mckays mill market report: McKay's Mill Homes for Sale in Franklin TN | Market Report May 2013 - 06/09/13 02:59 PM
McKay's Mill Homes for Sale in Franklin TN | Market Report May 2013
McKay's Mill is located just east of Interstate 65 off Liberty Pike in Franklin TN. There are approximately 1,500 homes. However, this Franklin TN neighborhood is still building homes. Originally, there were several builders in this neighborhood but the majority of the homes were built and continue to be built by The Jones Company. The first homes were built in 1999. McKay's Mill homes range in size from 1,350 square foot one-level condos to 6,500 square foot three-level executive-style homes.
McKay's Mill amenities include a clubhouse with … (3 comments)

mckays mill market report: McKay's Mill Franklin TN Home Sales for March 2012 - 03/31/12 04:58 PM
McKay's Mill Franklin TN Home Sales for March 2012 provided by Tammie White:
Properties currently active on the market: 34 Single-family properties closed in March 2012: 10 Average sales price: $367,200 Average list price: $375,678 Sales price to list price ratio: 97.7% Average days on the market: 53 Sales currently pending: 6 McKay's Mill absorption rate: 3.4 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). McKay's Mill is in a sellers' market.
With the average sales price to … (8 comments)

mckays mill market report: McKay's Mill Franklin TN Home Sales for August 2011 - 09/27/11 04:41 PM
McKay's Mill Franklin TN Home Sales for August 2011 provided by Tammie White:
Properties currently active on the market: 29 Single-family properties closed in August 2011: 4 Average sales price: $331,200 Average list price: $357,200 Sales price to list price ratio: 92.7% Average days on the market: 62 Sales currently pending: 14 McKay's Mill absorption rate: 7.3 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). McKay's Mill continues to be in a buyer's market for the second month … (2 comments)

mckays mill market report: McKay's Mill Franklin TN Home Sales for July 2011 - 09/05/11 07:46 AM
McKay's Mill Franklin TN Home Sales for July 2011 provided by Tammie White:
Properties currently active on the market: 31 Single-family properties closed in July 2011: 3 Average sales price: $336,000 Average list price: $354,900 Sales price to list price ratio: 94.7% Average days on the market: 141 Sales currently pending: 14 McKay's Mill absorption rate: 10.3 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). McKay's Mill is currently in a buyer's market.
If you are interested in … (6 comments)

mckays mill market report: McKay's Mill Franklin TN Home Sales for June 2011 - 07/19/11 05:08 PM
McKay's Mill Franklin TN Home Sales for June 2011 provided by Tammie White:
Properties currently active on the market: 37 Single-family properties closed in June 2011: 9 Average sales price: $380,538 Average list price: $395,991 Sales price to list price ratio: 96% Average days on the market: 57 Sales currently pending: 12 McKay's Mill absorption rate: 4.1 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). McKay's Mill is currently in a seller's market.
If you are interested in a Franklin … (2 comments)

mckays mill market report: McKay's Mill Home Sales in Franklin TN for August 2010 - 09/05/10 05:42 PM
McKay's Mill Home Sales in Franklin TN for August 2010 saw a 50% increase in the number of homes sold from 6 in July to 9 in August. There was also a 6% increase in the average sales price from $331,144 in July to $350,517 in August. The average days on the market decreased 60% from 100 days in July to 40 days in August.
Of the 36 McKay's Mill homes currently listed, 11 are under contingent contracts that have not been moved into pending sales yet.  That leaves 25 homes currenlty on the market.  Divide that number by the McKay's mill home sales in August of 9, gives you 2.7 … (0 comments)

mckays mill market report: McKay's Mill in Franklin TN Home Sales Report for May 2010 - 06/08/10 05:14 AM
Sales in McKay's Mill in Franklin TN continue to remain strong.  Below is the McKay's Mill in Franklin TN Home Sales for May 2010.  Homes closed during the month of May for 98% of listing price.  There was also a 2% decrease in the average sales price from $318,340 in April to $312,796 in May.  The average days on the market increased from 49 days in April to 62 days in May. 
  
 
For a complete list of homes for sale in McKay's Mill, please call Tammie White at (615) 495-0752.
(2 comments)

mckays mill market report: McKay's Mill Market Report for February 2010 - 03/09/10 02:53 AM
McKay's Mill Market Report for February 2010 reflects an increase in the sale price per square foot in comparison to January 2010.  January median SP/SF was $89.28 in comparison to median SP/SF of $113.02 in February.  The median days on the market were also reduced in February to 40 versus 55.5 in January.
This is good information for the sellers in McKay's Mill.  With the 2010 Federal Housing Tax Credits due to expire on April 30, 2010, buyers are saturating the market.
If you are thinking of selling your home in McKay's Mill, this may be the time to get your home on the … (10 comments)

 
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