Cannonwood Franklin TN Home Sales for June 2012 provided by Tammie White:
- Properties currently active on the market: 2
- Single-family properties closed in June 2012: 2
- Average sales price: $294,900
- Average list price: $299,900
- Sales price to list price ratio: 98.3%
- Average days on the market: 85
- Sales currently pending: 0
- Cannonwood absorption rate: 1 month 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).
Cannonwood is in an extreme sellers' market. With just two properties on the market and both of those already under contract, now would be a great time to sell your Cannonwood home.
Don't wait until the summer is over, take advantage of the selling season now.