Cottonwood Franklin TN Home Sales for August 2012

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

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

  • Properties currently active on the market: 5Cottonwood Franklin TN Homes for Sale
  • Single-family properties closed in August 2012: 3
  • Average sales price: $306,800
  • Average list price: $313,600
  • Sales price to list price ratio: 97.8%
  • Average days on the market: 78
  • Sales currently pending: 1
  • Cottonwood absorption rate: 1.7 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).

Cottonwood is currently in an extreme sellers' market. Of the 5 homes currently listed, 2 are already under contract that have not been moved into pending yet. Although, this is an older neighborhood it is highly desirable.

The low inventory, high sales price to list price ratio and low average days on the market, make it a great time to sell your Cottonwood home.

If you would like to buy a Franklin TN home or sell your Franklin TN home, contact Tammie White at (615) 495-0752 today.

NOTE: The above photo is of an actual home located in the Cottonwood neighborhood of Franklin TN.

 

Posted by
Tammie White, Managing Broker/Owner
CLHMS, CRS, GRI, SFR
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
GET REAL. GET LOCAL.
 
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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Rainmaker
5,187,867
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Hi Tammie....oh what I wouldn't do for a 'level market'..... we all need a break, don't we....

Sep 28, 2012 05:24 AM #1
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Hi Tammie... I really like the beautiful homes you always add to your area market report.  Such a pleasant change from the styles of the southwest.  Have a great weekend my friend.

Sep 28, 2012 05:39 AM #2
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Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Barbara - We are fortunate that our housing dip came in the form of a price adjustment. Franklin short sales and foreclosures were low in comparison to other areas near Nashville. Right now, many of the Franklin TN neighborhoods are in a sellers' market.

John - I love driving neighborhoods are taking photos. I want buyers to have a good idea of the types of home they will find in a given neighborhood.

Sep 28, 2012 05:48 AM #3
Rainer
71,855
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

Thanks for sharing this detailed and comprehensive report. Keep up the good work as the go to Franklin TN short sale agent!

Oct 05, 2012 12:03 PM #4
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Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hello Tammie,Just dropping by to wish you good luck on your business.I hope everything is fine.Best of luck and continue doing great as Franklin TN Short Sale Agent. 

 

Oct 06, 2012 03:51 AM #5
Rainmaker
709,207
Petra Norris
Lakeland Real Estate Group, Inc. - Lakeland, FL
Realtor, Lakeland FL Homes for Sale

Excellent Market Update here ,Tammie.Detailed and easy to understand.Keep being the best and go to Franklin TN Short Sale Agent.

 

Oct 11, 2012 12:42 AM #6
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Franklin TN Homes for Sale
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