Avalon Franklin TN Home Sales for March 2013

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Avalon Franklin TN Home Sales for March 2013

  • Properties currently active on the market: 12Avalon Franklin TN Homes for Sale
  • Single-family properties closed in March 2013: 6
  • Average sales price: $422,683
  • Average list price: $432,200
  • Sales price to list price ratio: 97.8%
  • Average days on the market: 72
  • Sales currently pending: 1
  • Avalon absorption rate: 2 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a sellers' market, above 7 months is considered a buyers' market).

Avalon is in an extreme sellers' market. The sales price to list price ratio is good and the average days on the market is also low making this an ideal time to list your Avalon home.

This price point isn't moving as quickly as some other price points in Franklin TN so there is definitely room for negotiation with sellers. If you are a buyer, make sure you are hiring a Buyer's Agent who will represent your interest in the transaction. There's no reason not to as they are paid by the listing broker at no cost to the buyer.

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.

NOTE: The above photo is of an actual home located in Avalon 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.

Comments (4)

Rob Thomas
Prestige Homes of The Tri Cities, Inc. CALL....423-341-6954 - Bristol, TN
Bristol TN-VA & Tri Cities Agent, ABR, GRI, e-Pro

Tammy ...Very nice report! Franklin is a great area to live in!

Have a great night!

Apr 06, 2013 11:01 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Tammie, A good looking neighborhood and good report as always.

Apr 06, 2013 01:00 PM
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

Good morning, Tammie. It looks like this spring market is heating up quickly. Thanks for posting this market report...

Apr 06, 2013 07:17 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Rob - It sure is.

Debbie - You will find a variety of price points in this neighborhood. Dave Ramsey calls Avalon home.

MIchael - Good news for both of us.

Apr 07, 2013 03:00 PM