Creekstone Franklin TN Home Sales for August 2012

Real Estate Broker/Owner with Franklin Homes Realty LLC

Creekstone Franklin TN Home Sales for August 2012 provided by Tammie White:

  • Properties currently active on the market: 3Creekstone Franklin TN Homes for Sale
  • Single-family properties closed in August 2012: 2
  • Average sales price: $309,567
  • Average list price: $309,642
  • Sales price to list price ratio: 100%
  • Average days on the market: 0
  • Sales currently pending: 16
  • Creekstone 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).

Creekstone is in an extreme sellers' market. However, this is not a good thing for buyers. Creekstone is a new construction Franklin TN neighborhood in the early stages of development.

Homes are selling for over asking price with an average days on the market of 0. Zero days, how can that be? That's because these homes were pre-sales. Buyers purchased them prior to them being listed in the MLS (multiple listing service). Buyers need to remember that even new construction homes are negotiable. While many builders may want to get their base price for a home, they are usually negotiable on add-ons or upgrades.

To insure you are getting the best price for a Creekstone home, have the assistance of a Buyer's Agent. The on-site sales agents work for the seller. Hiring a Buyer's agent insures that your financial interest is represented. The best part is the seller pays the Buyer's Agent to represent you. So there's no excuse for not hiring one. It's always best to contact a buyer's agent prior to actually visiting the new construction community. That way, you don't compromise your negotiating power when it comes time for your agent to present an offer.

If you are interested in buying a Creekstone home and need Buyer's Representation, contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.

NOTE: The above photo is of an actual Creekstone Frankin TN home.

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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Cheryl Ritchie
RE/MAX Leading Edge - Huntingtown, MD
Southern Maryland 301-980-7566
Very handsome market report. You definitely deserve a pumpkin spice latte today for this well done report.
Sep 23, 2012 11:33 PM #1
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Hello Tammie,Thanks for a lovely Market Update again.You're definitely the best and right Franklin TN Short Sale Agent to talk of luck! 


Sep 24, 2012 12:56 AM #2
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Definitely an expert and the best Franklin Tn Short Sale Agent knows how to present a great Market update.Great Job ,Tammie! More success to come! 

Sep 24, 2012 02:06 AM #3
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

Tammie, what a market report !  "0" days on market wow they must all be pocket listings which i dislike..but it is a fast market you are in for of luck as a strong realtor and Franklin TN short sale agent.

Sep 24, 2012 08:41 PM #4
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Ginny - These sales were both pre-sales and that's why they have 0 days on the market.

Sep 25, 2012 01:03 AM #5
Digital Digital
Alachua, FL
full service

Hi Tammie,


Wow, homes are selling for 100% of asking price in 0 days.

That’s a healthy seller’s market you’ve got there in Franklin.

All the best for the rest of the year!

Sep 25, 2012 02:51 PM #6
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL

Tammie - What a great absorption rate for Creekstone, homewoners must be very happy.

Sep 26, 2012 12:15 AM #7
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

With a home like that in the picture, I can see the attraction to Creekstone Franklin TN homes for sale!

As always, great market update!

Sep 26, 2012 09:27 PM #8
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Wandanna - Unfortunately, the seller is Pulte Homes. It doesn't appear they are being very negotiable. That's why it is always best to use a buyer's agent.

Michelle - Twenty-one homes have closed this year with sixteen more pending.

Shannon - The homes are lovely.

Sep 27, 2012 12:01 AM #9
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

This neighborhood looks great, but doesn't appear to be very buyer-friendly right now. Thanks for sharing this info. Keep up the good work as the go to Franklin TN short sale agent!

Sep 27, 2012 12:24 PM #10
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Bas - I would agree. Many of the Franklin TN builders are negotiable in their asking price. In his on-site agent's own words, they are an ala carte builder.

Sep 27, 2012 02:08 PM #11
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Franklin TN Homes for Sale
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