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Murfreesboro Homes for Sale – June 2021

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Murfreesboro homesMurfreesboro homes are very popular and selling fast.  The average days on market is down to 6 days and the list price to sales price ratio is 102%. Most homes have multiple offers the first day on market.

  • 425 Murfreesboro homes sold during the month of May compared to 422 for the same month of 2020
  • 1203 homes are currently pending sale most are new construction homes waiting to be finished
  • 126 Murfreesboro homes are listed in the Nashville MLS as available for purchase
  • the average size of homes sold during the month of May was 2273 square feet
  • the list price to sale price ratio of homes sold was 102%
  • the absorption rate is currently less than 1 week
  • The average price of Murfreesboro homes sold during the month was $374,567 compared to $304,910 last year an increase of 22.8%
  • The average price per square foot of homes sold was $168, an increase of 17% year over year

Search for Murfreesboro homes for sale here. See the top Murfreesboro neighborhoods here 

For the most-up-to-date information on Murfreesboro home values , then we urge you to contact us. We can assist you with all aspects of buying or selling property in this and other areas in the Nashville MLS. Also ask to be placed on an instant notification system when any new homes come on the market or price reductions are posted.

Murfreesboro Tennessee is located approximately 30 miles southeast of Nashville and is home to the largest university in Tennessee in Middle Tennessee State University. Now one of the fastest growing cities in the Nashville area, Murfreesboro has plenty of recreation activities, low taxes, and easy interstate access to I-24 and I-840, many Murfreesboro home owners commute to downtown Nashville, Cool Springs, or Brentwood.

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 6/16/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Homes for Sale in Spring Hill TN – June 2021

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Spring Hill homes for sale and March 2021 Market Report –   With most homes getting multiple offers the first day on market. 126 homes sold in March and only 82 homes are currently available for purchase

  • The average price of homes sold in Spring Hill during May increased 29% to $482,814 compared to $373,655  last year
  • The list price to sales price ratio of sold homes was 104.1% for the month
  • 33 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
  • 319 homes are currently under contract pending sale, most are new homes waiting for completion
  • the average price per square foot for Spring Hill homes sold during the month of May was $180 compared to $154 for the same period last year, an increase of 16.8%

Inventory levels are extremely low right now and most homes have multiple offers the first day on market, so representing buyers now requires very aggressive tactics. Selling homes to get the most money for sellers is different and legally dealing with multiple offers in a fair way is something that experienced agents are earning their pay.

Homes in Spring Hill TN are now averaging $170 per square foot compared to $242 in Franklin. so the homes are still a significant bargain for Williamson county

Search for Spring Hill TN homes for sale here.

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For the most-up-to-date information on Spring Hill TN homes, 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 Spring Hill listings come on the market or price reductions in Spring Hill TN homes are posted.

To see the new listings at Brixworth Seven click here

information on this page is based on information on Spring Hill real estate in Williamson county per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. 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 6/16/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Nashville Real Estate – June 2021

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Nashville real estate for sale and May 2021 market report – You may have heard that it’s a very hot market, and it’s true. Home sales are up 40% and inventory is down 53%. Most new construction is under contract before it’s even started, and any new listings are usually sold the first day on market, usually with multiple offers.

Here are a few of the highlights for Nashville area homes

  • 3214 homes sold in Nashville for May compared to 2759 for the same month last year
  • the median sales price for Nashville homes was $400,000 up 21.6% year over year
  • the number of available listings dropped 64% to 2557
  • the absorption rate based on April home sales is 1 month
  • 586 Nashville condos sold during the month an increase of 55% over May 2020
  • the median sales price of Nashville condos was $277,900 and increase of 23% year over year

 

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(all data current as of 6/16/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

 

Franklin TN Homes for Sale – June 2021 Update

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Franklin TN homes for sale – Franklin TN HomeThe sellers market continues in Franklin with only 82 active listings on the day I wrote this compared to 1198 last year. We had 220 closings for the month of May giving us an absorption rate of less than one month. 

  • 220  Franklin TN homes sold during the month of May 2021 
  • 82 homes are currently listed for sale compared to 1198 for the same period last year 
  • 276 homes are currently under contract
  • the median sales price for Franklin homes sold during the month of May was $733,434 compared to  $569,500 last year an increase of 28%
  • the median price per square foot for homes sold was $235 compared to $194 last May an increase of 21%
  • the list price to sales price ratio for homes sold in May was 102.31%

Search for Franklin TN homes for sale here

information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. View the top Franklin neighborhoods 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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(all data current as of 6/16/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

2048 Keene Circle is Sold

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Wades Grove HomeWades Grove – 2048 Keene Circle is sold. The original owner raised 4 children in this Williamson county home and after the youngest one moved away he said it was time for a change. With all brick John Maher builders construction the home required very little maintenance over the years, and the home inspection came back with no repairs after 15 years of ownership. The home had many offers and closed at $550,000. If you are looking to move to Spring Hill, give me a call I help buyers and sellers get the most out of this quickly changing environment.

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Search for Wades Grove homes for sale here

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(all data current as of 6/16/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Nashville Real Estate For Sale and Market Report April 2021

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Nashville real estate for sale and April 2021 market report – You may have heard that it’s a very hot market, and it’s true. Home sales are up 40% and inventory is down 53%. Most new construction is under contract before it’s even started, and any new listings are usually sold the first day on market, usually with multiple offers.

Here are a few of the highlights for Davidson county

  • the number of closings of single family homes in April was us 40.3% year over year in April to 1101
  • the median sales price for Nashville homes was $395,000 up 15.6% year over year
  • the number of available listings dropped 53.2% to 1522
  • the absorption rate based on April home sales is 1.4 months
  • 340 Nashville condos sold during the month an increase of 77% over last April
  • the median sales price of Nashville condos was $273,000 and increase of 20% year over year

One of the oldest rules in business is in play here, they law of supply and demand. We have very high demand here in Nashville with lots of businesses relocating from unfriendly business environments and we have the work from home crowd deciding that they need more space if they are going to work from home. That covers the demand side. Now on the supply side, we have a 53% reduction of listings compared to the same period last year. New home builders cannot get supplies and the ones they do get may cost 3 times what they paid just 12 months ago. Lumber, cabinets, flooring, windows, and appliances are all in short supply.  This leads to extended construction times and higher prices for new homes. To a buyer it means you need a good realtor to help you navigate through the process of building a home, selling the one you have, or just looking to buy your first home. If you aren’t prepared for the bidding wars it can be very frustrating. If you have a house or two, more than likely your equity has gone up 15 to 20% in the last 12 months, I can help you get the most out of your sale.

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(all data current as of 6/16/2021)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 
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