Founders Pointe Franklin TN Home Sales for August 2011

Real Estate Broker/Owner with Franklin Homes Realty LLC

Founders Pointe Franklin TN Home Sales for August 2011 provided by Tammie White:

  • Properties currently active on the market: 2Founders Pointe Franklin TN Homes for Sale
  • Single-family properties closed in August 2011: 3
  • Average sales price: $317,766
  • Average list price: $329,266
  • Sales price to list price ratio: 96.5%
  • Average days on the market: 54
  • Sales currently pending: 2
  • Founders Pointe absorption rate: .7 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).

Founders Pointe is in an extreme seller's market for the third month in a row. The average days on the market have been under 80 days for the last three months with the last two months being under 60 days. The average sales price to list price ratio has been 96.5 or above. With just 2 homes currently listed, it's my opinion, that now may be an ideal time to sell your Founders Pointe home in Franklin TN.

First-time home buyers are attracted to this neighborhood and with interest rates so low, there is a strong indication that home sales in Founders Pointe will continue to be brisk.

Just look at the home sales recent history:

Founders Pointe Franklin TN Home Sales for July 2011

Founders Pointe Franklin TN Home Sales for June 2011

To receive your free competitive market analysis for Founders Pointe contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.

Posted by
Tammie White, Managing Broker/Owner
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
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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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Great statistic, market is moving! Great post, Tammie. Wishing to you a lof of sales before the end of the year!

Sep 26, 2011 04:49 PM #1
1~Judi Barrett
Integrity Real Estate Services 118 SE AVE N, Idabel, OK 74745 - Idabel, OK
BS Ed, Integrity Real Estate Services -IDABEL OK

Tammie, I lvoe the presentation of this data.  It's easy to read and gets the point across so cearly to those interested in reale state in Founders Pointe Franklin TN.  Tammie White is the real estate agent to call in that area.

Sep 27, 2011 02:40 PM #2
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Great Founders Pointe Franklin market update Tammie! It doesnt justclearly explains what each data means but also has your expert opinion as an experienced Franklin TN short sale agents... This is very helpful to buyers and sellers. Thanks for sharing this!

Sep 29, 2011 11:53 PM #3
Bob Hertzog
Summit Home Consultants - Phoenix, AZ
Designated Broker

Tammie, with your expertise as Franklin TN Short Sale Agents, your home sales reports such as this one.. always have the important information that ispresented in an understandable manner for your readers. Best of success!

Sep 30, 2011 01:59 AM #4
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Franklin TN Homes for Sale
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