Our latest blogs Dec 20th 2011 Focused on the latest statistics in FranklinReal Estate BlogsUpdated on Dec 21, 2011 View more like this | Visit FRANKLIN, TN | Contact Exit Realty Music City |
Our five latest blogs about Franklin TN focused on the current market listings, current pending sales, closed sales for the past six months in addition to the current months of listing inventory and absorption rates of homes for sale. The community of Fieldstone Farms was also anylized for the same market information. Franklin Tennessee is located 20 miles south of Nashville and is the county seat of Williamson County.
Franklin TN Real Estate Activity - Fieldstone Farms - December 19th, 2011 MySearchForHomes Team
Looking to live in a great neighborhood to call home in Franklin TN. How about a community that offers a sprawling 850 acres surrounded by a white fence, walking trails and 4 parks. There is easy access to KinderCare and Hunter's Bend Elementary School. Residents can even walk to Publix, Walgreen's, Fifth Third Bank and two restaurants located inside the community. Consider living in Fieldstone Farms where you can stay connected with current activities in the neighborhood via their online calendar of events including "yard of the month", "Easter egg hunt", "soldier ride" as well as many other events. The community Fitness center offers Yoga, Zumba, Power Sculpt & Water Aerobics.
Lets take a look at the last six months of Real Estate Activity and Statistics for Fieldstone Farms going back to June 17th, 2011 through December 17th, 2011.
Fieldstone Farms has a total of 24 Residential properties listed for sale as of December 17th, 2011.
Coutesy of Realtracs:
| Active 24 Properties Found Franklin TN Homes For Sale | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,342 | 0 | 0 | 0 | $166,500 | $0 | 13 |
| AVG | 2,728 | 3.5 | 2.5 | 0.83 | $330,745 | $0 | 100 |
| MEDIAN | 2,461 | 3 | 2 | 1 | $274,900 | $0 | 72 |
| MAX | 4,999 | 6 | 4 | 2 | $600,000 | $0 | 419 |
We can now break these numbers down to three averages: The chart shows that Fieldstone Farms currently listed homes for sale are listed for an average price of $330,745, with an average list price per square foot of $121.24. The average day's on market are currently at 100. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.
Fieldstone Farms currently has a total of 3 Residential properties listed as a Pending Sale as of December 17th, 2011. Pending sales are properties that have an agreement between the buyer and the seller and are scheduled to close on an mutually agreed date.
Courtesy of Realtracs:
| Pending 3 Properties Found Franklin TN Real Estate Fieldstone Farms Homes For Sale | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,310 | 3 | 2 | 0 | $214,500 | $0 | 25 |
| AVG | 2,266 | 3.33 | 2 | 0.67 | $306,133 | $0 | 57 |
| MEDIAN | 2,326 | 3 | 2 | 1 | $304,000 | $0 | 27 |
| MAX | 3,163 | 4 | 2 | 1 | $399,900 | $0 | 121 |
We can now break these numbers down to three averages: The chart shows that Fieldstone Farms homes currently listed as pending home sales are listed for an average price of $306,133, with an average list price per square foot of $135.10. The average day's on market are currently at 57.
Fieldstone Farms had a total of 761 Residential properties that sold and closed from the time period of June 17th, 2011 through December 17th 2011. Closed sales are properties that have sold and that the transaction between the buyer and the seller is complete.
Courtesy of Realtracs:
| Closed 67 Properties Found Franklin TN Sold Listings Fieldstone Farms Sold Homes | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,152 | 1 | 0 | 0 | $184,900 | $178,000 | 0 |
| AVG | 2,548 | 3.48 | 2.27 | 0.75 | $306,561 | $296,978 | 71 |
| MEDIAN | 2,328 | 3 | 2 | 1 | $274,900 | $267,000 | 62 |
| MAX | 5,787 | 6 | 4 | 3 | $625,000 | $603,824 | 297 |
We can now break these numbers down to four averages and a list price to sales price ratio: The chart shows that Fieldstone Farms sold properties from June 17th, 2011 through December 17th, 2011 were listed for an average price of $306,561, with an average list price per square foot of $120.31. The average day's on market for these sold properties were 71. The average price that properties actually sold for were $296,978, with this information we can see that the properties sold for 96.9% of the asking price. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.
