Cool Springs Homes Market Report July 2013

Cool Springs home in Franklin TnCool Springs homes for sale and July Market Report 2013 – sales increased 20% in June with 54 closings compared to 45 in 2012. The median price of homes sold in Cool Springs during May increased 27% to $449,292. The absorption rate of Cool Springs homes is down to less than 3 months indicating a sellers market.

  • The median price of Cool Spring homes sold was $449,292 up 17%
  • 55 Cool Springs homes sold in June compared to 45 last year
  • average days on market is down to 56 days
  • the median size of homes sold in Cool Springs was 3275 square feet
  • 86 Cool Springs homes are currently pending sale
  • 143 Cool Springs homes are currently listed in the Nashville MLS as available for purchase
  • the absorption rate for Cool Springs homes is down to 3 months
  • The median list price to sales price ratio for May was 99%

 

Cool Springs is in a sellers market with many listings having a contract within one week, and the list price to sales price ration is 99%. Prices of Cool Springs homes should continue to rise through the summer months as inventory is very low, and demand continues to be high. Cool Springs is part of the City of Franklin in zip code 37067 in Williamson county, and is located on both sides of I-65 . Almost everything in Cool Springs is very new and very close to the fine shopping and dining available surrounding the Cool Springs Galleria.

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For the most-up-to-date information on Cool Springs current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Cool Springs MLS listings come on the market or price reductions in Cool Springs are posted.

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(all data current as of 9/22/2014)

  1. 8 beds, 8 full, 1 part baths
    Home size: 9,916 sq ft
    Lot size: 1.06 ac
    Listed with Berkshire Hathaway HomeServices Woodmont Realty
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  2. 5 beds, 5 full, 1 part baths
    Home size: 7,172 sq ft
    Lot size: 15,681 sqft
    Listed with Keller Williams Realty - Murfreesboro
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  3. 5 beds, 4 full, 1 part baths
    Home size: 4,982 sq ft
    Lot size: 27,442 sqft
    Listed with Martin Properties
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  4. 5 beds, 4 full, 1 part baths
    Home size: 6,338 sq ft
    Lot size: 16,552 sqft
    Listed with Bob Parks Realty
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  5. 6 beds, 4 full, 1 part baths
    Home size: 6,102 sq ft
    Lot size: 21,780 sqft
    Listed with Parkside Realty, LLC
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Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

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