Polk Place (Franklin, TN)
By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Polk Place Place Homes for sale and July Market Report - Only one home closed in Polk Place during the month of June, but it was due more to the lack of available listings, that seems to have changed recently as we now have 5 homes available for purchase along with 2 already under contract. The one home that closed sold for $591,000 at $179 per square foot. the Polk Place home that closed was only on the market for 4 days. 5 home are currently available for purchase at an average list price of $520,000 and an average size of 3020 square feet two homes are currently under contract at an average listed price of $592,500 Polk Place is located on the south side of Franklin next to the historic Carnton Plantation property. With all brick homes at affordable prices, Polk Place has always been...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Polk Place Home Worth? April 2016 Properties active on the market: 1 Single-family properties closed in April: 4 Average sales price: $454,850 Average list price: $462,175 Sales price to list price ratio: 98.4% Average days on the market: 54 Polk Place absorption rate: .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). Polk Place is experiencing an extreme seller's market. The list price to sales price is excellent and the average days on the market are acceptable given recent changes to lending requirements. With less than 30 days of inventory, now may be a good time to list your Polk Place home.Wondering what your Polk Place home is worth?...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Polk Place Home Worth? January 2016 Properties currently Active on the market: 5 Single-family properties closed in January: 2 Average sales price: $450,200 Average list price: $450,400 Average sales price to list price ratio: 99.9% Average days on the market: 61 Polk Place absorption rate: 2.5 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Polk Place is in a seller's market. The average days on the market are good and the sales price to list price ratio is excellent. Sellers should expect that days on the market will be increased due to new Truth-in-Lending Disclosures and changes made by the Federal government regarding lending procedures. Anything less th...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Polk Place Homes in Franklin TN - October 2015 Prices of Polk place homes have been on a steady rise for that last few years, as have most of the homes in Franklin Tn. The median price of homes in October increased 11% year over year during the month of September. 4 Polk Place homes sold during the month of September compared to 2 in the previous September the average sales price of homes sold during the month was $427,925 compared to $374,000 last year average days on market for homes sold was down to 32 Days the average size of homes sold was 3222 square feet making the average price per square foot at $133 2 Polk Place homes are currently listed in the Nashville MLS as available for purchase 3 homes are under contract at this time Polk Place homes are in a sellers market with the abs...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Polk Place Home Worth? February 2015 Properties currently Active on the market: 6 Single-family properties closed in February: 2 Average sales price: $394,950 Average list price: $394,950 Average sales price to list price ratio: 100% Average days on the market: 79 Active listings under contract: 6 Polk Place absorption rate: 0 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Polk Place is in an extreme seller's market. The average days on the market are good and the sales price to list price ratio is excellent. Additionally, every active listing is already under contract. There isn't one house available to purchase in Polk Place right now. Guess what that mean...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Polk Place Homes In Franklin TN - April 2015 Polk Place homes have lately been selling like girl scout cookies with 4 closings in the month of March and 6 homes currently under contract, leaving only one home available for purchase. The absorption rate on Polk Place homes now based on these numbers is one week. As crazy as it seems, this is now the market for affordable homes in Franklin. Almost every home in Polk Place is priced in the $400,000 to $500,000 range, in the sweet spot of affordability with an average price per square feet of around $130. 4 Polk Place homes sold in the month of March the average price of homes sold was $426,325 6 homes are currently under contract to close 1 Polk Place home is available for purchase I expect the demand for homes in Polk Place to continue as...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Polk Place Home Worth? January 2015 Properties currently Active on the market: 8 Single-family properties closed in January: 2 Average sales price: $408,500 Average list price: $416,000 Average sales price to list price ratio: 98.2% Average days on the market: 77 Active listings under contract: 4 Polk Place absorption rate: 2 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Polk Place is in an extreme seller's market. The average days on the market are good and so is the sales price to list price ratio. With only four homes currently available, it appears this is a good time to sell your Polk Place home. Wondering what your Polk Place home is worth? Just click...
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Franklin, TN Real Estate Professionals