I can now determine how many months of inventory are currently on the market based on the number of properties currently listed for sale and dividing that number by the the absorption rate for the time period of June 17th, 2011 thru December 17th, 2011.. The above charts show that there are 24 listed properties in Fieldston Farms and the absorption rate is 11.17 residential properties a month. This means that as of December 17th 2011, Fieldstone Farms has just over two months of inventory.
For our neighbors that are thinking of selling your home, now is the time to prepare: The spring selling season is just around the corner and these buyers are contacting us now in their preliminary search for a home, and if you want to get the best possible price for your home, we need to help you get your home properly prepared so that the first impression that the buyers have of your home is one they remember for the right reason. Give us a call for a free consultation. We are here to help!
One Click For A Free No Obligation Consultation
The City of Franklin is the County Seat Williamson County and is just a short drive from downtown Nashville and has a very diverse economy and offers residents wonderful choice of social, dinning and family activities. Just to the south of Nashville and Brentwood, many people find Franklin to be a great place to call home. Many types of opportunities for work can be found in and around Franklin and the area enjoys a diverse economic base. Franklin continues to grow and offers great opportunities for residents and businesses currently in the area and those moving to the area.
Read More Informational Blogs About Franklin TN Happenings & Real Estate
Interest rates are at historic lows, and now is the time to buy. If you are selling your home give us a call and let us show you how to come out on top in this market. Waiting for the market to change will cost your buyers more to borrow money and price some of them out of your market, as well as cost you more when you buy your next home.
Williamson County & Surrounding Nashville Area Real Estate that WE WILL SELL!!!
Exit Realty Music City is the ELITE of upcoming Real Estate firms in Middle Tennessee with a Team of talented agents specializing in all aspects of Real Estate from Land/Lots to Estate homes. The MySearchForHomes.com Team can help Selling your home or help with finding you the right home in Williamson County and the surrounding Nashville area. Agents of Darren DeMartino, Steve Manley, Jim Pewitt and Cindy Beam will make sure you get the BEST Price if selling and the BEST Deal if buying. Please don't hesitate to call one of our talented agents on our Team. We won't let you down.(615) 307-0858
Franklin TN Real Estate Activity - Absorption Rates & Months Of Inventory Report - December 15th, 2011 MySearchForHomes Team
Franklin TN has a total of 760 Residential properties listed for sale as of December 15th, 2011. There were 761 homes that sold and closed in the time period of June 15th, 2011 through December 15th 2011. Closed sales are properties that have sold and that the transaction between the buyer and the seller is complete.
Courtesy Of RealTracs:
| Active 760 Properties Found Franklin Tn Real Estate Franklin TN Homes For Sale | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 780 | 0 | 0 | 0 | $65,000 | $0 | 0 |
| AVG | 3,612 | 3.73 | 2.88 | 0.81 | $688,794 | $0 | 112 |
| MEDIAN | 3,310 | 4 | 3 | 1 | $439,250 | $0 | 91 |
| MAX | 20,430 | 8 | 9 | 6 | $27,500,000 | $0 | 1,007 |
Courtesy Of RealTracs:
| Closed 761 Properties Found Franklin TN Real Esate Franklin TN Homes Sold | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 288 | 0 | 0 | 0 | $30,000 | $28,000 | 0 |
| AVG | 3,098 | 3.66 | 2.66 | 0.78 | $418,118 | $400,651 | 91 |
| MEDIAN | 2,933 | 4 | 2 | 1 | $364,900 | $355,000 | 75 |
| MAX | 15,506 | 8 | 12 | 4 | $3,895,000 | $3,227,700 | 562 |
I can now determine how many months of inventory are currently on the market based on the number of properties currently listed for sale and dividing that number by the the absorption rate for the time period of June15th, 2011 thru December 15th, 2011. The above chart shows that there are 760 listed properties in Franklin and the absorption rate is 127 residential properties a month. This means that as of December 15th 2011, Franklin has six months of inventory.
I am including here a quick comparison of the last 30 days of sales so that we can see how this compares with the past six months.
