What's My Morningside Home Worth? 2014 Home Sales

Real Estate Agent with Franklin Homes Realty LLC (615) 495-0752 or www.FranklinHomesRealty.com TN License #326261

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:

What's my Morningside home worth? 2014 Home sales

  • 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.

What's My Morningside Home Worth? 2014 Home SalesMorningside 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.

Posted by

TW Realty Group
Tom White, REALTOR®
Franklin Homes Realty LLC
(615) 870-8169


This posting with the content written here and photographs displayed are the intellectual property and opinions of Tom White of Franklin Homes Realty LLC. Any party who uses this material without the written permission of Tom White is subject to copyright infringement and possible lawsuit.

Comments (9)

Dick Greenberg
New Paradigm Partners LLC - Fort Collins, CO
Northern Colorado Residential Real Estate

Hi Tom - Nice market report for Morningside. Like Franklin, our area has only a few 55+ communities, and they also sell very quickly - these homes are always in high demand.

Feb 10, 2015 05:19 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Hi Tom..... those in Morningside who are thinking of selling would be wise to call Tom White for a Free Market Analyisis.... Tom will provide the best representation....

Feb 10, 2015 09:05 AM
Tammie White, Broker
Franklin Homes Realty LLC - Franklin, TN
Franklin TN Homes for Sale

Seniors contact us all the time looking for 55+ homes, hopefully a seller will see this post and take action.

Feb 10, 2015 09:46 AM
Kathy Streib
Cypress, TX
Home Stager/Redesign

Tom- what an excellent market report for Morningside in Franklin, TN.  Living in South Florida, we have many 55+ communities.  

Feb 10, 2015 12:40 PM
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Tom. Lots of demand in this community, a few new listings would lots of attention. Nice job with your report.

Feb 10, 2015 06:59 PM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

Hi Tom,  Its sad to say that I now qualify to live in this community.  55 is in my rear view.  Looks like a very popular neighborhood with no inventory.  Maybe it will loosen up in the next month.

Feb 11, 2015 01:24 AM
Robert Vegas Bob Swetz
Las Vegas, NV

Hello Tom ... Looking good in your neighborhood and surrounding communities ;o)

Feb 12, 2015 10:21 AM
Ron Marshall
Marshall Enterprises - Saint Michael, MN
Birdhouse Builder Extraordinaire

Anyone looking for great market information on Morningside should defininitely check out Tom White.  Great information here, Tom, for those who are wanting to buy and sell in Morningside!

Feb 13, 2015 04:45 AM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Tom, you do such a fine job here helping people with their thoughts about Morningside. If any resident of this community is thinking that they may want to sell their home soon, there is no question Tom White can help you get the best possible value for your property. 

Feb 14, 2015 05:11 AM