McKay's Mill Market Report for February 2010

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

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 market to take advantage of these expiring 2010 Federal Housing Tax Credits.

 

McKay's Mill in Franklin TN

 

 

 ADDRESS                                       YEAR  BUILT  SQ. FT.  LIST PRICE       LP/SF  SALES PRICE        SP/SF DOM
1334 Liberty Pike 2004 2,296 $279,000 $121.52 $259,500 $113.02 87
1709 Decatur Circle 2005 2,342 $269,962 $115.27 $263,900 $112.68 24
1232 Habersham Way 2004 3,201 $369,900 $115.56 $363,500 $113.56 40
AVERAGE 2004 2,613 $306,287 $117.22 $295,633 $113.14 50
MEDIAN 2004 2,342 $279,000 $115.56 $263,900 $113.02 40

 

 

 

 

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tammie White is subject to copyright infringement and possible lawsuit.
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Rainmaker
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Paul Walker
Equity Fifty Five Realty, LLC - Scott AFB, IL
Scott AFB IL Area Realtor

Very nice market analysis! Does your MLS break down price per square foot?

I was curious, because ours does not break that down for us.

Mar 09, 2010 03:00 AM #1
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Yes the MLS does do that for us and a whole lot more.  It provides a multitude of valuable information for our clients.

Mar 09, 2010 03:21 AM #2
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Respect Realty LLC
Respect Realty LLC - Milwaukie, OR
Brokers - Oregon / SW Washington Real Estate

I love the chart, but I love the map based IDX even more, who is your service provider on that?

Mar 09, 2010 07:23 PM #3
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Todd, www.mlsfinder.comby Wolfnet Technologies, just a measly $10 a  month.

Mar 10, 2010 11:56 AM #4
Rainmaker
669,569
Martha Brown
Long & Foster Real Estate, Inc., Annapolis MD 21403 - Annapolis, MD
Your Homes Around Annapolis Agent

I like all of the above too but I really like the photo of the home. It is a gorgeous property and so southern. You are so lucky to have such beautiful architecture near by.

Mar 19, 2010 04:18 PM #7
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Martha, I love the architecture here as well.   You see lots of different styles here but I personally love homes with a welcoming front porch.

Mar 19, 2010 04:52 PM #8
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Renée Donohue~Home Photography
Savvy Home Pix - Allegan, MI
Western Michigan Real Estate Photographer

You already know I love the IDX map but that house is simply amazing.  I would love to take a peek inside and hope to see some refinished original wood floors or something very different!

Apr 21, 2010 10:33 AM #9
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services
Informative market report you have here McKay's Mill as of February 2010 . Thank you for sharing and keep up the good work!
Aug 03, 2013 02:39 PM #10
Rainmaker
708,242
Erika Rogers
Red Rock Real Estate ~ Southern Utah's Largest Independent Brokerage - Saint George, UT
St George Utah Real Estate & Relocation Specialist
Hello Tammie, thanks for sharing how well  McKay's Mill did last February 2010. Very well done with this report. Keep it up and stay the best.
Aug 06, 2013 01:17 AM #11
Rainmaker
709,207
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale
Well written post that briefly discusses the McKay's Mill Market Report for February 2010. Buyers and sellers may contact Tammie if you would like to have a comparative market analysis on this area. 
Aug 06, 2013 09:11 PM #12
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Franklin TN Homes for Sale
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