Courtesy Of RealTracs:
| Closed 116 Properties Found Franklin TN Sold Listings Franklin TN Real Estate | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 288 | 0 | 0 | 0 | $62,500 | $48,000 | 0 |
| AVG | 3,129 | 3.65 | 2.69 | 0.71 | $447,349 | $432,267 | 105 |
| MEDIAN | 2,975 | 4 | 3 | 1 | $403,995 | $393,100 | 93 |
| MAX | 7,855 | 6 | 5 | 3 | $1,899,000 | $1,700,000 | 513 |
With this information we can now see that in the 30 day period of November 15th, 2011 through December 15th, 2011, there were 116 homes sold and closed. That gives us an absorption rate of 116 sales per month. With inventory as of December 15th, 2011 at 760 homes for sale, our adjusted months of inventory comes to a slightly higher time frame of 6.55 months of inventory. This is a very positive sign in my view as sales were not down significantly in a month where sales are not traditionally as high as warmer months with out having as many day's affected by holiday's.
For our neighbors that are thinking of selling your home, now is the time to prepare: The spring selling season is just around the corner and these buyers are contacting us now in their preliminary search for a home, and if you want to get the best possible price for your home, we need to help you get your home properly prepared so that the first impression that the buyers have of your home is one they remember for the right reason. Give us a call for a free consultation. We are here to help!
One Click For A Free No Obligation Consultation
The City of Franklin is the County Seat Williamson County and is just a short drive from downtown Nashville and has a very diverse economy and offers residents wonderful choice of social, dinning and family activities. Just to the south of Nashville and Brentwood, many people find Franklin to be a great place to call home. Many types of opportunities for work can be found in and around Franklin and the area enjoys a diverse economic base. Franklin continues to grow and offers great opportunities for residents and businesses currently in the area and those moving to the area.
Read More Informational Blogs About Franklin TN Happenings & Real Estate
Interest rates are at historic lows, and now is the time to buy. If you are selling your home give us a call and let us show you how to come out on top in this market. Waiting for the market to change will cost your buyers more to borrow money and price some of them out of your market, as well as cost you more when you buy your next home.
Williamson County & Surrounding Nashville Area Real Estate that WE WILL SELL!!!
MySearchForHomes.com Team/EXIT Realty Music City | 348 Cool Springs Blvd | Suite A | Franklin | TN | 37067|615-807-1204
Each Office Independently Owned and Operated
Franklin TN Real Estate Activity Closed Sales Report - December 15th, 2011 MySearchForHomes Team

Franklin TN had a total of 761 Residential properties that sold and closed from the time period of June 15th, 2011 through December 15th 2011. Closed sales are properties that have sold and that the transaction between the buyer and the seller is complete.
The City of Franklin is the County Seat Williamson County and is just a short drive from downtown Nashville and has a very diverse economy and offers residents wonderful choice of social, dinning and family activities. Just to the south of Nashville and Brentwood, many people find Franklin to be a great place to call home. Many types of opportunities for work can be found in and around Franklin and the area enjoys a diverse economic base.
Courtesy Of Real Tracs:
| Closed 761 Properties Found Franklin TN Real Esate Franklin TN Sold Homes | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 288 | 0 | 0 | 0 | $30,000 | $28,000 | 0 |
| AVG | 3,098 | 3.66 | 2.66 | 0.78 | $418,118 | $400,651 | 91 |
| MEDIAN | 2,933 | 4 | 2 | 1 | $364,900 | $355,000 | 75 |
| MAX | 15,506 | 8 | 12 | 4 | $3,895,000 | $3,227,700 | 562 |
We can now break these numbers down to four averages and a list price to sales price ratio: The chart shows that Franklin sold properties from June 15th, 2011 through December 15th, 2011 were listed for an average price of $418,118, with an average list price per square foot of $134.96. The average day's on market for these sold properties were 91. The average price that properties actually sold for were $400,651, with this information we can see that the properties sold for 95.8% of the asking price. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.
