Franklin TN Home Sales for August 2011

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

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

 

  • Properties currently active on the market: 887 Franklin TN Homes for Sale
  • Single-family properties closed in August 2011: 129
  • Average sales price: $392,172
  • Average list price: $410,792
  • Sales price to list price ratio: 95.5%
  • Average days on the market: 86
  • Sales currently pending: 135
  • Franklin TN absorption rate: 6.9 months of inventory (5-6 months of inventory is considered a normal market--four months or less is considered a sellers' market, more than 7 months is considered a buyers' market).

Franklin TN home sales have been very strong for the last several months. We are very close to being in a normal market.

If you are interested in a Franklin TN home for sale or wish to sell your Franklin TN home, contact Tammie White at (615) 495-0752.

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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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
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Hi Tammie -

Great market report on Franklin TN.  86 days on market for the average price range sounds pretty darn good.  Glad to hear positive news!

Best regards from the Q

Oct 29, 2011 05:12 PM #1
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