Franklin Tn Real Estate Report December 2013

By
Real Estate Agent with Benchmark Realty 00285925

Franklin tn home in Polk PlaceFranklin TN Real Estate December 2013 market report - sales finally slowed down a little bit in November with 145 closings, just 2 more than the same month last year, but prices are still on the rise with the average price this year at $484,322 compared to $400,493 last year. With the absorption rate at 4 months, It's still a sellers market in Franklin real estate

  • 145 Franklin homes sold in November compared to 143 last year
  • the median price of homes sold in Franklin Tn increased 23% to $432,500
  • average days on market for homes sold was 55 days
  • 244 Franklin Tn homes are currently pending sale
  • 635 Franklin homes are listed in the Nashville MLS as available for purchase
  • the absorption rate of Franklin Tn real estate based on November sales is 4 months
  • The median list price to sales price ratio for the month was 99%
  • the median price per square feet of sold homes in Franklin was $146

  The most popular Franklin neighborhoods based on sales for November 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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The Brewer team

Benchmark Realty

 

 

 

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Real Estate Market Trends
Location:
Tennessee Williamson County Franklin Franklin
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Rainmaker
1,016,136
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Still improving that is a good thing.  Have a great end of the year.

Dec 07, 2013 03:08 AM #1
Rainmaker
2,754,749
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Thank you for sharing an excellent blog about Franklin, Tennessee real estate December 2013 market report.

Dec 07, 2013 06:10 AM #2
Rainmaker
1,037,066
Mark Loewenberg
KW of the Palm Beaches - Palm Beach Gardens, FL
KW 561-214-0370

nice way to show of the local market numbers to the area buyers and sellers!

Dec 07, 2013 09:57 AM #3
Ambassador
2,758,520
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good morning, Larry. It's really good to see that real estate is rebounding in the area. I'm hoping that next year will follow suit.

Dec 07, 2013 07:16 PM #4
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The Brewer Team - Benchmark Realty

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