Read More Informational Blogs About Franklin TN Happenings & Real Estate
Interest rates are at historic lows, and now is the time to buy. If you are selling your home give us a call and let us show you how to come out on top in this market. Waiting for the market to change will cost your buyers more to borrow money and price some of them out of your market, as well as cost you more when you buy your next home.
Williamson County & Surrounding Nashville Area Real Estate that WE WILL SELL!!!
MySearchForHomes.com Team/EXIT Realty Music City | 348 Cool Springs Blvd | Suite A | Franklin | TN | 37067|615-807-1204
Each Office Independently Owned and Operated
Franklin TN Real Estate Activity Pending Sales Report - December 15th, 2011 MySearchForHomes Team

Franklin TN currently has a total of 128 Residential properties listed as a Pending Sale as of December 15th, 2011. Pending sales are properties that have an agreement between the buyer and the seller and are scheduled to close on an mutually agreed date.
The City of Franklin is the County Seat Williamson County and is just a short drive from downtown Nashville and has a very diverse economy and offers residents wonderful choice of social, dinning and family activities. Just to the south of Nashville and Brentwood, many people find Franklin to be a great place to call home.
Courtesy Of Realtracs:
| Pending 128 Properties Found Franklin TN Real Estate Franklin Tn Real Estate Listings | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 1,040 | 0 | 0 | 0 | $70,000 | $0 | 0 |
| AVG | 3,338 | 3.74 | 2.78 | 0.71 | $465,376 | $0 | 81 |
| MEDIAN | 3,242 | 4 | 3 | 1 | $399,900 | $0 | 72 |
| MAX | 10,183 | 6 | 5 | 2 | $1,549,900 | $0 | 835 |
We can now break these numbers down to three averages: The chart shows that Franklin homes currently listed as pending single family home sale are listed for an average price of $465,376, with an average list price per square foot of $189.42. The average day's on market are currently at 81. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.
Read More Informational Blogs About Franklin TN Happenings & Real Estate
Interest rates are at historic lows, and now is the time to buy. If you are selling your home give us a call and let us show you how to come out on top in this market. Waiting for the market to change will cost your buyers more to borrow money and price some of them out of your market, as well as cost you more when you buy your next home.
Like A Home That You See?
Williamson County & Surrounding Nashville Area Real Estate that WE WILL SELL!!!
MySearchForHomes.com Team/EXIT Realty Music City | 348 Cool Springs Blvd | Suite A | Franklin | TN | 37067|615-807-1204
Each Office Independently Owned and Operated
Franklin TN Real Estate Activity - Active Listings Report - December 15th, 2011 MySearchForHomes Team

Franklin TN currently has a total of 760 Residential properties listed for sale as of December 15th, 2011. The City of Franklin is the County Seat Williamson County and is just a short drive from downtown Nashville and has a very diverse economy and offers residents wonderful choice of social, dinning and family activities.
Courtesy Of Real Tracs:
| Active 760 Properties Found Franklin Tn Real Estate Franklin Tn Listings | |||||||
| Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
| MIN | 780 | 0 | 0 | 0 | $65,000 | $0 | 0 |
| AVG | 3,612 | 3.73 | 2.88 | 0.81 | $688,794 | $0 | 112 |
| MEDIAN | 3,310 | 4 | 3 | 1 | $439,250 | $0 | 91 |
| MAX | 20,430 | 8 | 9 | 6 | $27,500,000 | $0 | 1,007 |
We can now break these numbers down to three averages: The chart shows that Franklin Tn currently listed single family homes are listed for an average price of $688,794, with an average list price per square foot of $190.70. The average day's on market are currently at 112. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.
Read More Informational Blogs About Franklin TN Happenings & Real Estate
Interest rates are at historic lows, and now is the time to buy. If you are selling your home give us a call and let us show you how to come out on top in this market. Waiting for the market to change will cost your buyers more to borrow money and price some of them out of your market, as well as cost you more when you buy your next home.
Like A Home That You See?
Williamson County & Surrounding Nashville Area Real Estate that WE WILL SELL!!!
MySearchForHomes.com Team/EXIT Realty Music City | 348 Cool Springs Blvd | Suite A | Franklin | TN | 37067|615-807-1204
Each Office Independently Owned and Operated

