Franklin Tn Real Estate Report December 2013

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

Franklin Tn Homes

Posted by

The Brewer team

Benchmark Realty





This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Real Estate Market Trends
Tennessee Williamson County Franklin Franklin
Nashville tn real estate
franklin tn real estate
franklin tn homes

Spam prevention
Show All Comments
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
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
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
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
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


The Brewer Team - Benchmark Realty

Ask me a question
Spam prevention

Additional Information