Franklin Homes for sale and June 2013 market report - sales increased 45 percent in June of 2013 compared to the previous June, and median prices increased 12% from $355,000 to $396,868 and the median size of homes sold decreased 1% to 2912 square feet. The absorption rate of Franklin homes is now at 2.8 months.
- 255 Franklin homes sold in June compared to 175 last year, an increase of 45%
- the median price of homes sold in Franklin increased 12% to $396,868
- median days on market for homes sold was 54 days
- 294 Franklin homes are currently pending sale
- 756 Franklin homes are listed in the Nashville MLS as available for purchase
- the absorption rate of Franklin homes based on May sales and current inventory is 2.8 months
- The median list price to sales price ratio for the month of June was 99%
- the median price per square feet of homes sold in Franklin was $137
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 homes for sale here
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