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

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

• Properties currently Active on the market: 5
  
• Single-family properties closed in June 2013: 4
  
• Average sales price: $277,750
• Average list price: $281,872
• Average sales price to list price ratio: 98.5%
• Average days on the market: 28
  
• Sales currently pending: 0
  
• Franklin Green absorption rate: 1.3 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 excellent and the average days on the market is very low, making this an ideal time to list your Franklin Green home. Of the 5 active listings, 2 are already under contract.

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.