Fieldstone Farms Franklin TN Home Sales for January 2012

Fieldstone Farms Franklin TN Home Sales for January 2012 provided by Tammie White:

• Properties currently active on the market: 23
• Single-family properties closed in January 2012: 4
• Average sales price: $227,250
• Average list price: $238,850
• Sales price to list price ratio: 95.1%
• Average days on the market: 78
• Sales currently pending: 4
• Fieldstone Farms absorption rate: 5.8 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a sellers' market, above 7 months is considered a buyers' market).

Fieldstone Farms has moved into a normal market after being in a sellers' market for seven months in a row. The average days on the market has been less than 90 days and the sales price to list price ratio has remained at 95.1% or above.

With less than 6 months of inventory, low days on the market and high sales price to list price ratio, now may be a great time to sell your Fieldstone Farms home.

Why wait until the Spring to sell your home? There are always buyers looking for homes. Putting your home on the market when the inventory is low, may get your home sold before the inventory increases in the Spring. Especially, if you own a home valued under $350,000.

Of the Fieldstone Farms closed home sales for January, 100 percent were priced under $300,000. Fieldstone Farms is one of the few neighborhoods with homes ideally priced for first-time home buyers. With interest rates the lowest they have been in 50 years, Franklin first-time home buyers are out in record numbers. Take advantage of the increased interest and the low inventory and get your home on the market before the Spring.

Check-out the recent Fieldstone Farms market reports below:

Fieldstone Farms Franklin TN Home Sales for December 2011

Fieldstone Farms Franklin TN Home Sales for November 2011

Fieldstone Farms Franklin TN Home Sales for October 2011

Fieldstone Farms Franklin TN Home Sales for September 2011

Fieldstone Farms Franklin TN Home Sales for August 2011

Fieldstone Farms Franklin TN Home Sales for July 2011

Fieldstone Farms Franklin TN Home Sales for June 2011

If you are interested in a Franklin TN home for sale or wish to sell your Franklin TN home, contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.