What's My Cheswicke Farm Home Worth? November 2014
- Properties currently Active on the market: 1
- Single-family properties closed in November: 3
- Average sales price: $386,333
- Average list price: $399,933
- Average sales price to list price ratio: 96.6%
- Average days on the market: 79
- Cheswicke Farm 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)
Cheswicke Farm is in an extreme seller's market. However, the sales price to list price ratio is low when compared to the 98.6% Franklin homes priced between $300K to $400K show. The average days on the market of 79 are high incomparison to 52 days for this price range. Given all of this, the only listing is already under contract so Cheswicke Farm desperately needs some homes to sell.
Wondering what your Cheswicke Farm home is worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds.
Cheswicke Farm has a desirable location. It is just minutes from I65, historic Franklin and Cool Springs Galleria. Students from this neighborhood can even walk to Centennial High School. It's easy to see why the homes are selling quickly here.
While the housing market is quite good right now, buyers have become more particular than ever. There were two homes recently located in Cheswicke Farm on Kentons Way. Interestingly, these homes were the same exact floor plan and square footage. One was listed for $379,000 and while not updated was priced right and in show ready condition with professional photography. The other one was listed for $342,000. It had been used and abused as a rental property for years. The sellers recognized this and did price it below market value. However, presentation is everything in today's market. The first house sold for full price, the second house sold for $325,000; $54,000 less. Can you see why it's so important for your home to be prepared properly when selling?
With 92% of buyers beginning their home search on the internet, sellers need their homes to have the best coverage possible on-line. This goes way beyond just syndicating listings to other websites.
The homes that have the best coverage on the internet are the ones who get the most traffic and as a result multiple offers. Sellers want to make sure the photographs are professionally presented showcasing the many features of their homes. Don't assume an agent is going to use professional photography. Be sure to ask prior to listing with an agent. The internet has become the first showing. It's important that your home look it's best.
Additionally, you want your home to stand out from the others in your neighborhood with a single-property website. Just click the link to be taken to one example of the ways Franklin Homes Realty LLC markets your home.
One of the best ways to bring attention to your Cheswicke Farm home is to have an agent who is using the newest technology to get the word out about your home. This includes the use of social media and blogging. Something not many listing agents in the Franklin housing market are doing.
Check out the Cheswicke Farm homes for sale webpage on our site. It's easy to see why our website gets thousands of clicks each month. This provides your listing with exposure to home buyers all over the country.
When you are ready to sell your Cheswicke Farm home, contact Tammie White of Franklin Homes Realty LLC at (615) 495-0752.