About Franklin's Polk Place

Polk Place Homes For Sale Franklin TN

Polk Place in Franklin TN is a great neighborhood located just south of Historic Franklin. Below is a current MLS list of homes for sale in Polk Place. If you have any questions about a particular listing or would like to see one of these fantastic homes then please contact us.

Polk Place Homes For Sale Franklin TN

Polk Place Subdivision in Franklin TN Real Estate Update January 2012

Polk Place Subdivision over the past 6 months is average over 2 homes sold per month. The rate is great and it means that there is only 2 months of inventory available in this subdivision. The Grumbles Team tracks these kind of numbers for many of the subdivisions in Franklin and surrounding arreas and this is a great result for our local market. Franklin as a whole is at 5 months of inventory. If we can sustain a low inventory rate then home prices may begin to climb again. The chart below shows that steady and slow gain that everyone wnats to see.

The table above shows that there are only 5 active homes for sale in Polk Place as of the typing of this blog. The homes range in size form 2900 to over 4000 square feet. Polk Place features brick construction and the prices ov home on the market ranges from $339,000 to $445,000, while homes in Polk Place can be purchased for under $300,ooo as evidenced by the $293,000 sale that occured in the past 6 months. The average sale price however is $355,000 in Polk Place.

Please contact The Grumbles Team first when you are thinking to buy or sell a home in Polk Place Subdivision.

Learn more about Polk Place from our earlier blog.

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Franklin TN Community Homes for Sale

The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.

Your Williamson County REALTOR!

EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555

Williamson County Real Estate Agent

Each EXIT Office Independently Owned and Operated

WithEXIT:http://www.withexit.com/apps/blog/show/11818403-polk-place-subdivision-in-franklin-tn-real-estate-update-january-2012

Exit Mid-Atlantic:http://www.exitmid-atlantic.com/apps/blog/show/11818455-polk-place-subdivision-in-franklin-tn-real-estate-update-january-2012

HubRec:http://www.hubrec.com/apps/blog/show/11818529-polk-place-subdivision-in-franklin-tn-real-estate-update-january-2012

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Polk Place Franklin TN Home Sales for November 2011 provided by Tammie White Franklin TN REALTOR®:

• Properties currently active on the market: 5
• Single-family properties closed in November 2011: 2
• Average sales price: $406,250
• Average list price: $426,500
• Sales price to list price ratio: 95.3%
• Average days on the market: 17
• Sales currently pending: 0
• Polk Place absorption rate: 2.5 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).

Polk Place is currently in an extreme seller's market. With sale price to list price ratio so high and days on market so low, it appears that sellers are pricing their homes right to get them sold. This may be a great time to sell your Polk Place 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.

Polk Place is a great Franklin Neighborhood that is tucked away quietly in the Southern quadrant of Franklin, TN near commuter lanes and such as Mack Hatcher Parkway and Hwy 431. The neighborhood is well sheltered from the traffic with large mature trees and the iconic pond at the entrance to the neighborhood.

Franklin | Brentwood | Spring Hill | Mike Grumbles & The Grumbles Team specializing in Golf Community Homes for Sale The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843. Your Williamson County REALTOR! EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555 Williamson County Real Estate Agent Each EXIT Office Independently Owned and Operated

Polk Place Franklin TN Home Sales for October 2011 provided by Tammie White Franklin TN REALTOR®:

• Properties currently active on the market: 5
• Single-family properties closed in October 2011: 2
• Average sales price: $365,000
• Average list price: $379,700
• Sales price to list price ratio: 96.1%
• Average days on the market: 79
• Sales currently pending: 1
• Polk Place absorption rate: 2.5 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).

Polk Place is currently in an extreme seller's market. With sale price to list price ratio so high and days on market so low, it appears that sellers are pricing their homes right to get them sold. This may be a great time to sell your Polk Place 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.