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 3/30/2015)
$184,900 : 1917 Falsetto Ln, Murfreesboro4 beds, 2 full, 1 part bathsListed with Exit Realty Bob Lamb & Associates
$358,900 : 2756 Presley Dr, Murfreesboro4 beds, 3 full, 1 part bathsListed with Coldwell Banker Snow & Wall
$324,999 : 112 Fontana Ct, Murfreesboro3 beds, 2 full, 1 part bathsListed with PARKS
$175,000 : 4762 Barfield Crescent Rd, Murfreesboro3 beds, 2 full bathsListed with Hodges and Fooshee Realty Inc.
$214,900 : 4217 Lufkin Court, Murfreesboro3 beds, 2 full, 1 part bathsListed with Intero Real Estate Services
$184,900 : 2515 Oak Hill Dr, Murfreesboro4 beds, 2 full, 1 part bathsListed with Carl Hill and Associates Real Estate
$419,900 : 1517 Marathon, Murfreesboro4 beds, 3 full bathsListed with PARKS
$219,900 : 4225 Lufkin Court, Murfreesboro3 beds, 2 full, 1 part bathsListed with Intero Real Estate Services
$259,900 : 3360 Buckthorne Way, Murfreesboro4 beds, 3 full bathsListed with The Realty Association
$239,000 : 509 John R Rice Blvd, Murfreesboro3 beds, 1 full, 1 part bathsListed with Exit Realty Bob Lamb & Associates
Listing information deemed reliable but not guaranteed. Read full disclaimer.