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Franklin Homes Sales Increase 20% in February

03-12-12
Larry Brewer
Larry   Brewer: Real Estate Agent in Nashville, TN

Franklin HomesFranklin homes are still selling at a brisk pace with 100 closings in the short month of February, The average price was $372,609 and the days on market down to 90. Another telling sign that the Franklin real estate market is doing well is the number of pending sales 153, telling me that closings for March should still continue higher.

Franklin homeshave been increasing in price and volume for a year now, and it's showing up in the reduced inventory levels, making it more difficult for buyers to find good choices.

  • 100 Franklin homes sold in the month of February 2012 compared to 83 last year, and increase of 20%
  • the average sales price of Franklin homes was $372,609 compared to $379,825 last year a decrease of 2%
  • 153 Franklin homes are pending sale at a average listed price of $447,189
  • the size of homes sold averaged 2786 square feet compared to 3011 last year
  • the list price to sales price ratio of Franklin homes in February was 97%
  • the absorbtion rate of Franklin homes based on February sales is 7.8 months, very low for this time of year

Historic Franklin Tennessee is located in the center of Williamson county approximately 20 miles south of Nashville and is know for great schools, low crime, low taxes, beautiful historic homes and great shopping and dining.

Search for Franklin homes here or call your Franklin real estate resource Larry Brewer 615-512-7853 Franklin homes for sale

Franklin Homes Market Report for February 2012

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For the most-up-to-date information on Franklin current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin MLS listings come on the market or price reductions in Franklin are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Franklin or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

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.

A Tree Streets Gem!

Cindy Edwards CRS GRI PMN  Northeast Tennessee 423-677-6677: Real Estate Agent in Johnson City, TN

812 West Maple Street Johnson City TN

812 West Maple Street Johnson City Tennessee, Absolute gem in the tree streets. You won't believe the wonderful space, natural light, high ceilings, chef's kitchen, walk-in closets in all upstairs bedrooms. Whirlpool tub in upstairs bedroom - could easily have 2 masters! Great bones - lots of care and love into this home. Large covered front porch. Perfect family home - Character at every turn. Tree-lined street, friendly neighborhood. It's simply delightful! 812 West Maple Street Johnson City Tennessee

Contact us today!!

621 East Pine Street Johnson City Tennessee

Cindy Edwards CRS GRI PMN  Northeast Tennessee 423-677-6677: Real Estate Agent in Johnson City, TN

621 East Pine Street Johnson City TNJohnson City Tennessee has a great new investment on the market. 621 East Pine Street Johnson City Tennessee a two bedroom, 1 bath home with a large dining kitchen combo and open floor plan which ties in the living room. Only $54,500.00 will place this home at 621 East Pine Street Johnson City Tennessee in your portfolio. Contact us today!

309 Applecross Drive Franklin TN - Just Listed!!

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

309 Applecross Drive Franklin TN - Just Listed!!

309 Applecross Drive Franklin TN309 Applecross Drive Franklin TN is a two-story, 3,305 square foot home with 4 bedrooms (possible 5th bedroom) and 2.5 baths.

The large eat-in kitchen has hardwood floors, maple cabinets and Corian counter tops and is open to the family room with a wood burning fireplace with gas starter.

The first floor also consists of a formal dining room, an office/living room with french doors accessing the family room, half bath and laundry room.

All the bedrooms are located on the second floor making it ideal for those wanting to be close to young childrens' rooms. The master suite has an additional sitting room with a gas log fireplace. This space could be used as a sitting room, library or as a fifth bedroom for an infant.

The large bonus room has a vaulted ceiling with a rear entry staircase. There is additional walk-in storage located off the bonus room.

The 3-car side entry garage provides ample storage. The lot measures 89x144 feet--one of the larger lots in Sullivan Farms and has a fenced backyard..

Sullivan Farms Franklin TN Swimming PoolSullivan Farms has a community swimming pool, park and lots of green space for active adults and children. This convenient location is just minutes from historic downtown Franklin and Interstate 65.

309 Applecross Drive Franklin TN is priced at $379,900.

For a private showing, contact Tammie White today at (615) 495-0752.