About Franklin's Laurelbrooke

Laurelbrooke Franklin TN Home Sales for January 2012 provided by Tammie White Franklin TN REALTOR®:

• Properties currently active on the market: 15
• Single-family properties closed in January 2012: 2
• Average sales price: $2,353,750
• Average list price: $2,722,500
• Sales price to list price ratio: 86.5%
• Average days on the market: 61
• Sales currently pending: 0
• Laurelbrooke absorption rate: 7.5 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).

Laurelbrooke is in a buyers' market. This is not a surprise given that sales have been sluggish at this price point.

While the average days on the market seems low this month, the sales price to list price ratio suggests that the homes may be over-priced. Sellers may have to adjust their price to encourage more Laurelbrooke home sales.

If you are looking to buy or sell your Laurelbrooke home, contact Tammie White today at (615) 495-0752.

Laurelbrooke Franklin TN Home Sales for December 2011 provided by Tammie White Franklin TN REALTOR®:

• Properties currently active on the market: 14
• Single-family properties closed in December 2011: 2
• Average sales price: $1,666,044
• Average list price: $1,787,499
• Sales price to list price ratio: 93.2%
• Average days on the market: 17
• Sales currently pending: 0
• Laurelbrooke absorption rate: 7 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).

Laurelbrooke is in a normal market. This is a surprise given the fact that sales have been sluggish at this price point the last several months.

What is even more surprising is that Laurelbrooke had a total of 21 homes sold during 2011. That may not seem like a record number of homes but with a average listing price of $1,475,723 and average days on the market of 118, that is not a terrible number of sales. However, 21 Laurelbrooke home sales are only 1.4% of the total Franklin TN homes sold during 2011.

If you are looking to buy or sell your Laurelbrooke home, contact Tammie White today at (615) 495-0752.

LaurelBrooke Homes in Franklin TN have tried to maintain the natural beauty of the green, rolling hills that Middle Tennessee is known for. LaurelBrooke is a private, gated community located in the northwestern quadrant of Franklin TN. This community offers all the amenities that you would expect of a community this size, including a pool, clubhouse and fitness facilities. Home lots range in size from half-acre to 8 acres.

LaurelBrooke home sales in Franklin TN for July 2010 is as follows:

• 29 active listings with an average list price of $1,810,596, average days on market 135
• 1 pending sale with an average list price of $819,000, average days on market 138
• 4 closed sales in July with an average list price of $1,470,750, average sales price of $1,310,000, average days on market 118

For a complete list of the LaurelBrooke homes for sale in Franklin TN, please call Tammie White at (615) 495-0752 or visit www.TammieWhite.com.

LaurelBrooke Home Sales for 2010 through the end of July are as follows -

• 11 Laurelbrooke homes have sold
• The average price of homes sold in LaurelBrooke is$1,229,545
• The average asking price of homes sold in LaurelBrooke was $1,387,718
• The average days on market for homes sold in Laurelbrooke was 123
• 29 Laurelbrooke homes are currently listed in the MLS as available for purchase

Laurelbrooke is a gated luxury commmunity developed by southern Land company in North Franklin. With easy access to Green Hills, Brentwood, Cool Springs, and Franklin, Laurelbrooke is a popular community for those who want gated security and a great location.

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Franklin Homes sold in April are as follows

• 128 Franklin homes sold this week
• 183 Franklin homes are pending
• 1084 homes are currently available for sale in Franklin
• The average price of homes sold in Franklin is $373,880
• The average size of homes sold in Franklin this week was 2881 square ft
• The average days on market for Franklin homes was 90

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This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Williamson County, and the middle Tennessee area