Carlisle Franklin TN Home Sales for February 2012 provided by Tammie White:
- Properties currently active on the market: 3
- Single-family properties closed in February 2012: 2
- Average sales price: $405,000
- Average list price: $506,500
- Sales price to list price ratio: 80%
- Average days on the market: 121
- Sales currently pending: 0
- Carlisle absorption rate: 1.5 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).
Carlisle is currently in an extreme seller's market. One of the two closed Carlisle sales was a short sale selling for $170,000 under list price. This caused the average sales price to list price ratio to be just 80% of list price.