What's My Buckingham Park Home Worth? Market Report for October 2014
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Properties currently Active on the market: 1 - Single-family properties closed in October: 2
- Average sales price: $345,000
- Average list price: $349,450
- Average sales price to list price ratio: 98.7%
- Average days on the market: 57
- Active listing under contract: 100%
- Buckingham Park absorption rate: .5 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)
Buckingham Park is in an extreme seller's market. The average days on the market are low and the sales price to list price ratio is excellent. Both of these homes had updates including hardwood, granite counter tops and stainless steel appliances. They were freshly painted and very attractive to buyers.
Are you curious what your Buckingham 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.
While housing inventory in Franklin remains low, buyers are more particular than ever. Simple updates such as granite counter tops and stainless steel appliances go a long way with buyers. As a matter of fact, many buyers have come to expect these types of updates. The good news is buyers are willing to pay a premium for these types of updates which increases the value of your home.
Pricing is still a primary reason why homes sell quickly. Price it right and you will have lots of interest. Don't try to test the market, it usually turns out badly for sellers. After condition and price have been addressed, proactive marketing can get your home in front of the largest number of buyers in the shortest amount of time.
With 92% of buyers beginning their home search on the internet, you need your home to have the best coverage possible on-line. This goes way beyond just syndicating your home to other websites.
You want to make sure the photographs are professionally done 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 Buckingham 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.
Also, check out the Buckingham 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 Buckingham Park home, contact Tammie White at (615) 495-0752.
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