Franklin Tn Homes Market Report October 2013

By
Real Estate Agent with Benchmark Realty 00285925

Franklin Tn Homes October 2013 market report -  The average price of Franklin TN homes sold during September increased 10.4% compared to September of 2012 .  The number of  homes sold increased 10.8 percent, and the absorption rate is still down to 4 months. I expect prices to continue moving higher due to the market forces of low inventory and high buyer demand.

  • 172 Franklin Tn homes sold in September compared to 154 last year
  • the average price of homes sold in Franklin Tn increased 10.4%% to $450,456
  • average days on market for homes sold was 70 days
  • 256 Franklin TN homes are currently pending sale
  • 748 Franklin Tn homes are listed in the Nashville MLS as available for purchase
  • the absorption rate of Franklin Tn homes based on August sales and current inventory is 4.3 months
  • The average list price to sales price ratio for the month of July was 98%
  • the median price per square feet of sold homes in Franklin was $148

 

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. Find the value of your Franklin Tn Home here

Search for Franklin Tn homes for sale here

Franklin Tn Homes

 

 

Posted by

The Brewer team

Benchmark Realty

 

 

 

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Tennessee Williamson County Franklin Franklin
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Rainmaker
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Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

The fact that Franklin Tn homes are 10% higher this year than last year shouldn't surprise anyone, but I know some buyers who have been waiting for a sign that it was time to buy, and I think they missed a great opportunity last year.

Oct 15, 2013 11:44 PM #1
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Rainmaker
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The Brewer Team - Benchmark Realty

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