What's My Riverview Park Home Worth? Market Report for July 2014

Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Riverview Park Home Worth? Market Report for July 2014

  • What's My Riverview Park Home Worth? Market Report for July 2014Properties currently Active on the market: 4
  • Single-family properties closed in July: 4
  • Average sales price: $258,750
  • Average list price: $257,750
  • Average sales price to list price ratio: 100.4%
  • Average days on the market: 37
  • Pending sales: 0
  • Riverview Park 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)

Riverview Park is in an extreme seller's market right now. The sales price to list price ratio is excellent and the average days on the market are very low; making it an ideal time to sell you Riverview Park home. Riverview Park has never been more desirable.

Wondering what your Riverview Park 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 Riverview Park Home Worth? Market Report for July 2014

The old mantra location, location, location is really helping home sales in Riverview Park. With quick access to I65, historic Franklin and Cool Springs Galleria, buyers flock to this neighborhood. That coupled with nice homes at very affordable prices make Riverview Park even more desirable. For buyers interested in one-level homes priced below $300,000, Riverview Park offers some very nice options. 

While the housing market is quite good right now, buyers have become more particular than ever. Making updates such as adding granite counter tops and stainless steel appliances can really set your Riverview Park home apart which in turn increases what your home is worth. If you have a one-level home, upgrades may not matter.

One of the closed sales in July was sold by me. The home didn't have an updated kitchen or second bath but the master bath had been updated. What is did have was a desirable one-level plan with a private courtyard. The carpet was less than three years old and the house had been freshly painted. The photo above is of that home. This seller had 30 showings in three days with six offers; four of them were for cash and waived the appraisal. We heavily promoted this home prior to listing.

With 92% of buyers beginning their home search on the internet, sellers need their homes to have the best coverage possible on-line. 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 Riverview Park 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.

Check out the Riverview Park 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 Riverview Park 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.

Comments (5)

Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Tammie White 

Thank you for this market update.

It is most informative.

...Perfect information for buyers and sellers alike!

I hope you have a great weekend!

Aug 22, 2014 11:56 PM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Jim - Thanks for stopping by. Buyers are clamoring to homes in Riverview Park.

Aug 23, 2014 12:45 AM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Tammy the number of days on the market (DOM) say it all for me about how desirable this community is for Buyers.  Would love to see or DOM move closer to Riverview Park.

Aug 23, 2014 07:53 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Tammie, It is hot no doubt because of the modest price point for the Franklin market. I know a listing in this neighborhood would be like money in the bank.

Aug 23, 2014 12:27 PM
Katerina Gasset
The Gasset Group & Get It Done For Me Virtual Services - Provo, UT
Amplify Your Real Estate & Life Dreams!

The market condition is ideal for sellers, they can get the best out of their homes if they will hire an experienced agent like you, Tammie.

Aug 27, 2014 07:45 PM