Murfreesboro Homes Update - March 2017

Real Estate Agent with Benchmark Realty LLc License# 00285925

Murfreesboro homeMurfreesboro Homes for sale - The average price of Murfreesboro homes increased 6.2% in the last 12 months with the average price of homes sold in February at $244,190. The average list price to sales price ratio during that same period was 99.75% and the average days on market is only 41 days. The absorption rate is 2 months keeping Murfreesboro homes are in a seller's market.

  • 241 Murfreesboro homes sold during the month of February compared to 254 for the same period last year
  • 521 homes are currently pending sale
  • 476 Murfreesboro homes are listed in the Nashville MLS as available for purchase
  • the average size of homes sold during the month of February was 2289 square feet
  • the list price to sale price ratio of homes sold was 99.75%
  • the absorption rate is currently less than 2 months
  • The average price of Murfreesboro homes sold during the month was $244,190
  • The average price per square foot of homes sold was $117, an increase of 9.3% year over year

Search for Murfreesboro homes for sale here

For the most-up-to-date information on Murfreesboro home values , then we urge you to contact us. We can assist you with all aspects of buying or selling property in this and other areas in the Nashville MLS. Also ask to be placed on an instant notification system when any new homes come on the market or price reductions are posted.

Murfreesboro Tennessee is located approximately 30 miles southeast of Nashville and is home to the largest university in Tennessee in Middle Tennessee State University. With plenty of recreation activity, low taxes, and easy interstate access to I-24 and I-840, many Murfreesboro home owners commute to downtown Nashville, Cool Springs, or Brentwood.

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.  

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Comments (4)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Larry. Keep your track shoes laced and continue running during this market phase! Enjoy the journey!

Mar 16, 2017 05:25 AM
Larry Brewer - Benchmark Realty llc

Thanks Wayne - it's looking like the best year every for real estate in the Nashville area, and hopefully in Chicago also. Have a great week.

Mar 16, 2017 05:53 AM
Harry F. D'Elia III
Avant Garde Residential Management Services - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

I very much appreciate viewing your local real estate information to become better informed.

Mar 16, 2017 05:27 AM
Larry Brewer - Benchmark Realty llc

Thanks for the compliment, I'm a little jealous of your weather right now, we have 24 degrees right now, and I'm ready for winter to be over.

Mar 16, 2017 05:55 AM
Roy Kelley
Retired - Gaithersburg, MD

Families moving to the area will appreciate your local real estate market reports.

Mar 16, 2017 06:34 AM
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Thaaks for the recommendation Roy. I hope you have a great weekend, and maybe spring will come back.

Mar 17, 2017 05:32 AM