Franklin Tn Homes Sales for May 2013 Increase 16 Percent

By
Real Estate Agent with Benchmark Realty 00285925

Forrest CrossingFranklin Homes for sale and May 2013 market report - sales increased 16 percent in May of 2013 compared to the previous May with 206 homes sold compared to 178. The median prices of Franklin homes sold increased 13% from $336,000 to $380,000 and the median size of homes sold increased 4% to 3006 square feet. These are all great numbers for home sellers and should be a wake up call for buyers, because prices of Franklin Tn homes are rising fast.

  • 206 Franklin Tn homes sold in May compared to 178 last year, an increase of 16%
  • the median price of homes sold in Franklin Tn increased 13% to $380,000
  • median days on market for homes sold was 54 days
  • 328 Franklin homes are currently pending sale
  • 742 Franklin homes are listed in the Nashville MLS as available for purchase
  • the absorption rate of Franklin Tn homes based on May Sales is 3.6 months
  • The median list price to sales price ratio for the month of May was 99%
  • the median price per square feet of sold homes in Franklin was $127

  The most popular Franklin neighborhoods based on sales for May were

These statistics should tell everyone that Franklin real estate is in a sellers market, and prices are rising quickly. For Franklin home owners who are considering a move, now would be an excellent time to consider your options.

Search for Franklin Tn homes for sale here

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Posted by

The Brewer team

Benchmark Realty

 

 

 

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Topic:
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Location:
Tennessee Williamson County Franklin Franklin
Groups:
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The Brewer Team - Benchmark Realty

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