Murfreesboro Homes Sales Increased 31% in December – You would think that with the holidays, sales of Murfreesboro homes would be slowing down, but it doesn’t seem to be happening. 195 Murfreesboro homes sold in December compared to 149 for the same month in 2011. Prices seem to be creeping up also with the median price up to $173,246, an increase of 6%. Murfreesboro homes are sellling quickly
- 195 homes sold in Murfreesboro in December compared to 149 last year
- the average days on market is down to 67 days
- the absorption rate for Murfreesboro homes is 4.9 months
- 280 Murfreesboro homes are currently pending sale (wow)
- 959 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 homes 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 homes come on the market or price reductions in Murfreesboro homes are posted.
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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(all data current as of 7/28/2014)
$224,500 : 3614 Genoa Dr, Murfreesboro4 beds, 2 full, 1 part bathsListed with Coldwell Banker Snow & Wall
$209,944 : 2126 Ravenwood Dr, Murfreesboro4 beds, 3 full bathsListed with RE/MAX Choice Properties
$287,900 : 3014 Bonaventure Ct, Murfreesboro3 beds, 3 full, 1 part bathsListed with Benchmark Realty, LLC
Listing information deemed reliable but not guaranteed. Read full disclaimer.