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About Franklin's Cannonwood

Cannonwood Franklin TN Home Sales for February 2012

Tammie White Realtor® Franklin TN Homes For Sale: Real Estate Agent in Franklin, TN

Cannonwood Franklin TN Home Sales for February 2012 provided by Tammie White:

  • Properties currently active on the market: 1 Cannonwood Franklin TN Homes for Sale
  • Single-family properties closed in February 2012: 2
  • Average sales price: $264,000
  • Average list price: $276,200
  • Sales price to list price ratio: 95.6%
  • Average days on the market: 102
  • Sales currently pending: 1
  • Cannonwood absorption rate: .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).

Cannonwood is in an extreme sellers' market. With just one property currently available, now would be a great time to put your Cannonwood home on the market.

Don't wait until April 1 to get your home on the market when everyone else does. Take advantage of the low inventory and get your home on the market before the Spring push. Who knows? It just might sell before April ever arrives.

For assistance selling your Cannonwood home, contact Tammie White today at (615) 495-0752.

Cannonwood the Neighborhood Convenient to... Everything

Mike Nastri Franklin TN Homes: Real Estate Agent in Franklin, TN

Cannonwood the Neighborhood Convenient to...Everything

There are 119 homes in the Franklin, TN, Cannonwood neighborhood. The homes are mostly brick and 2000Cannonwood, Franklin, TN to 3200 square feet in size with side entry garages. In the past 3 years 12 homes have sold and currently there are 3 available on the MLS. If 2011 finishes out as 2010 did, these three will likely be under contract and closed.

The appeal of this neighborhood is larger than average lots with side or rear facing garages and close proximity to the Interstate-65 exit on Rt. 96 in Franklin, TN. With the widening of the I-65 south of there you are also within minutes of the Rt.840 bypass around Nashville's south corridor. Also located within 5 to 10 minutes is The Mall at The Galleria, and the shops and restaurants at The Factory, and Downtown Franklin, TN.

More importantly these homes have held good value and the Cannonwood neighborhood is known for better than average sales time on the market. The average days on the market for those that closed the past 3 years is 70 days. This means that they were likely under contract within 2 months of their list date.

They are self managed, meaning there NO HOA fees. Williamson County and Franklin parks and recreational facilities are just minutes away, and Franklin, TN is always hopping with special festivals and events. Check the Market Insider (enter 37067 zip) link below to learn more about the Cannonwood, Franklin, TN neighborhood.

Why Are Homes Selling in Franklin TN's Cannonwood Neighborhood

Mike Nastri Franklin TN Homes: Real Estate Agent in Franklin, TN

Of the 9 homes listed in Franklin TN's Cannonwood in 2010 6 have closed and 2 of the remaining 3 are under contract. WhatFranklin TN Cannonwood Neighborhood Stats makes this neighborhood so appealing?

  1. Convenient
    1. Minutes from Interstate Access
    2. Minutes from Malls (Galleria)
    3. Close to Restaurants
    4. Shops Nearby
    5. Near Historic Downtown Franklin TN
  2. Above Average Sized Yards
  3. $0.00 HOA Fees
  4. All Brick Homes from Street View
  5. Hidden Side Entry Garages
  6. Great Interior Design and Exterior Lines
  7. Neighbors that love the neighborhood


Average Sales Price is $287,983, Average Days on market to Close 54. In the past few months my listings alone were under contract from 18 days to 100 days. Don't tell the people in Cannonwood it is a bad real estate market.

Franklin Tn - Cannonwood Stats

Everybody in the Pool in this Franklin, TN 3 Bedroom Home

Mike Nastri Franklin TN Homes: Real Estate Agent in Franklin, TN

Cannonwood 3 Bedroom with Pool
Check out the Slide Show
 





Homes for Sale in Cannonwood - Franklin TN

 
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Nashville Real Estate Search
Rranklin TN Homes for SaleBrentwood TN Homes for Sale

 

Cannonwood in Franklin TN - Market and Homes for Sale

Mike Nastri Franklin TN Homes: Real Estate Agent in Franklin, TN

Cannonwood one of Franklin TN's most Convenient Locations
 Franklin TN Homes
 

Market through May 2010

Located just east of the I-65 Franklin Exit of Rte 96 Murfreesboro Rd. Cannonwood is a great small community.  The home sizes range between 2100 and 3100 square feet. and priced from the $280,000s to the $350,000's.  Aside from wide sidewalks and no front entry garages (all side or rear) Cannonwood does not have typical amenities as you would find in most subdivisions i.e. pools and tennis courts.   So there is no HOA or monthly fees to live here.  

As of this post, 3 units for sale in Cannonwood,  2 are under contract or are listed as pending.  Additionally 3 have closed through first 5 months of 2010 (as of this post 5/24/10).  Homes are all to 3/4 brick and  side entry garages to give these homes large lots and a beautiful street view.  The lack of an HOA hasn't kept these home owners from taking pride in their neighborhood.  This is very evident by the success of those going for sale.



MLS Data for Cannonwood posted 5/24/2010

  Active  3 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 2,180 3 2 0 $278,500 $0 11
AVG 2,646 3.67 2.33 0.67 $319,433 $0 39
MEDIAN 2,870 4 2 1 $329,900 $0 39
MAX 2,889 4 3 1 $349,900 $0 67
  Closed  3 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 2,420 3 2 1 $279,999 $275,000 36
AVG 2,530 3.67 2 1 $288,299 $280,966 70
MEDIAN 2,449 4 2 1 $285,000 $280,000 73
MAX 2,723 4 2 1 $299,900 $287,900 101
  Pending  2 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 2,843 4 2 1 $290,000 $0 35
AVG 2,939 4.5 2.5 1.5 $307,500 $0 35
MEDIAN 2,940 5 3 2 $307,500 $0 35
MAX 3,036 5 3 2 $325,000 $0 35
 


Homes for Sale in Cannonwood - Franklin TN

 


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Nashville Real Estate Search
Rranklin TN Homes for SaleBrentwood TN Homes for Sale