Franklin TN Home Sales for May 2012

Real Estate Broker/Owner with Franklin Homes Realty LLC

Franklin TN Home Sales for May 2012 provided by Tammie White Franklin TN REALTOR®:

  • Franklin TN Homes for SaleProperties currently active on the market: 941
  • Single-family properties closed in May 2012: 168
  • Average sales price: $400,750
  • Average list price: $418,164
  • Sales price to list price ratio: 95.17
  • Average days on the market: 79
  • Sales currently pending: 210
  • Franklin TN absorption rate: 5.6 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 is currently in a normal market. However, the days on the market and the inventory are low. If this continues and the number of sales increase, Franklin TN could quickly be in a sellers' market.

If you are looking to buy a home in Franklin TN, remember to use a Buyer's Agent. This agent will represent your interests during the transaction.

A good Buyer's Agent should always provide you with the most recent Competitive Market Analysis and Absorption Rate to help you determine the fair market value of the home you are buying. I would be happy to help you in this area, just contact me today!!

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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Ginny Gorman
RI Real Estate Services ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Wow Tammie, I love those days on market we are double those days here which kills us...presentation is part of the sale and you do a wonderful job with your market report...have a wonderful Sunday and a successful week!

Jun 09, 2012 08:57 PM #1
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tammie, a very thorough and concise market report for Franklin, TN. Very nice!

Jun 09, 2012 11:02 PM #2
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Tammy- Sellers' markets, buyers' markets, my favorite is a balanced market where everyone plays fair.

Jun 10, 2012 04:02 AM #3
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hi Tammie,Thank you for always sharing your Market Update with us.This is definitely helpful to everyone.Keep up the good work and Stay an expert Franklin TN Short Sale Agent.Best of luck to you! 

Jun 10, 2012 04:44 AM #4
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Tammie -- nice to see a market report make the featured list -- savvy Franklin TN homeowners should definitely give you a call when they are ready to SELL(not just list)their homes.

Jun 10, 2012 07:38 AM #5
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Ginny - Things are really moving here right now. A lot of pent up buyers finally getting off the fence.

Micheal - Thanks.

Katerina - Thanks for the glowing endorsement.

MIchael - Thanks. I was out all day and hadn't realized it got featured.

Jun 10, 2012 02:25 PM #6
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Tammy, Excellent Market Reporting for Franklin, TN. I believe buyers want to see homes more than those charts and graphs. Only 79 days on the market is amazing too. Keep up the Good Reporting for your area. It will soon be a Seller's Market.

Jun 10, 2012 02:38 PM #7
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

Thanks for sharing this great report. Keep up the good work as a top Franklin TN short sale agent and I wish you more success!

Jun 12, 2012 11:48 AM #8
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Jerry - Many neighborhoods have already made the transition into a sellers' market.

Bas - Thanks for stopping by.

Jun 13, 2012 04:13 AM #9
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Franklin TN Homes for Sale
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