Dallas Downs Franklin TN Home Sales for November 2011

Dallas Downs Franklin TN Home Sales for November 2011 provided by Tammie White Franklin TN REALTOR®:

• Properties currently active on the market: 7
• Single-family properties closed in November 2011: 2
• Average sales price: $249,525
• Average list price: $257,000
• Sales price to list price ratio: 97.1%
• Average days on the market: 37
• Sales currently pending: 0
• Dallas Downs absorption rate: 3.5 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market).

Dallas Downs is currently in a sellers' market. Of the 7 active listings, 1 is already under contract that has not been moved into pending yet.

The interest rates are so low and Franklin TN first-time home buyers are looking in neighborhoods like this to buy their first home, now may be a great time to sell your Dallas Downs home. The reduced average days on the market certainly makes it enticing to Dallas Downs' home sellers.

If you are interested in buying a Dallas Downs home, contact Tammie White at (615) 495-0752 today.