Franklin Homes for Sale - July 2018

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Franklin Homes for Sale - Franklin homes continue to be in a busy sellers market with an absorption rate of 2 months and a list price to sales price ratio of 99%, it does seem like the rise in interest rates has slowed the market just a little with the average days on market creeping up to 9 days instead of the 7 days we had this time last year. Prices have continued to rise with the median price increasing 7.9% in the last 12 months.

  • 254 homes sold in the month of June compared to 238 for the same month in 2017
  • the median price per square foot of homes sold during the month was $177 compared to $171 for June of 2017 and increase of 3.5% year over year
  • the list price to sales price ratio of homes sold was 98.71%
  • the median days on market was only 9 days
  • 581 Franklin homes are currently listed in the Nashville MLS for sale, but many of those are not completed homes and in many cases construction has not even started
  • 285 homes are under contract at this time in Franklin

Search for Franklin TN homes for sale here

Franklin TN Homes for Sale    

For the most-up-to-date information on Franklin home 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. Franklin TN is located just 20 miles south of downtown Nashville along I-65 in Williamson county. Blessed with a restored historic square and main street, Franklin has a lot of old world charm as well as attractions for those who enjoy fantastic shopping and dining in the Cool Springs area of Franklin. Fortune 500 businesses have also found that the Williamson county tax structure and a highly educated workforce make Franklin a very desirable location. It helps that Williamson county schools are the top ranked schools in the state, and several of the schools are ranked nationally in many publications.

  1. 4 beds, 4 baths
    Home size: 5,022 sq ft
    Lot size: 17,859 sqft
    Year built: 2010
    Listed with Keller Williams Realty
    Broker reciprocity icon
  2. 4 beds, 3 baths
    Home size: 2,680 sq ft
    Lot size: 13,503 sqft
    Year built: 1984
    Listed with Benchmark Realty, LLC
    Broker reciprocity icon
  3. 3 beds, 3 baths
    Home size: 2,682 sq ft
    Lot size: 15,681 sqft
    Year built: 1983
    Listed with RE/MAX Elite
    Broker reciprocity icon

 

 

  1. 3 beds, 3 baths
    Home size: 1,424 sq ft
    Year built: 2004
    Listed with PARKS
    Broker reciprocity icon

 

 

  1. 4 beds, 3 baths
    Home size: 3,434 sq ft
    Lot size: 16,552 sqft
    Year built: 1994
    Listed with Pilkerton Realtors
    Broker reciprocity icon

 

 

See all Franklin.
(all data current as of 7/13/2018)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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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Jim Crawford
Crye-Leike REALTORS® - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Excellent! Thank you for taking the time to prepare and share this information.  Buyers and seller need information like this to make informed decisions.  

Jul 15, 2018 07:07 AM #1
Rainmaker
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Larry Brewer - Benchmark Realty llc
Benchmark Realty LLc - Nashville, TN

Thanks Jim Crawford, I'm slowing getting back to the blog habit after taking most of the year off. Franklin home buyers are still fighting a sellers market and we don't expect it to change any time soon.

Jul 17, 2018 04:01 AM #2
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Rainmaker
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Larry Brewer - Benchmark Realty llc

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