Franklin, TN Real Estate News

By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Villages of Clovercroft Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 2 Average sales price: $448,250 Average list price: $453,500 Average sales price to list price ratio: 98.8% Average days on the market: 42 Villages of Clovercroft 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) Riverview Park is in an extreme seller's market right now. While the days on the market may seem high, recent changes to lending regulations may take up to 60 days. Anything under 60 days on the market are considered good.Wondering what your Riverview Park home is worth? Just click the photo belo...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Mckays Mill Homes in Franklin TN 37067 - 8 homes sold during the month of March, at an average price of $399,916, With an absorption rate of just 1 month,Mckay Mill homes are in a strong sellers market. As a consequence, homes are selling at 98% of asking price, and the average days on market is just 22 days. Be prepared to compete if you are a buyer, and be prepared to have lots of traffic in you home if you are a seller. 8 McKays Mill homes sold in the month of March compared to just 2 for the same month last year 6 homes are currently available for purchase 6 Mckays Mill homes are currently under contract and will probably close in April the list price to sales price ratio of homes sold in March was 98% average days on market for homes sold was 22 days The absorption rate of Mckays M...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin Tn homes for sale - 188  homes closed during the month of March at an average price of $520,086, an increase of 8.8% in volume and just a slight increase in average price from $517,688 last year. The average price per square foot increased 7% to $168. the absorption rate of Franklin TN homes based on March sales and current inventory is a little over two months the list price to sales price ratio was 99% 209 homes are currently under contract 474 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, many of them are in various stages of construction and may not be finished for several months Search for Franklin TN homes for sale here  \For the most-up-to-date information on Franklin TN real estate values, then we urge you to contact us. We can a...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Falcon Creek is located on the east side of I-65 on South Carothers, just south of Murfreesboro Rd. This Franklin location is just minutes from access to I-65, historic downtown, Cool Springs Galleria Mall, and all of the other shops, restaurants and entertainment of Franklin.Homes in Falcon Creek range in size from approximately 1,200 up to nearly 3,000 square feet. During 2015, the average price of homes sold was $267,000 and the average size was 1718 square feet.Falcon Creek homes are always in high demand and the list price to sales price ratio in 2015 was 99.3%, so expect to pay list price or more if you are a buyer.The community features a pool, tennis courts and a large, open green space. At the time of this article, the neighborhood is zoned for Williamson County Schools; Trinit...
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
Search for Creekstone-Franklin, TN homes for sale MLS search. Creekstone is a Pulte Homes development, consisting of about 125 homes in all. Homes average nearly 2,700 square feet and lots are around .2 acres.Creekstone is zoned for Franklin Special School’s Moore Elementary, as well as Freedom Intermediate and Middle Schools and Centennial High School.There is very low inventory in this community. So, if you would like more information or would like to see a Creekstone home then please don’t hesitate to contact us. *All information deemed accurate as of time of posting, but not guaranteed. Any information may change without notice. Please independently verify any information important to you.
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By The Brewer Team - Benchmark Realty
(Benchmark Realty)
What's the best time of year to sell your home in Franklin?    Based on home sales in 2015, it's easy to see that more contracts were probably written in May, than any other month last year, followed by June and July. Some say it's not that big a difference, and they are the ones who never look at this data. You might get a good price for your home any month of the year, but twice as many homes closed in Franklin TN during the summers months as did during the cold of January and February.Does it help your odds of getting a good price if you list your home in the spring, sure it does. If you want the odds in your favor, it's time to start the process, give me a call, we can put a good plan together.If you want to know what your Franklin home is worth, I have a free tool that will show yo...
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By Terry Stutts, Professional Sales, Personal Care
(Benchmark Realty LLC)
  Franklin Tennessee former landowner Sarah Glass Polk Dallas is a descendent of President James K. Polk. Her husband, Hugh Douglas Dallas was a direct descendent of George M. Dallas, who served as President Polk’s Vice President.  Hugh Douglas Dallas built the existing white home located at the front of the Dallas Downs subdivision in 1936. The building of the Mack Hatcher Parkway split the farm and the decision was made to develop the farm into two separate subdivisions, Dallas Downs and Polk Place. Search for homes in Dallas Downs.    The first residents started moving into the neighborhood in 1990 and the last home was built in 1997 by Tennessee Valley Homes, a custom home builder still in business today. Beautiful well built homes in a well designed community anchored by a centrall...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
A few weeks ago, I was sitting across from a builder's on-site agent. My client was ready to move from her small one-story home into something more spacious. She still wanted a one-level but with adult children and grandchildren, she needed more space.In our area, it's customary for the new construction on-site agents to complete the builder's contract. The contract is emailed to us ahead of time. That gives us an opportunity to review the very stringent builder's stipulations with our clients before they actually sign.Our client and I had met an hour earlier and reviewed the entire contract. She was good with everything and wanted to move forward with signing.As we sat there, the Franklin TN new construction agent wanted to know how the buyer had found us. After all, Franklin Homes Rea...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My McKay's Mill Home Worth? February 2016 Properties currently Active on the market: 9 Single-family properties closed in February: 7 Average sales price: $388,700 Average list price: $398,929 Average sales price to list price ratio: 97.4% Average days on the market: 67 McKay's Mill absorption rate: 1.3 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) McKay's Mill continues to be in an extreme seller's market. With the recent changes to Truth-in-Lending documentation procedures, days on the market of 60 days or more should be expected. However, the average sales price to list price of 97.4% is low in comparison to 99.6% of other Franklin homes priced between $300...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Liberty Hills Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 2 Average sales price: $295,750 Average list price: $294,950 Average sales price to list price ratio: 100.3% Average days on the market: 74 Liberty Hills 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) Liberty Hills is in an extreme seller's market. The average sales price to list price is excellent. While the days on the market may seem high, the recent changes to Truth-in-Lending disclosures are likely the result. Some lenders are requiring a minimum of 60 days to close a home once it's gone under contract. Lib...