What's My Cheswicke Farm Home Worth? August 2014

Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Cheswicke Farm Home Worth? August 2014

  • What's My Cheswicke Farm Home Worth? August 2014Properties currently Active on the market: 4
  • Single-family properties closed in August: 4
  • Average sales price: $386,237
  • Average list price: $392,972
  • Average sales price to list price ratio: 98.3%
  • Average days on the market: 62
  • Active listings under contract: 2
  • Percentage of active under contract: 50%
  • Cheswicke Farm 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)

Cheswicke Farm is in an extreme seller's market. The sales price to list price ratio is excellent and the days on the market are relatively low. With less than a month of inventory, this may be an excellent time to sell your Cheswicke Farm home.

Wondering what your Cheswicke Farm 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 Cheswicke Farm Home Worth? August 2014

Cheswicke Farm has a desirable location. It is just minutes from I65, historic Franklin and Cool Springs Galleria. Students from this neighborhood can even walk to Centennial High School. It's easy to see why the homes are selling quickly here.

While the housing market is quite good right now, buyers have become more particular than ever. For example, there were two homes right next door to each other in Cheswicke Farm located on Kentons Way. They were the same exact floor plan and square footage. One was listed for $379,000 and was in show ready condition. The other one was listed for $342,000 but in desperate need of updating and cosmetic work. The first house sold for full price, the second house sold for $325,000;  $54,000 less. Can you see why it's so important for your home to be prepared properly when selling?

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. Don't assume an agent is going to use professional photography. Be sure to ask prior to listing with an agent. The internet has become the first showing. It's important that your home look it's best.

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 Franklin Homes Realty LLC markets your home.

One of the best ways to bring attention to your Cheswicke Farm 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 Cheswicke Farm 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 Cheswicke Farm home, contact Tammie White of Franklin Homes Realty LLC 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 (2)

Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Good morning Tammie White anyone thinking of selling their Cheswicke Farm home would be wise to call you for guidance.... you have a thorough knowledge of all Franklin TN communities....

Sep 10, 2014 07:35 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Tammie, you are really rocking with all these market reports. I know they are causing you to dominate the market in Franklin.

Sep 11, 2014 01:13 PM