Franklin TN Home Sales for May 2012

By
Real Estate Agent with Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net TN License #315195

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
************************************************************************************ 
 
Tammie White, REALTOR®
TW Realty Group
Benchmark Realty LLC
318 Seaboard Lane
Franklin TN 37067
(615) 495-0752 Direct
Email: Tammie@TWRealtyGroup.net
 
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Benchmark 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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Topic:
Real Estate General Information
Location:
Tennessee Williamson County Franklin Franklin
Groups:
Local Real Estate Market Reports
Market Reports
City & State: Listings and Market Reports
HyperLocal Neighborhood and Community Posts
Tags:
franklin tn market reports
franklin tn home sales

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Rainmaker
1,052,379
Ginny Gorman
Homes for Sale in North Kingstown RI and beyond
Phillips Post Road Realty ~ 401-529-7849~ RI Waterfront Real Estate

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!

June 10, 2012 03:57 AM
Rainmaker
891,596
Michael Setunsky
Your Commercial Real Estate Link to Northern VA
Michael's Commercial LLC

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

June 10, 2012 06:02 AM
Ambassador
982,040
Debbie Reynolds
Your Dedicated Clarksville TN Real Estate Agent
Prudential PenFed Realty, "The Real Debbie Reynolds" Your Clarksville Real Estate Professional, 931-920-6730

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

June 10, 2012 11:02 AM
Ambassador
1,850,477
Nestor & Katerina Gasset
Realtors, Wellington Florida Homes For Sale
International Properties and Investments LLC

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! 

June 10, 2012 11:44 AM
Rainmaker
969,992
Michael Jacobs
Pasadena Real Estate Representation 818.516.4393
Coldwell Banker Residential Brokerage

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.

June 10, 2012 02:38 PM
Ambassador
1,160,009
Tammie White
TW Realty Group, Franklin TN, South of Nashville
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net

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.

June 10, 2012 09:25 PM
Ambassador
736,324
Jerry Newman
Texas REALTOR, San Antonio Military Relocation
Green Home Realty, 210-789-4216,www.Selling-SanAntonioHomes.com

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.

June 10, 2012 09:38 PM
Rainer
71,505
Bas Panch
SCV Home Buyer

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!

June 12, 2012 06:48 PM
Ambassador
1,160,009
Tammie White
TW Realty Group, Franklin TN, South of Nashville
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net

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

Bas - Thanks for stopping by.

June 13, 2012 11:13 AM
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Tammie White

TW Realty Group, Franklin TN, South of Nashville
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