Franklin Home Sales Increased 32% in December of 2011

Franklin Homes sales increased 32 percent in December of 2011 compared to 2010 with 128 homes sold compared to 97. The median price of Franklin homes sold was up 8 percent at $387,500 compared $356,458. With 643 Franklin homes currently listed in the Nashville MLS as available for purchase, the absorbtion rate is now at a little more than 5 months swinging to a much more favorable sellers market. 106 Franklin homes are currently pending and another 48 under contract. It doesn’t take a brain surgeon to understand what this means, if you are a Franklin home buyer, you negotiation leverage is quickly disappearing, If  you are a seller of Franklin homes, you have a much better opportunity to get a good price for your home now than you did last year.

• 128 Franklin homes sold in the month of December 2011 compared to 97 the previous December
• the median price of Franklin homes sold for the month increased 8 percent to $387,500
• the absorbtion rate is now 5 months
• 643 Franklin homes are currently listed and available for purchase
• 154 Franklin homes are currently under contract

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For the most-up-to-date information on Franklin 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 Franklin MLS listings come on the market or price reductions in Franklin are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Franklin or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

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.