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Franklin TN Homes Market Report January 2013

By
Real Estate Agent with Benchmark Realty 00285925

FranklinFranklin Tn Homes Sales Increase 11% in December - 146 Franklin TN homes closed in December this year compared to 132 the same month last year. With 191 Franklin Tn homes currently pending sale, it looks like the sales increases will continue at least for the near future.

  • 146 Franklin Tn homes sold in December of 2012 compared to 132 last year
  • the average sales price of homes sold in Franklin was $420.660 compared to $431,684 last year boosted by several million dollar home sales at the end of the year
  • the absorption rate based on November sales is down to 4 months
  • 191 Franklin Tn homes are currently pending sale
  • 624 Franklin Tn homes are listed in the Nashville MLS as available for purchase

Franklin Tn is located just 20 miles south of downtown Nashville in Williamson county. Known for great schools, low property taxes, a town square with restored historic buildings, and the finest shopping and dining in Tennessee at the Cool Springs Galleria.

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Posted by

The Brewer team

Benchmark Realty

 

 

 

Comments (2)

Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Frankin tn home are always in high demand, and since the inventory is shrinking, I'm going to tell my clients to exprect the prices to rise.

Jan 24, 2013 07:09 AM
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Great real estate market information for Franklin TN, what a beautiful area.

Jan 29, 2013 09:07 AM