Spencer Hall Franklin TN Home Sales for April 2013

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Spencer Hall Franklin TN Home Sales for April 2013 provided by Tammie White Franklin TN REALTOR®:

  • Properties currently active on the market: 1
  • Spencer Hall Franklin TN Homes for SaleSingle-family properties closed April 2013: 2
  • Average sales price: $362,750
  • Average list price: $362,400
  • Sales price to list price ratio: 100.1%
  • Average days on the market: 62
  • Sales currently pending: 0
  • Spencer Hall absorption rate: .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).

Spencer Hall is currently in an extreme sellers' market. The sales price to list price ratio is excellent and the average days on the market is low, making it an ideal time to sell your Spencer Hall home.

The interest rates are so low and Franklin TN first-time home buyers are looking in neighborhoods like this to buy their first home. The only listing here is already under contract. So there is currently no housing inventory available in Spencer Hall.

I closed on the home pictured to the right at 3124 Bruce Gardens in Spencer Hall. It sold in one day with multiple offers for $5,000 over the asking price of $360,000. Isn't that the way you want to sell your Spencer Hall home? In one day, over list price?

If you are looking to buy a Spencer Hall home, be prepared to act quickly as homes under $400,000 are selling the first few days on the market. Be sure to have the assistance of a buyer's agent who can act quickly when the right home comes on the market.

If you are interested in buying or selling a Spencer Hall home, contact Tammie White at (615) 495-0752 today.

Search Spencer Hall Homes for Sale in 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.
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Rainmaker
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Sussie Sutton
David Tracy Real Estate - Houston, TX
David Tracy Real Estate for Buyers & Sellers

#2 WOW! That home did sell fast! However, it is quite pretty. This home looks like something that I would have considered for myself if I could have afforded it.

May 03, 2013 03:58 PM #1
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