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin Green Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 3 Average sales price: $308,633 Average list price: $311,567 Average sales price to list price ratio: 99% Average days on the market: 49 Franklin Green 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) Franklin Green is experiencing an extreme seller's market. In February 2015, the average sales price in Franklin Green was $278,000; that's an 11% increase in the average sales price in just one year. And with no existing inventory, this may be a great time to sell your Franklin Green home.Want to know what your Fra...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Founders Pointe Home Worth? February 2016 Properties currently Active on the market: 0 Single-family properties closed in February: 2 Average sales price: $374,950 Average list price: $378,700 Average sales price to list price ratio: 99% Average days on the market: 62 Founders Pointe 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) Founders Pointe is in an extreme seller's market right now. However, the list price to sales price ratio is excellent and the average days on the market are low given the new Truth-in-Lending procedures on residential home sales. This neighborhood needs an infusion of listings. Buyers love the proximity to histori...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Forrest Crossing Home Worth? February 2016 Properties currently Active on the market: 4 Single-family properties closed in February: 4 Average sales price: $305,525 Average list price: $321,189 Average sales price to list price ratio: 95.1% Average days on the market: 39 Forrest Crossing absorption rate: 1 month 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) Forrest Crossing is experiencing an extreme seller's market. However, the average sales price to list price ratio is low when compared to 99.6% of list for other Franklin TN homes priced between $300K to $400K.Are you curious what your Forrest Crossing home is worth? Just click the photo below and you will rece...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Fieldstone Farms Home Worth? February 2016 Properties currently Active on the market: 7 Single-family properties closed in February: 3  Average sales price: $367,000 Average list price: $387,233 Average sales price to list price ratio: 94.8% Average days on the market: 55 Fieldstone Farms absorption rate: 2.3 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) Fieldstone Farms in one of the best selling Franklin TN neighborhoods. They are clearly in a seller's market. Buyers flock to this neighborhood for its affordable homes and amenities.However, the average sales price to list price is low for this neighborhood compared to other Franklin homes priced $300K to ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cool Springs East Home Worth? February 2016 Properties currently Active on the market: 2 Single-family properties closed in February: 2 Average sales price: $433,000 Average list price: $432,400 Average sales price to list price ratio: 100.1% Average days on the market: 60 Active listings under contract: 0 Cool Springs East absorption rate: 1 month 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) Cool Springs East is currently experiencing an extreme seller's market. Based upon the sales price to list price ratio and average days on the market, I'd say these sellers did something right to sell so quickly. Wondering what your Cool Springs East home is worth? Click the...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Cheswicke Farm Home Worth? February 2016 Properties currently Active on the market: 4 Single-family properties closed in February: 2 Average sales price: $398,250 Average list price: $411,950 Average sales price to list price ratio: 96.7% Average days on the market: 79 Cheswicke Farm 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) Cheswicke Farm is in an extreme seller's market. However, the sales price to list price ratio is low when compared to the 99.6% Franklin homes priced between $350K to $450K show.  The average days on the market of 79 are high compared to 40 days for this price range. Homes priced under $400K are in a better positi...
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By Terry Stutts, Professional Sales, Personal Care
(Benchmark Realty LLC)
Great Neighborhood  Fieldstone Farms in Franklin Tennessee is one of the most sought after communities in middle Tennessee. Fieldstone Farms construction started in the early nineties and now twenty plus years later you have a nice mix of updated homes and some homes that could use updating. This "mix" of properties provides opportunities for ownership to consumers in a wide range of incomes. Search for homes in Fieldstone Farms Franklin Tennessee. The Stats Price Range 250-800k Average Price 372k Average Days on Market 40 Average year built 1995 Average list price to sales price percentage is 98.6% (Sellers' Market)  Great Schools  Many parents will walk their kids to Hunters Bend , the elementary school in Fieldstone Farms Franklin Tennessee. Location is just a bonus because students ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Franklin Tn real estate for sale - 120 Franklin Tn homes closed during the month of February at an average price of $438,031. As is typical in the cold short days of winter, we have few closings compared to the warmth of spring and summer, an indication of what's to come is the 313 homes pending sale. the average list price of homes sold in February was $438,031 The average size of homes sold was 2757 square feet the average price per square foot of homes sold was 159 313 Franklin TN homes are pending at this time 705 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, but most are already under contract the absorption rate based on February sales is 6 months   Search for Franklin TN real estate for sale here  For the most-up-to-date information on Fra...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Franklin TN Home Worth? January 2016 Properties currently Active on the market: 442 Single-family properties closed in January: 97 Average sales price: $523,343 Average list price: $525,334 Average sales price to list price ratio: 99.6% Average days on the market: 52 Franklin TN absorption rate: 4.6 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) Franklin continues to be in a seller's market. Given we're in the slowest part of the year, the average days on the market are very good. The sales price to list price ratio is excellent. This bodes well as we inch into the Spring selling season. Are you shocked by the average price of a home in Franklin? This number...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Westhaven Home Worth? January 2016 Properties currently Active on the market: 55 Single-family properties closed in January: 13 Average sales price: $630,970 Average list price: $632,977 Average sales price to list price ratio: 99.7% Average days on the market: 49 Westhaven absorption rate: 4.2 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) Westhaven homeowners see new construction sales going strong in their neighborhood but they often wonder how sales are going for existing homes. Given that 46% of the closed sales in January were attributable to new construction, it's no surprise that the sales price to list price ratio is so high. The days on the market ...
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