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Franklin Homes Market Report January 2014
Franklin Tn homes sales increased 18% in December compared to the same month last year with 171 closings. The median price of homes sold during the month was up 8% at $409,000 compared to $379,000 last year, and the average price was up 16% to $487,329. The absorption rate based on December sales and available homes for sale is 3 months keeping Franklin Tn homes in a strong sellers market.
171 homes sold in Franklin during the month of December 2013 compared to 145 last year, an increase of 18% the median sales price of homes sold was $409,000 compared to $379,000 last year, and increase of 8% the average sales price was $487,329 compared to $421,003 last year an increase of 16% the list price to sales price ratio averaged 99% the average size of homes sold was 3250 square feet making the average price per square feet $149.94 208 homes are currently pending sale 567 Franklin Tn homes are currently listed in the Nashville MLS as available for purchase The most popular neighborhoods in December based on sales were
Dallas Downs Fieldstone Farms Forrest Crossing Ladd Park Mckays Mill Sullivan Farms Westhaven Yearly totals
2065 Franklin Tn homes sold ... more

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