Murfreesboro Homes Market November 2012 – You would think that with the holidays upon us, sales of Murfreesboro homes would be slowing down, but it doesn’t seem to be happening. 170 Murfreesboro homes sold in November compared to 158 for the same month in 2011. Prices seem to be creeping up also with the average price up to $181,794, an increase of 3%. The absorption rate based on November sales is still only 5 months, signaling a sellers market.
- 170 homes sold in Murfreesboro in November compared to 158 last year
- the average days on market is down to 89 days
- the absorption rate for Murfreesboro homes is 5.5 months
- 253 Murfreesboro homes are currently pending sale (wow)
- 997 homes are currently listed for sale in Murfreesboro
Murfreesboro has been for many years one of the fastest growing communities in the country, a lot of the growth is associated with Middle Tennessee State University, but other factors are included in the growth, and one of them is value. You can still purchase a nice home in Murfreesboro for less than it would cost in Franklin or Brentwood, and at the same price as Spring Hill or Mount Juliet. I advise my customers to make the decision based on where you work, and the commute time involved. If you work in downtown Nashville, the right choice might be Murfreesboro, but if you work in Cool Springs, or Hendersonville, Murfreesboro doesn’t seem to be the best option.
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For the most-up-to-date information on Murfreesboro current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Murfreesboro MLS listings come on the market or price reductions in Murfreesboro are posted.
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(all data current as of 5/21/2013)
$195,000 : 623 Haynes Dr, Murfreesboro4 beds, 3 full baths
$239,900 : 1791 Stewart Creek Rd, Murfreesboro3 beds, 3 full baths
$194,900 : 816 Renaissance Ave, Murfreesboro3 beds, 2 full baths
$279,900 : 2132 Slater Drive, Murfreesboro4 beds, 3 full baths
$226,275 : 2917 Standing Bear Way, Murfreesboro3 beds, 2 full, 1 part baths
$1,375,000 : 3946 Lakebrook Dr, Murfreesboro4 beds, 5 full, 2 part baths
$234,900 : 1802 Walking Dr, Murfreesboro3 beds, 2 full baths
$269,999 : 2620 Belle Rive Dr, Murfreesboro4 beds, 2 full, 2 part baths
$249,000 : 610 Fantasia Ct, Murfreesboro3 beds, 2 full, 1 part baths
$201,900 : 1426 Dakota Drive, Murfreesboro3 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.