Murfreesboro Real Estate - June 2023

Real Estate Agent with Benchmark Realty LLc License# 00285925

Murfreesboro home sales are still slowing down due to the impact of high interest rates. The number of closings for May was down 17% compared to May of 2022 and the median sales price was down 6% But the average days on market is still only 32 days and the list price to sales price ratio is 99%.

  • 359 Murfreesboro homes sold during the month of May compared to 432 last year
  • 690 homes are currently pending sale most are new construction homes waiting to be finished
  • 512 Murfreesboro homes are listed in the Nashville MLS as available for purchase
  • the average size of homes sold during the month of May was 2203 square feet
  • the list price to sale price ratio of homes sold was 99%
  • The median price of Murfreesboro homes sold during the month was $412,000 compared to $439,170  last year a decrease of 6%
  • The median price per square foot of homes sold was $210, compared to $214 last year

Search for Murfreesboro homes for sale 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 (2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for your market update - you have done a nice job with your graphics! 

Jun 14, 2023 06:04 PM
Bo Zivak
Zivak Realty Group - Nashville, TN
Nashville Real Estate Broker

Your blog provides great insights into the Murfreesboro real estate market. It's clear you have a deep understanding of the area, and your detailed information is a valuable resource for anyone looking to buy or sell in Murfreesboro.

Sep 28, 2023 11:29 PM