What's My Avalon Home Worth? November 2014

Real Estate Broker/Owner with Franklin Homes Realty LLC

What's My Avalon Home Worth? November 2014

  • What's My Avalon Home Worth? November 2014Properties currently Active on the market: 15
  • Single-family properties closed in November: 2
  • Average sales price: $659,000
  • Average list price: $689,900
  • Average sales price to list price ratio: 95.5%
  • Average days on the market: 95
  • Active listings under contract: 0
  • Avalon absorption rate: 7.5 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)

Avalon is currently experiencing a buyer's market. It's difficult to write a commentary on the sales in Avalon because of the diversity in housing within the different sections of this neighborhood. There is everything from townhomes to large million dollar estates on acreage. At a sales price to list price ratio of 95.5% it's clear these homes were overpriced.

Wondering what your Avalon home is worth? Click the photo below to be taken to an instant property valuation report.

What's My Avalon Home Worth? November 2014

Avalon draws buyers because of its prime location in the Cool Springs area. However, sellers must remember pricing is still paramount to securing a quick sale. Buyers are most concerned with pricing and condition. Since condition isn't usually an issue in these homes, pricing rules the day. As was witnessed by the closed sales for July.

With 92% of buyers beginning their home search on the internet, you need your home to have the best coverage possible online. This goes far beyond just syndicating your home to other websites.

At Franklin Homes Realty LLC, we use the latest technology so your home is seen by a large pool of buyers, including buyers outside our local market. We do this through the use of social media and blogging. We provide the #1 home search for buyers looking in Franklin TN neighborhoods. 

Not convinced that Franklin Home Realty LLC leads the pack in internet dominance, let me Google that for you. As you can see our website, www.FranklinTNHomesforSaleOnline.com ranks in several places on the first page of Google. We are the only local real estate team to do that. The other spots are taken by national real estate sites and brokerages. This placement isn't due to ads. The only way to rank in these spots is by being recognized as an authority by Google for Franklin TN real estate.

Curious how we do this? When you get ready to sell your Avalon home, contact Tammie White at (615) 495-0752 and we'd be happy to share how we can do this for you.

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)

Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi Tammie,,,always enjoy viewing information on other communities.  Tks for sharing with us.

Dec 27, 2014 03:25 AM
Nancy Laswick
United Real Estate - Phoenix, AZ
Your REALTOR® For The Valley Of The Sun

An excellent Market Report on Avalon Tammie White. Just the right information to help sellers and buyers looking at the Avalon market.

Dec 27, 2014 04:55 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Tammy, you do an excellent market report on Avalon Homes. So many questions are answered that a home owner considering on putting their home for sale may have. It's all answered here.

Dec 27, 2014 08:06 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Tammie... this is a great real estate market report and both buyers and sellers will find this information useful. 

Dec 27, 2014 10:30 AM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Tammie. Prospective buyers and folks that may consider selling should contact you. Excellent job with your report, as market you know very well.

Dec 27, 2014 07:48 PM