What's My Cheswicke Farm Home Worth? July 2014
- Properties currently Active on the market: 6
- Single-family properties closed in July: 2
- Average sales price: $368,800
- Average list price: $369,400
- Average sales price to list price ratio: 99.8%
- Average days on the market: 34
- Pending sales:1
- Cheswicke Farm 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)
While it appears that Cheswicke Farm is in a seller's market, they are actually in an extreme seller's market due to the fact that three of the six active listings are already sold. That leaves just 1.5 months of inventory. The list price to sales price ratio is excellent and the average days on the market are low. It appears these sellers priced their home right for a quick sale.
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 could 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. One of the closed sales in July had updated the kitchen with new cabinetry, granite counter tops, tile backsplash and stainless steel appliances. Many of the light fixutres had been replaced as well. There is a growing demand for these types of finishes. The sellers who have already made these updates will sell their homes faster for top dollar.
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 done showcasing the many features of their homes. Don't assume an agent is going to use professional protography. 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.