Liberty Hills Home Sales in Franklin TN for February 2014

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

Liberty Hills Home Sales in Franklin TN for February 2014

Liberty Hills is located just a mile west of Interstate 65 at the corner of Liberty Pike and Royal Oaks Boulevard in Franklin TN. There are approximately 225 homes. The majority of the homes were built between 1988 and 1999. With a hand-full being built in the mid-2000's. Liberty Hills homes range in size from 1,500 square feet to 3,800 square feet.  It is located just a short drive from both historic downtown Franklin and the Cool Springs Galleria. Liberty Hills is zoned for the Franklin Special School District (FSSD) for elementary and middle schools and Williamson County Schools for high school. Liberty Hills has an active HOA that offer a variety of events throughout the year.

Liberty Hills homes for sale in Franklin TN

Liberty Hills Home Sales in Franklin TN for February 2014

 

Liberty Hills Home Sales in Franklin TN for February 2014

  • Properties currently Active on the market: 3
  • Single-family properties closed in February 2014: 2
  • Average sales price: $257,500
  • Average list price: $263,700
  • Average sales price to list price ratio: 97.6%
  • Average days on the market: 108
  • Sales currently pending: 1
  • Liberty Hills absorption rate: 1.5 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).

 Liberty Hills home sales in Franklin TN for February 2014 were strong putting them in an extreme sellers' market. The average sales price to list price ratio is good. However, the average days on the market is high suggesting that homes may not have been priced correctly when they first hit the market.

The best way to determine a list price is to have an experienced real estate agent prepare a Competitive Market Analysis. This will provide you with the current active listings and most recent closed sales so you can price your home competitively.

If you are a Liberty Hills home buyer, you may not want to wait too long. This is one of a few neighborhoods with homes currently priced under $300,000. Be sure to have the assistance of a Buyer's Agent. He/she will be able to provide you with a Competitive Market Analysis to determine the best purchase price. This service is provided at no cost to you; Buyer's Agents are paid by the listing brokerage company.

If you need assistance buying or selling a Liberty Hills 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.
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Rainmaker
401,323
John Wiley
Right Move Real Estate Group- EXP Realty - Fort Myers, FL
Lee County, FL, ECO Broker, GRI, SRES,GREEN,PSA

Tammie, you have provided a great report with clear analysis of what it means for the Buyer and Seller.

People in your area would do well to have a knowledgeable agent like you.

Have a great week.

Mar 04, 2014 08:43 PM #1
Rainmaker
331,098
Bruce Swedal
Denver, CO
Denver Real Estate

Nicely done market report. Anyone buying or selling in the area will surely find this valuable and should look to you for guidance.

Mar 04, 2014 11:37 PM #2
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