Ladd Park Franklin TN Home Sales for September 2011 provided by Tammie White:
- Properties currently active on the market: 29
- Single-family properties closed in September 2011: 9
- Average sales price: $354,973
- Average list price: $357,583
- Sales price to list price ratio: 99.3%
- Average days on the market: 29
- Sales currently pending: 11
- Ladd Park absorption rate: 3.2 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).
Ladd Park is in a seller's market. With homes selling on average for 99.3% in less than 30 days, it may be a good time to put your Ladd Park home on the market.
Be sure when buying a new construction home in Ladd Park to use a Buyer's Agent to help you maneuver the process. Remember, the on-site agent represents the seller and will try to get you to pay more than you should for your new Ladd Park home.