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Franklin TN Homes - October 2022

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Franklin TN homes for sale - We are still seeing a slow down in home sales and it's all related to higher interest rates. It looks like the days of multiple offers for every home are over for now. Buyers finally get a chance to look at homes before they submit an offer, and investors seem to be less aggressive from what I've seen.

  • 212 Franklin homes sold during the month of  September 2022 compared to 218 for the same period last year 
  • 427 Franklin homes are currently listing in the Nashville MLS as available for purchase
  • 221 homes are currently under contract
  • the median sales price for homes sold during the month of September was $$778,158 compared to $732,500 last year an increase of 6%
  • the median price per square foot for homes sold was $321 compared to $265 for September of 2021 an increase of 21%
  • the average list price to sales price ratio for homes sold in September was 97.9%

Search for Franklin TN homes for sale here -  Information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

View the top Franklin neighborhoods here.

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)

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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello and Thank You for your market report to share with us here in the Rain.  Make it a great Saturday!

Oct 15, 2022 08:49 AM
GilbertRealtor BillSalvatore
Arizona Elite Properties - Chandler, AZ
Realtor - 602-999-0952 / em: golfArizona@cox.net

This is an excellent post with great information. Thanks for sharing it. 

Have a super fantastic weekend! Bill Salvatore with AEP

Oct 15, 2022 02:00 PM
George Souto
George Souto NMLS #65149 - Middletown, CT
Your Connecticut Mortgage Expert

Larry Brewer - Benchmark Realty llc this is good information for both Buyers and Sellers in your area.

Oct 15, 2022 03:41 PM
Bo Zivak
Zivak Realty Group - Nashville, TN
Nashville Real Estate Broker

Thank you for sharing the real estate market report, really an excellent post for the buyers and sellers in your area.

Oct 21, 2022 12:44 AM