Franklin TN Home Sales for May 2012

By
Real Estate Broker/Owner with (615) 495-0752 or www.FranklinHomesRealty.com

Franklin TN Home Sales for May 2012 provided by Tammie White Franklin TN REALTOR®:

  • Franklin TN Homes for SaleProperties currently active on the market: 941
  • Single-family properties closed in May 2012: 168
  • Average sales price: $400,750
  • Average list price: $418,164
  • Sales price to list price ratio: 95.17
  • Average days on the market: 79
  • Sales currently pending: 210
  • Franklin TN absorption rate: 5.6 months of inventory (5-6 months of inventory is considered a normal market--four months or less is considered a sellers' market, more than 7 months is considered a buyers' market).

Franklin TN is currently in a normal market. However, the days on the market and the inventory are low. If this continues and the number of sales increase, Franklin TN could quickly be in a sellers' market.

If you are looking to buy a home in Franklin TN, remember to use a Buyer's Agent. This agent will represent your interests during the transaction.

A good Buyer's Agent should always provide you with the most recent Competitive Market Analysis and Absorption Rate to help you determine the fair market value of the home you are buying. I would be happy to help you in this area, just contact me today!!

Posted by
Franklin Homes Realty LLC
Tammie White, Managing Broker/Owner
Franklin Homes Realty LLC
GET REAL. GET LOCAL.
 
 
 
 
 
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 permission of Tammie White is subject to copyright infringement and possible lawsuit.
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Rainmaker
1,233,384
Ginny Gorman
Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate - North Kingstown, RI
Homes for Sale in North Kingstown RI and beyond

Wow Tammie, I love those days on market we are double those days here which kills us...presentation is part of the sale and you do a wonderful job with your market report...have a wonderful Sunday and a successful week!

Jun 10, 2012 03:57 AM #1
Rainmaker
918,220
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tammie, a very thorough and concise market report for Franklin, TN. Very nice!

Jun 10, 2012 06:02 AM #2
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1,472,593
Debbie Reynolds
Berkshire Hathaway HomeServices PenFed Realty, Your Clarksville Real Estate Professional, 931-920-6730 - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

Tammy- Sellers' markets, buyers' markets, my favorite is a balanced market where everyone plays fair.

Jun 10, 2012 11:02 AM #3
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
Realtors, Wellington Florida Homes For Sale

Hi Tammie,Thank you for always sharing your Market Update with us.This is definitely helpful to everyone.Keep up the good work and Stay an expert Franklin TN Short Sale Agent.Best of luck to you! 

Jun 10, 2012 11:44 AM #4
Rainmaker
1,318,387
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
PasadenaCA Real Estate Representation 818.516.4393

Tammie -- nice to see a market report make the featured list -- savvy Franklin TN homeowners should definitely give you a call when they are ready to SELL(not just list)their homes.

Jun 10, 2012 02:38 PM #5
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1,419,664
Tammie White
(615) 495-0752 or www.FranklinHomesRealty.com - Franklin, TN
Franklin Homes Realty, Franklin TN

Ginny - Things are really moving here right now. A lot of pent up buyers finally getting off the fence.

Micheal - Thanks.

Katerina - Thanks for the glowing endorsement.

MIchael - Thanks. I was out all day and hadn't realized it got featured.

Jun 10, 2012 09:25 PM #6
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838,112
Jerry Newman
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Tammy, Excellent Market Reporting for Franklin, TN. I believe buyers want to see homes more than those charts and graphs. Only 79 days on the market is amazing too. Keep up the Good Reporting for your area. It will soon be a Seller's Market.

Jun 10, 2012 09:38 PM #7
Rainer
71,555
Bas Panch
SCV Home Buyer - Valencia, CA

Hi Tammie,

Thanks for sharing this great report. Keep up the good work as a top Franklin TN short sale agent and I wish you more success!

Jun 12, 2012 06:48 PM #8
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Tammie White
(615) 495-0752 or www.FranklinHomesRealty.com - Franklin, TN
Franklin Homes Realty, Franklin TN

Jerry - Many neighborhoods have already made the transition into a sellers' market.

Bas - Thanks for stopping by.

Jun 13, 2012 11:13 AM #9
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Tammie White

Franklin Homes Realty, Franklin TN
Real Estate is Local and so are WE!
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