Franklin and Otto, NC Market Update
August 20, 2012
It's been a very busy summer for the Franklin and Otto, NC Real Estate Market and here are the latest Market Stats.
From June 1, 2012 thru July 12, 2012, 33 homes were sold in Franklin and Otto. Let's fast forward from July 13, 2012 thru August 19, 2012, 45 homes have sold. Average sales price was $117,451 as compared to the previous period of $91,327. 31 of the homes were stick built, 10 were manufactured homes and 4 were condo/townhomes. 4 of the sales were foreclosures as compared to 6 from the prior report. The foreclosure inventory has dwindled and that's a prime reason why the average sales price has increased.
Venture Local hosted their second Street Fest event this past Friday evening, August 17th. Set in downtown Franklin, the shops were open for business, there were 4 live bands and a BIG TIME was had by all. It was a great way to attract locals and visitors to Franklin's quaint Downtown area for some shopping, food, fun and entertainment. The weather was perfect and the streets were flooded with excitement! Kristin and Anna Green loved the Face Painting! John Becker - Bald Head's Band in the Background. They Rocked the House!
As if that wasn't enough --- The "Rumble", Franklin's first Motorcycle Rally was held August 17, 18, and 19. The Smokey Mountains is a haven for Motorcycle enthusiasts and this fun "happening" was a great way to show off what our area has to offer. Over 2000 Attendees enjoyed food, music, vendors and an opportunity to meet new friends and "hang out" with fellow bikers. There were folks from Florida, Georgia, Tennessee, South Carolina and lots of North Carolinians that enjoyed the festivities.
Thanks again for your support in helping me build my business. If you haven't requested your 10% off coupon from Lowes Improvement Center, Visit this link and just fill in your information and I'll send it to you via email within 14 days.
Back by popular demand my short Video about Otto and the surrounding areas. You'll see Coweeta Creek, Pickens Nose, Big Laurel and Mooney Falls....as well as Spring Ridge Creamery where you can enjoy the BEST Ice Cream Ever! Watch this 7 minute video and enjoy.
More news to come in September. Happy Travels.
Otto and Franklin, NC Real Estate Solutions - Kathy Clifton Broker - Keller Williams Realty specializing in Real Estate for Franklin and Otto, NC. For more information call 828-226-1074