventory and list your home. 
With all this good news regarding home sales, are you wondering what your Franklin TN home is worth? Click the photo below to get the instant value of your home.
A recent National Association of REALTORS® survey revealed 92% of buyers ... more

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