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Franklin Green Homes for Sale in Franklin TN | Market Report for April 2013

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Franklin Green Homes for Sale in Franklin TN | Market Report for April 2013

Franklin Green is located just west of historic, downtown Franklin off Boyd Mill Road.  This Franklin TN neighborhood sits on 200 acres with homes of varying styles and sizes. It has one hundred acres of parks, woods and walking trails. Ideal for buyers looking for lots of green space. Residents find the convenient location and great amenities hard to beat.

There are approximately 500 homes in the Franklin Green neighborhood of Franklin TN. They generally range between 1,200 to 3,400 square feet. The homes were built between 1997 to 2003 by various builders including Centex and Ryan Homes. The amenities include a park with playground, pool, walking trails, clubhouse, gazebo and plenty of green space. Franklin Green also has an active HOA offering residents a variety of activities for adults and children.

Franklin Green Homes for Sale in Franklin TN

Franklin Green Homes for Sale in Franklin TN

 

Franklin Green Franklin TN Market Report for April 2013

  • Properties currently Active on the market: 5
  • Single-family properties closed in April 2013: 6
  • Average sales price: $245,050
  • Average list price: $250,283
  • Average sales price to list price ratio: 97.9%
  • Average days on the market: 35
  • Sales currently pending: 4
  • Franklin Green absorption rate: 1.2 months of inventory (a normal or steady market would be 5 - 7 months; anything under 5 months of inventory is considered a sellers' market; anything above 7 months of inventory is considered a buyers' market).

Franklin Green is in an extreme sellers' market. The average sales price to list price ratio is good and the average days on the market is very low, making this an ideal time to list your Franklin Green home. As a matter of fact, all of the active listings are already under contract. That's right, there are no homes currently available in Franklin Green homes for sale in Franklin TN.

If you are a Franklin Green homeowner who has been contemplating selling your home, contact me today for a Competitive Market Analysis. You may be pleasantly surprised to hear what your home is worth.

If you are a Franklin Green home buyer, be sure to have the assistance of a Buyer's Agent. He/she will also be able to provide you with a Competitive Market Analysis to determine the best purchase price. Be advised that the current market is booming. Many homes are selling in the first day with multiple offers. All the more reason to make sure you have a Buyer's Agent to represent your interest during the transaction. This service is provided at no cost to you; they are paid by the listing brokerage company.

If you need assistance buying or selling a Franklin Green homes for sale in Franklin TN today, contact

Tammie White at (615) 495-0752.

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 (2)

Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Tammie glad to hear about the market changes.  It was not long ago that buyer's markets reigned.  Now Franklin Green TN is in a seller's market. 

May 09, 2013 04:20 PM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning, Tammie.... Franklin Tn is just like Franklin MA.... we have one month of inventory remaining.... it's frightening....

May 09, 2013 08:11 PM