2015 Condo/Townhome sales--298 closed Average list price--$261,588 Average sales price--$258,464 Sales price to list price ratio--98.8% Average Days On Market (DOM)--56 When we consider the number of closed homes in 2015, we see a huge increase from 2014 when 240 condo/townhomes closed. That's a whopping 24% increase! Prices continue to climb. In 2014 the average sales price for a condo/townhome was $241,288, in 2015 it was $258,464. If you compare the sales prices for 2014 vs. 2015, you see an increase of 7%. There continues to be a low inventory of townhomes, but demand is strong. … (5 comments)
market reports: What's My Morningside Home Worth? 2014 Home Sales
- 02/10/15 12:00 AM
Morningside is one of the few 55+ Senior Living communities in Franklin TN. This development of approximately 300 cottage type townhomes is located just off of Mallory Station Road in the heart of Franklin. With 17 sales closed in 2014, it ranked 4th in Franklin for the number of condo/townhomes sold. Here are the stats for 2014:
Number of units closed 2014: 17 Currently under contract: 2 Currently available: 0 Average sold price: $319,911 Average list price: $321,788 Average sale price per sq. ft.: $162.23 Sales Price to List Price Ratio: 99.4% Average Days on Market: 24 As you can … (9 comments)
market reports: What's My Parkside at Aspen Grove Condo Worth? Market Report 2014
- 12/04/14 08:36 AM
What's My Parkside at Aspen Grove Condo Worth? Market Report 2014 The Parkside at Aspen Grove Condos have been selling well in Franklin TN for the period January through November 2014. During this time, 13 units have been sold. Here are some of the statistics for 2014, for this outstanding development.
Number of units closed 2014: 13 Currently under contract: 0 Currently available: 2 Average sold price: $230,792 Average list price: $239,146 Average sale price per sq. ft.: $173.53 Sales Price to List Price Ratio: 96.5% Average Days on Market: 44 Within this gated community, there are 130 units located at … (12 comments)
market reports: What's My Franklin TN Condo/Townhome Worth? Market Report August 2014
- 09/12/14 01:13 AM
What's My Franklin TN/Condo Worth? Market Report August 2014 Active condo/townhomes listings: 62 Active listings under contract: 17 Percentage of active under contract: 27% Properties closed in August: 22 Average sales price: $236,695 Average list price: $241,471 Average sales price to list price ratio: 98.0% Average days on the market: 50 Average per SF price: $154.20 What does all this mean for sellers? Is it a buyer's market or a seller's market? This will greatly affect the extent to which you will be in competition with other sellers in your neighborhood and across the community as a whole. To determine that, … (19 comments)
market reports: How Much Will I Pay For a Franklin TN Condo/Townhome? August 2014
- 09/03/14 02:19 AM
How Much Will I Pay For A Franklin TN Condo/Townhome? August 2014 The size of the unit, the condition of the unit and its location are primary factors in considering what you will pay for a Franklin TN condo or townhome. In addition, and of great importance to you, is whether prices are going up or down, or whether it's a buyer's market or a seller's market. To understand these factors you need to look at a current market report.
Active condo/townhomes listings: 60 Of those units currently on the market, the number under contract: 13 Properties closed in August: … (7 comments)
market reports: Franklin TN Condos/Townhomes Market Report for $100,000 - $200,000
- 08/26/14 02:29 AM
The $100,000 to $200,000 price point is very popular in the the Franklin TN condo and townhome market. Here are a few of the facts about this market as of this writing, August 26, 2014. Condos and Townhomes for sale priced between $100,000 and $200,000: 16 Of that, the number under contract: 10 Average List Price per square foot: $143.00 Size of units range from 632 sq. ft. (Berry Farms) to 1665 sq. ft. (Residences @Southwind) Association Fee average: $157.00 Units closed 1/1/14 to 7/1/14: 46 List Price to Sold Price price ratio: 97.4% Average Days on Market for sold units: 49 Days … (10 comments)
Franklin TN Condo/Townhome Market Sales 2015
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