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 9/30/2014)
$249,900 : 5083 Chesterfield Dr, Murfreesboro3 beds, 2 full, 1 part bathsListed with Bob Parks Realty
$1,195,000 : 2973 Thompson Rd, Murfreesboro5 beds, 5 full, 1 part bathsListed with Bob Parks Auction and Land Division
$215,900 : 3009 Chapel Hills Dr, Murfreesboro3 beds, 2 full, 1 part bathsListed with Royal Properties Realty Co. Inc.
$310,000 : 1357 Stewart Creek Rd, Murfreesboro5 beds, 3 full, 1 part bathsListed with Bob Parks Realty
$207,990 : 2904 Shellsford Circle, Murfreesboro4 beds, 2 full, 1 part bathsListed with Fox Ridge Homes
$205,990 : 2520 Parkwood Dr, Murfreesboro3 beds, 2 full, 1 part bathsListed with Fox Ridge Homes
$272,900 : 2628 Jim Houston Ct, Murfreesboro3 beds, 3 full, 1 part bathsListed with Exit Realty Bob Lamb & Associates
$179,900 : 1403 California Dr, Murfreesboro3 beds, 2 full bathsListed with Bob Parks Realty
$224,500 : 647 Fleming Farms Dr, Murfreesboro3 beds, 2 full bathsListed with Exit Realty Bob Lamb & Associates
$194,900 : 4113 Avalon Pl, Murfreesboro5 beds, 3 full bathsListed with RE/MAX Choice Properties
Listing information deemed reliable but not guaranteed. Read full disclaimer.