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What's My Carronbridge Home Worth? Market Report for April 2014

By
Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Carronbridge Home Worth? Market Report for April 2014

  • What's My Carronbridge Home Worth? Market Report for April 2014Properties currently Active on the market: 2
  • Single-family properties closed in April: 2
  • Average sales price: $720,000
  • Average list price: $736,950
  • Average sales price to list price ratio: 97.7%
  • Average days on the market: 32
  • Carronbridge absorption rate: 1 month of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)

Carronbridge homes for sale in Franklin TN is currently experiencing an extreme seller's market. The average sales price to list price ratio is one percentage point lower than the other closed sales of homes priced between $700,000 to $800,000 but the average days on the market is also lower. This suggests that buyers like what they see but aren't willing to pay what sellers expect.

Are you curious what your Carronbridge home is worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds.

What's My Carronbridge Home Worth? Market Report for April 2014

Houses at this price usually take a little longer to sell. For example, there are currently 54 homes priced between $700,000 to $800,000 and only 9 are currently under contract which means the absorption rate is 6 months. Carronbridge home sellers looking to sell over the summer months should carefully consider their price when listing.

With 92% of buyers beginning their home search on the internet, you need your Carronbridge home to have the best coverage possible on the internet. This goes way beyond just syndicating your home to other websites. Buyers are relocating from other parts of the country. The only way to get their attention is to be sure your listing agent gets your house maximum internet exposure.

Photography is also an important element in showcasing the many features of your home. Then you want your home to stand out from the others in your neighborhood with a single-property website. Just click the link to be taken to one example of the ways TW Realty Group markets your home.

One of the best ways to bring attention to your Carronbridge home is to have an agent who is using the newest technology to get the word out about your home. This includes the use of social media and blogging. Something not many listing agents in the Franklin housing market are doing.

Also, check out the Carronbridge homes for sale webpage on our site. It's easy to see why our website gets thousands of clicks each month. This provides your listing with exposure to home buyers all over the country.

When you are ready to sell your Carronbridge home, 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)

Teral McDowell
Referral Patners LLC - Murphy, TX

Tammie, a really good report on the housing market in Carronbridge; we'd all like to see a little more inventory during these summer months.

May 26, 2014 02:35 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

Hello Tammie. Great market report as always. You're right that most buyers are now searching for homes online. Having websites avaialble for them is really helpful. Keep up the good work!

May 28, 2014 08:43 AM