Franklin Homes for sale and May 2015 market update - 181 Franklin homes closed during the month of April compared to 168 for the same month last year.. The median price of homes sold in Franklin during the month was $439,900 compared to $395,000 for April of 2014, an increase of 11%. The absorption rate based on April sales and the current inventory is 4 months, and the median days on market is only 49 days. A lot of Franklin TN homes are now getting multiple offers the first day on market, and a good buyers agent is critical to having a chance to compete for the better homes.
- the median list price to sales price ratio for Franklin Homes in April was 99%
- 324 Franklin homes are pending at this time
- 721 Franklin homes are currently listed in the Nashville MLS as available for purchase, but many are already under contract
- the absorption rate based on April sales is 4 months
For the most-up-to-date information on Franklin TN homes values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes in Franklin and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin real estate comes on the market or price reductions in Franklin real estate is are posted.
This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area