Dallas Downs Franklin TN Home Sales for August 2012 provided by Tammie White Franklin TN REALTOR®:
- Properties currently active on the market: 5
Single-family properties closed in August 2012: 2- Average sales price: $260,950
- Average list price: $269,926
- Sales price to list price ratio: 96.7%
- Average days on the market: 56
- Sales currently pending: 1
- Dallas Downs absorption rate: 2.5 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).
Dallas Downs is currently in a sellers' market.
The interest rates are so low and Franklin TN first-time home buyers are looking in neighborhoods like this to buy their first home. With just 2.5 months of inventory, now may be a great time to sell your Dallas Downs home.
Of the 5 active listings, 3 are already under contract. I am currently working with a client who would like to purchase a one-level home here with 2,500 square feet or less. If you have a home in Dallas Downs that has been recently updated meeting these parameters, please contact me asap.
If you are interested in buying a Dallas Downs home, contact Tammie White at (615) 495-0752 today.
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