Franklin TN Homes for Sale - April 2017 Update

By
Real Estate Agent with Benchmark Realty 00285925

Franklin TN homes for sale - The median sales price of  homes for March was $469,990 with the average price per square foot at $170. The absorption rate is down to 2 months, not a good sign for buyers as they will be in multiple offer situations on many of the better listings.

  • The average size of homes sold during the month was 2993 square feet
  • 195 Franklin TN homes sold during the month of March
  • 487 Franklin TN homes are pending sale at this time
  • 462 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, many of them are new construction homes not finished
  • the absorption rate based on March sales is 2 months
  • the list price to sales price ratio for closings in the month of March was 100.17%. Yes most homes are getting list price or better for their home.

  Search for Franklin homes for sale here  

Franklin Tennessee is located approximately 20 miles south of downtown Nashville in Williamson county with a popular mix of modern shopping and dining at the Cool Springs Galleria along with historic downtown Franklin with the lovely restored buildings surrounding the square and main street. With the top rated school system in the state in Williamson county schools, and low property taxes, Franklin is very popular and growing fast.

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 TN real estate is 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

Posted by

The Brewer team

Benchmark Realty

 

 

 

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Topic:
Real Estate Market Trends
Location:
Tennessee Williamson County Franklin
Groups:
Franklin tn Keller Williams
Nashville tn real estate
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Rainmaker
3,051,773
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Thank you for sharing your market report...Have a great weekend!

Apr 15, 2017 06:47 AM #1
Rainmaker
4,018,153
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Nice market update for Franklin, TN, and valuable for buyers and sellers seeking info.

Apr 16, 2017 07:15 AM #2
Rainmaker
1,959,271
Patricia Feager, MBA, CRS, GRI,MRP
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Franklin, TN sounds like a great place to live! I really liked your post very much!

Wishing you complete success and many happy days!

Apr 16, 2017 08:44 PM #3
Rainmaker
917,847
Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Franklin TN homes are in crazy demand right now, and I expect this trend to continue for several years since the new construction neighborhoods are a considerable distance from downtown Franklin.

Jun 05, 2017 12:39 PM #4
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Rainmaker
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The Brewer Team - Benchmark Realty

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