Mckays Mill homes for sale and January 2014 market report – 10 homes sold during the month of December 2013, a 43% increase over the number sold in the same month of 2012. The average price of homes sold was down from last year, but it’s misleading because the average size of homes sold in Mckays Mill was down from 3385 square feet to 3158 square feet. The big story in Mckays Mill homes is lack of inventory. As of today, 10 homes are listed in the Nashville Mls, but 5 of those are already under contract. You really need to be quick if you plan to purchase a home in Mckays Mill.
- 10 Mckays Mill homes sold in the month of December 2013 compared to 7 the previous December
- 5 homes are currently available for purchase
- 13 Mckays Mill homes are currently under contract and waiting to close
- the list price to sales price ratio of homes sold in December was 99%
- average days on market for homes sold was 32 days (it usually takes 30 days to close, so this is really 2 days on market)
- the absorption rate of Mckays Mill homes is one month (really less, but it doesn’t matter)
Here is a summary of the conditions of the market for Mckays Mill homes, and it’s sister next door the Villages of Clovercroft, it’s a red hot sellers market. Most new listings have an offer within 24 hours now, and the list price to sales price ration is 99%. The reasons are simple, it’s one of the most affordable places to live in the Cool Springs area of Franklin Tn.
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