Morningside is one of the few 55+ Senior Living communities in Franklin TN. This development of approximately 300 cottage type townhomes is located just off of Mallory Station Road in the heart of Franklin. With 17 sales closed in 2014, it ranked 4th in Franklin for the number of condo/townhomes sold. Here are the stats for 2014:
- Number of units closed 2014: 17
- Currently under contract: 2
- Currently available: 0
- Average sold price: $319,911
- Average list price: $321,788
- Average sale price per sq. ft.: $162.23
- Sales Price to List Price Ratio: 99.4%
- Average Days on Market: 24
As you can see from the very low Days on Market (DOM) and the sales price to list price ratio, homes here sell fast at a great price.
Morningside is currently in seller's market. There are no homes available on the market at this time. Almost as quickly as units come on the market, they go under contract. This is a great time to sell your Morningside townhome! When you're interested in selling, you may be curious what your Morningside home is worth. Just click on the photograph below and you will receive your home valuation instantly.
Morningside is within minutes of historic downtown Franklin where you will find shopping, eateries and entertainment venues, including the Franklin Theatre which offers movies, live theatrical performances and musical groups. Also nearby is the Cool Springs retail area which includes the Cool Springs Galleria, and many restaurants. All features which are in high demand with senior buyers.
A recent National Association of REALTORS® poll revealed that 92% of buyers begin their home search on the internet. As a seller, you want your Morningside home to have maximum exposure online. That not only includes syndication to the national portal sites, but coverage on social media sites and blogging venues. These may be sites that you're not familiar with but are used by many senior buyers across the country who are looking to relocate to Franklin TN.
Low property taxes and no state income tax are attractive features that draw senior citizens to Tennessee. It's important that your home is marketed nationally as well as locally to garner the attention of these buyers. We do that through a combination of blogging about the Franklin housing market, market reports geared towards buyers and single-property websites. This is all part of a very comprehensive marketing plan to get your home sold in the least amount of time for the most amount of money.
For further details about selling your Villages of Morningside home, contact Tom White at (615) 870-8169.