Franklin TN Homes - November 2022 Update

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Franklin TN homes for sale - Things have changed in the last few months with interest rates around 7% at this time, it's a much slower market for home sales and multiple offers are becoming an unusual occurrence  instead of the norm. 

  • 84  Franklin TN homes sold during the month of  October 2022 compared to 120 for the same month last year  
  • 429 Franklin homes are currently listed in the Nashville MLS for sale
  • 196 homes are currently under contract
  • the median sales price for homes sold during the month of October was $799,500 compared to  $720,000 last year, an increase of 11%
  • the median price per square foot for homes sold was $317 compared to $272 for October of 2021 an increase of 16.5%
  • the average list price to sales price ratio for homes sold in October was 98%

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
Posted by

 Twitter Seach for Homes

Comments (0)