Mckay’s Mill Market Report March 2012

Mckay’s Mill Market Report March 2012 – 11 homes sold in Mckays Mill in March compared to 6 last year, and increase of 83%, and with 14 Mckays Mill homes currently under contract, it looks like April will be even more active.

11 Mckays Mill homes sold in March
the average sales price of homes sold was $359,636
days on market was down to 51 days
list price to sales price ration was 98%
the absorption rate for Mckays Mill based on March sales is 4 months
the size of homes averaged 2979 square feet

Like most affordable communities in Franklin Tn, Mckay’s Mill has turning into a sellers market, especially since the new construction in Mckays Mill is very limited now since they have no more lots. I expect the prices of Mckays Mill homes to increase in the next few months.

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information on this page is based on information on single family homes for sale in Mckays Mill subdivision in Franklin Tn per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.