Polk Place Market Report - Franklin tn

Polk Place real estate sales for the month of October and November have picked up with 8 closings in the last 7 weeks.

 With only 11 homes available for sale, and one of those under contract, the absorption rate in Polk Place is 2.5 months. This is an extreme reversal from the market of the summer, and should be kept in consideration by anyone wanting to buy a Polk Place home.

  • The average price of Polk Place homes sold in October and November is $387,000
  • The average price per square ft of Polk Place real estate sold is $122.51 per square ft
  • The Average days on market for Polk Place homes old is 69
  • The most expensive home sold in Polk Place was $565,000
  • The least expensive home sold in Polk Place was $307,000

Homes are starting to move in Polk Place. If you are in the market to sell or buy Polk Place real estate, call Larry Brewer at 615-512-7853. If you would like to search available Polk Place real estate, click on the link. Polk Place

 To search for Franklin real estate, click on the link. Franklin tn real estate.

 

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area.

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3 comments • Larry Brewer • November 24 2008 01:40PM

Polk Place Market Report

Franklin tn real estate - Polk Place real estate sales for this year have been better than 2007 during the same time period with 8 sales through 6/1. This compares to only 4 sales during the same time period of 2007.  The average sales price this year has been $414,231, compared to the same time period in 2007 of $408,300.   The average days on market for Polk Place real estate this year has been 103 days.

  • Average price of closed homes $414,231
  • Average price per square ft $128.44
  • Average days on market 103
  • lowest price sold $357,000
  • highest price sold $465,000

Even though sales are still slow in this price range, homes are starting to move. To see all available Polk Place real estate, click on the button.

Polk Place real estate search

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

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1 comment • Larry Brewer • June 04 2008 12:22PM

Polk Place - Franklin tn real estate

Franklin tn real estate - Polk place is an upscale neighborhood with single family all brick homes ranging from 2500 to 4000 square ft in size. The prices of homes in Polk place range from $375,000 to $500,000 with the average being $431,000 at this time.

The school zones for these homes include Franklin Elementary, Winstead Elementary School, Fred J Page Middle School,  Freedom Middle School, and Centennial High School. If schools are important, be very careful when looking at homes in Polk Place. All are good schools, but some are farther away than others.

The popularity of the neighborhood can be attributed to the prices of the homes being fairly inexpensive for Franklin, the close proximity to Franklin, and the excellent schools.

To view available homes in Polk Place, click on the button. 

 

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1 comment • Larry Brewer • January 23 2008 01:59PM