Cool Springs East Franklin TN Home Sales for July 2012 provided by Tammie White:
- Properties currently active on the market: 9
- Single-family properties closed in July 2012: 5
- Average sales price: $382,500
- Average list price: $399,060
- Sales price to list price ratio: 95.9%
- Average days on the market: 55
- Sales currently pending: 0
- Cool Springs East absorption rate: 1.8 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).
Cool Springs East is currently in an extreme sellers' market. The sales price to list price ratio remains high and the average days on the market remain low.
Of the nine active listings, seven are already under contract that have not been moved into pending sales. That leaves just two Cool Springs East home available making this a fabulous time to list your Cool Springs East home.
NOTE: The photo above is of an actual Cool Springs East Franklin TN home.