What's My Polk Place Home Worth? Market Report for May 2014

Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Polk Place Home Worth? Market Report for May 2014

  • What's My Polk Place Home Worth? Market Report for May 2014Properties currently Active on the market: 10
  • Single-family properties closed in May: 3
  • Average sales price: $373,333
  • Average list price: $386,133
  • Average sales price to list price ratio: 96.7%
  • Average days on the market: 53
  • Pending sales: 1
  • Polk Place absorption rate: 3.3 months 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)

Polk Place is in a seller's market. The list price to sales price isn't as high as some other neighborhoods of a comparable price but the average days on the market is relatively low. Of the 10 active listings, 6 are already under contract.

Wondering what your Polk Place 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 Polk Place Home Worth? Market Report for May 2014

While the housing market is quite good right now, buyers have become more particular than ever. Homes that have been updated and include maple cabinets, granite counter tops and stainless steel appliances are selling quicker for top dollar.

With 92% of buyers beginning their home search on the internet, sellers need their homes to have the best coverage possible on the internet. This goes way beyond just syndicating listings to other websites.

The homes that have the best coverage on the internet are the ones who get the most traffic and as a result multiple offers. Sellers want to make sure the photographs are professionally done showcasing the many features of their homes. Additionally, 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 Polk Place 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 Polk Place 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 Polk Place home, contact Tammie White at (615) 495-0752.

Posted by
Tammie White, Managing Broker/Owner
Franklin Homes Realty LLC
Franklin, TN
(615) 495-0752 
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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ReadySetLoan Condo Approval Team
ReadySetLoan Condo Team LLC - South Windsor, CT
The FHA/VA Condo Project Approval Specialists

Hi Tammie - Wow!  Only 3.3 months of inventory?  A serious buyer needs to act very quickly and work with an agent like you who has their finger on the pulse of the area.

Jun 29, 2014 10:03 PM #1
Barbara Michaluk
Weichert Realtors | Silver Spring, MD Phone Direct 240-506-2434 - Silver Spring, MD
Leisure World Specialist / Full Service REALTOR

Tammy, this is very good information you are providing to interested sellers in this particular market. I hope you get some listings as a result of your efforts.

Jun 30, 2014 01:53 AM #2
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Franklin TN Homes for Sale
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