Chardonnay (Franklin, TN)
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? April 2016 Properties active on the market: 2 Single-family properties closed in April: 3 Average sales price: $679,114 Average list price: $679,963 Sales price to list price ratio: 99.9% Average days on the market: 105 Chardonnay absorption rate: 1.5 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). Chardonnay is experiencing an extreme seller's market. The new construction in this neighborhood is keeping the home values high. A benefit to sellers who may be thinking about listing their home. Give the shortage of inventory, now may be a great time to do this.Wondering what your Chardonnay home is worth? Just click the p...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? March 2016 Properties currently Active on the market: 11 Single-family properties closed in March: 6 Average sales price: $734,668 Average list price: $716,638 Average sales price to list price ratio: 102.5% Average days on the market: 56 Chardonnay absorption rate: .7 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) Chardonnay is in an extreme seller's market. The sales price to list price ratio is excellent. Two-thirds of the homes closed in March were new construction, which accounts for the high sales price to list price ratio.  As the new construction winds down, Chardonnay sellers are in a great position to list their homes as new ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? November 2015 Properties currently Active on the market: 11 Single-family properties closed in November: 4 Average sales price: $750,469 Average list price: $709,857 Average sales price to list price ratio: 107% Average days on the market: 81 Active listings under contract: 1 Chardonnay absorption rate: 2.8 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) Chardonnay is in a seller's market. The sales price to list price ratio is excellent. Although, the homes closed were all new construction, this is good news to Chardonnay sellers.  These sales are keeping sales prices high. Wondering what your Chardonnay home is worth? Just click the p...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? Market Report for July 2014 Properties currently Active on the market: 9 Single-family properties closed in July: 3 Average sales price: $586,900 Average list price: $589,900 Average sales price to list price ratio: 99.5% Average days on the market: 74 Pending sales: 4 Chardonnay absorption rate: 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) Chardonnay is in a seller's market. The sales price to list price ratio is excellent. The average days on the market is also good. All three homes that closed were existing homes which bodes well given the competition from new construction. These sellers obviously priced their homes right. Wonde...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? Market Report for June 2014 Properties currently Active on the market: 10 Single-family properties closed in June: 4 Average sales price: $702,955 Average list price: $682,425 Average sales price to list price ratio: 103% Average days on the market: 14 Pending sales: 2 Chardonnay 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) Chardonnay is in a seller's market. The sales price to list price ratio is excellent. The average days on the market is so low because of new construction pre-sales. Three of the four closed sales were new construction which also accounts for the high sales price to list price ratio. This is d...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chardonnay Home Worth? May 2014 Properties currently Active on the market: 11 Single-family properties closed in May: 3 Average sales price: $686,036 Average list price: $682,058 Average sales price to list price ratio: 100.6% Average days on the market: 9 Pending sales: 2 Chardonnay absorption rate: 3.7 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) Chardonnay is in a seller's market. The sales price to list price ratio is excellent. The average days on the market is so low because two of the three homes were sold in pre-sale. All the closed sales in May were new construction. This is definitely a benefit to existing home owners as the new construction is k...
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By Your Music City Experts Team
(Benchmark Realty)
Come see Sharon today from 2-4pm at 9058 Chardonnay Trace.  This home has over $80k worth of upgrades and is just waiting for a new owner!    You can check out more photos and information at http://.www.musiccityexperts.com/chardonnay  
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Franklin, TN Real Estate Professionals