Watkins Creek Franklin TN Home Sales for March 2013

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Watkins Creek Franklin TN Home Sales for March 2013 provided by Tammie White:

  • Properties currently active on the market in Williamson County: 12            Watkins Creek Franklin TN Home
  • Single-family properties closed in March 2013: 2
  • Average sales price: $490,440
  • Average list price: $470,765
  • Sales price to list price ratio: 104.1%
  • Average days on the market: 101
  • Sales currently pending: 44
  • Watkins Creek absorption rate: 6 months of inventory (5-6 months of inventory is considered a normal market--four months or less is considered a sellers' market, more than 7 months is considered a buyers' market).

Watkins Creek is currently in a normal or steady market. The list price to sales price ratio is above list price but the average days on the market is a little high. However, this Franklin TN neighborhood has taken off. There are currently 44 pending sales from a neighborhood that had no activity this same time last year.

With homes selling over list price, buyers need to have the assistance of a Buyer's Agent when purchasing in Watkins Creek. Whether that person is me or another agent, he/she will be able to provide a Competitive Market Analysis to assist you with the purchase of your new home. If you are in need of a Buyer's Agent, just contact Tammie White today at (615) 495-0752.

NOTE: The photo provided is of an actual home in Watkins Creek 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 (3)

Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

Tammy: I wish we had that much inventory like you have in Watkins Creek. In some areas of San Diego County, our absorption rate is days or weeks, and not months.

Apr 08, 2013 12:49 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Tammie, Another good market report. I have to crank some out this week too.

Apr 08, 2013 01:10 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Melissa - We are seeing similar trends at certain price points.

Debbie - These reports get my phone to ring.

Apr 08, 2013 01:13 PM