Redwing Farms Franklin TN Home Sales for October 2012

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Redwing Farms Franklin TN Home Sales for October 2012 provided by Tammie White:

  • Properties currently active on the market: 0Redwing Farms Franklin TN Homes for Sale
  • Single-family properties closed in October 2012: 4
  • Average sales price: $323,250
  • Average list price: $331,199
  • Sales price to list price ratio: 97.6%
  • Average days on the market: 70
  • Sales currently pending: 0
  • Redwing Farms absorption rate: 0 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).

Redwing Farms is in an extreme sellers' market. All the inventory that was on the market has been depleted. This is an older neighborhood but most homes are on a one-acre-plus homesite. 

While Redwing Farms is a Franklin mailing address, it is right outside the city limits which means homeowners don't pay a city property tax. Saving them $300-$400 a year.

The photo featured above is of a home I closed in Redwing Farms in October. It closed for 96.6% of list.

If you are interested in buying or selling a Redwing Farms home, contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.

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

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.

Comments (9)

Kristine Ginsberg
Elite Staging and Redesign, LLC - Short Hills, NJ
NJ Home Stager

Tammie - I hope a lot of people thinking of selling in Redwing Farms Franklin TN read your post and see this is a seller's market...and then pick up the phone and call you! They'd be very wise to hire such a top notch Realtor with all your experience and market knowledge!

Nov 10, 2012 08:24 PM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I would like being able to answer the question...Where do you live?...Oh, I live at REDWING FARMS....very nice

Nov 10, 2012 10:46 PM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tammie, that is a nice looking home! The one acre lot is a nice feature. Buyers need to get on your waiting list for the next home that becomes available in Redwing Farms.

Nov 11, 2012 02:47 AM
Jon Karlen
Finish Line Realty - Louisville Ky Real Estate - Metropolitan Service Area - Louisville, KY
Louisville Kentucky real estate - Metro Area

With it being a seller's market, you can expect that property prices should be increasing.  (Hint:  A great time to buy there now!)

Nov 11, 2012 03:14 AM
Nancy Milton Holtzscher
RE/MAX Alliance in St.Louis' Illinois suburbs - Edwardsville, IL
Edwardsville/Glen Carbon, Illinois Broker, REALTOR

Gorgeous neighborhood, Tammie.  Congratulations on the sale. If I were selling a home in Redwing Farms in Franklin, TN, I'd make Tammie White my Realtor!

Nov 11, 2012 03:15 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Tammie - nice update. If the home in the photo is an indication of what goes for that average price, the values are terrific!

Nov 11, 2012 09:54 AM
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Tammie,  I am amazed to see there are no active listing … Seems like people who live there don’t want to leave.  The home you closed in October is beautiful!

Nov 13, 2012 02:17 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Kathleen - You guessed it. As a matter of fact, the buyer of this home lived right around the corner. He stayed in the same exact neighborhood. So it definitely has staying power.

Nov 13, 2012 12:15 PM