Franklin Green Franklin TN Home Sales for November 2011

Franklin Green Franklin TN Home Sales for November 2011 provided by Tammie White:

• Properties currently active on the market: 10
• Single-family properties closed in November 2011: 3
• Average sales price: $232,500
• Average list price: $244,295
• Sales price to list price ratio: 95.2%
• Average days on the market: 67
• Sales currently pending: 0
• Franklin Green absorption rate: 3.3 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).

With just 3.3 months of inventory, Franklin Green is in a seller's market. Of the 10 active homes on the market, 1 of them are already under contract but have not yet been moved to pending.

The low inventory and low days on the market, make it a great time to list your Franklin Green home.

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.