Murfreesboro Homes Sales Increased 20 Percent in July - compared to July of 2012 with 250 closings compared to 208. Yes we are now into a sellers market for Murfreesboro homes with just a 4 month absorption rate, and the average days on market down to 66 days. The good news for buyers is that prices haven't spiked up yet, with an average price of $188,931, prices are up just 2 percent over last year. But the market laws of supply and demand will keep pushing the prices higher under these conditions.
- 250 Murfreesboro homes sold in July compared to 208 last year
- the average sales price was $188,931 an increase of 2% year over year
- days on market is down to 64 days
- 272 Murfreesboro homes are currently pending sale
- 1064 Murfreesboro homes are listed in the Nashville MLS as available for purchase
- the absorption rate of Murfreesboro homes is 4 months
- the list price to sales price ratio is 98%
Murfreesboro is located 30 miles east of Nashville and is home to Middle Tennessee state university, the largest in the state. Search for Murfreesboro homes for sale here
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For the most-up-to-date information on Murfreesboro 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 Murfreesboro MLS listings come on the market or price reductions in Murfreesboro are posted.
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information on this page is based on information on single family homes for sale in Murfreesboro per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.
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