McKay's Mill Franklin TN Home Sales for August 2012

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

McKay's Mill Franklin TN Home Sales for August 2012 provided by Tammie White:

  • Properties currently active on the market: 31McKay's Mill Franklin TN Homes for Sale
  • Single-family properties closed in August 2012: 9
  • Average sales price: $423,841
  • Average list price: $425,445
  • Sales price to list price ratio: 99.6%
  • Average days on the market: 77
  • li>Sales currently pending: 10
  • McKay's Mill absorption rate: 3.4 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).

McKay's Mill is in a sellers' market. The sales price to list price ratio and low days on the market are very good for this Franklin TN neighborhood. The sales price to list price ratio remains high because 1/3 of the closed home sales were new construction that sold at or above list price. The best buys in this neighborhood are found in the existing homes.

Of the 31 homes currently listed, 6 are under contract that have not been moved into pending yet. Due to the size of this community, nearly 1,500 homes, the inventory is very low--making this a good time to list your McKay's Mill home.

If you are interested in a Franklin TN home for sale or wish to sell your Franklin TN home, contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.

<

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.
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate General Information
Location:
Tennessee Williamson County Franklin McKay's Mill
Groups:
City and State
Local Real Estate Market Reports
Market Reports
HyperLocal Neighborhood and Community Posts
Tags:
mckays mill home sales
mckays mill market reports

Spam prevention
Show All Comments
Rainmaker
456,747
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

Great Market Update of McKay's Mill in Franklin TN. I absolutely love the look of the homes in your area. Another gorgeous one here in your post!

Sep 28, 2012 09:21 AM #1
Ambassador
1,704,310
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Shannon - That is a very popular look in the south.

Sep 28, 2012 01:46 PM #2
Ambassador
2,692,832
Katerina Gasset
Get It Done For Me Virtual Services - Wellington, FL
Get It Done For Me Virtual Services

Hello Tammie,Another helpful Market Update for all the interested clients out there.Keep it up being the best and expert Franklin TN Short Sale Agent.

Sep 29, 2012 03:40 AM #3
Rainer
71,855
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

Great job making this report interesting and easy to understand. Keep up the good work as the go to Franklin TN short sale agent!

Oct 05, 2012 12:04 PM #4
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
1,704,310

Tammie White, Broker

Franklin TN Homes for Sale
GET REAL. GET LOCAL.
*
*
*
*
Spam prevention

Additional Information