Franklin Homes Market Report January 2012 – What is normally considered a very slow month for real estate wasn’t slow at all with 72 closing for the month. If you’ve been reading my updates, you probably know that the availability of Franklin homes has been declining for some time now to the point where it’s difficult to find a good home before it’s under contract. This is part of the normal real estate cycle, and in the past, builders come in and built new Franklin homes to meet the demand. I don’t believe that they can do that this time, because most of the builders went out of business in the last market decline. The ones that remain are very conservative, so I think that new home construction will lag behind demand for a long time.
- 72 Franklin homes sold in January
- the average sales price was $441,532 compared to $388,172 last year, an increase of 14 percent
- Days on market for sold homes is down to 89 days
- average size of homes sold was 3041 square feet
- 126 Franklin homes are currently pending sale plus another 82 under contract
- 636 Franklin homes are currently listed in the Nashville MLS as available for purchase
- the absorption rate for Franklin homes based on January sales is 8 months
The average price of Franklin homes is going up because most of the more affordable homes have been purchased and now buyers have choices of new construction homes that cost as much as ever and homes that not being sold under financial stress. Meaning that it’s much harder to find a deal than most people think. In fact it would be in your best interest to find the home you really like and buy it knowing that it will still be a fair price because of the appraisal process, and you are getting the deal on the mortgage side of the transcation. With interest rates sometimes below 4 percent, the affordability of Franklin homes has never been lower.
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Lot Size3,050 sqft
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Home Size2,123 sqft
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Beds3 Beds
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Baths4 Baths
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Lot Size3.89 ac
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Home Size4,105 sqft
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Beds4 Beds
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Baths4 Baths
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Lot Size13,504 sqft
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Home Size1,922 sqft
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Beds3 Beds
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Baths3 Baths
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Lot Size
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Home Size2,542 sqft
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Beds4 Beds
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Baths4 Baths
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Lot Size11,762 sqft
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Home Size4,540 sqft
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Beds5 Beds
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Baths5 Baths
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Lot Size8,712 sqft
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Home Size3,401 sqft
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Beds4 Beds
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Baths5 Baths
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Lot Size11,326 sqft
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Home Size3,479 sqft
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Beds3 Beds
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Baths4 Baths
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Lot Size8,277 sqft
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Home Size2,545 sqft
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Beds3 Beds
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Baths2 Baths
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Lot Size11,326 sqft
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Home Size3,492 sqft
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Beds4 Beds
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Baths4 Baths
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Lot Size8,712 sqft
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Home Size2,422 sqft
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Beds4 Beds
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Baths3 Baths
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Lot Size1.44 ac
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Home Size2,771 sqft
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Beds3 Beds
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Baths3 Baths
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Lot Size23,958 sqft
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Home Size5,715 sqft
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Beds5 Beds
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Baths7 Baths
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Lot Size31.18 ac
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Home Size5,701 sqft
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Beds5 Beds
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Baths7 Baths
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Lot Size10.11 ac
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Lot Size3,485 sqft
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Home Size3,299 sqft
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Beds4 Beds
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Baths4 Baths
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Lot Size
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Home Size1,249 sqft
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Beds2 Beds
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Baths2 Baths
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Lot Size30,057 sqft
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Home Size1,720 sqft
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Beds3 Beds
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Baths2 Baths
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Lot Size12,197 sqft
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Home Size3,695 sqft
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Beds5 Beds
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Baths3 Baths
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Lot Size10,019 sqft
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Home Size2,822 sqft
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Beds4 Beds
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Baths3 Baths
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Lot Size6,534 sqft
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Home Size5,541 sqft
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Beds5 Beds
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Baths5 Baths
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Lot Size9,584 sqft
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Home Size2,601 sqft
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Beds4 Beds
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Baths3 Baths
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Lot Size2,614 sqft
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Home Size1,935 sqft
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Beds2 Beds
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Baths3 Baths
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Lot Size1,743 sqft
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Home Size2,324 sqft
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Beds3 Beds
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Baths4 Baths
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Lot Size10,890 sqft
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Home Size1,476 sqft
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Beds3 Beds
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Baths2 Baths
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Lot Size17,424 sqft
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Home Size2,133 sqft
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Beds3 Beds
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Baths2 Baths
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Lot Size15,682 sqft
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Home Size1,159 sqft
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Beds3 Beds
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Baths2 Baths
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Lot Size5,663 sqft
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Home Size518 sqft
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Beds1 Bed
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Baths1 Bath
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Lot Size
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Home Size2,661 sqft
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Beds3 Beds
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Baths4 Baths
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Lot Size8.29 ac
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Home Size3,725 sqft
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Beds5 Beds
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Baths4 Baths
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Lot Size
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Home Size1,437 sqft
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Beds2 Beds
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Baths2 Baths
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Lot Size
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Home Size1,146 sqft
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Beds2 Beds
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Baths2 Baths
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Lot Size
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Home Size1,264 sqft
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Beds2 Beds
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Baths2 Baths
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Lot Size50.34 ac
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Home Size1,561 sqft
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Beds1 Bed
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Baths1 Bath
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Lot Size3,485 sqft
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Home Size2,388 sqft
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Beds3 Beds
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Baths3 Baths
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Lot Size9,584 sqft
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Home Size6,299 sqft
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Beds6 Beds
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Baths8 Baths
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Lot Size10,455 sqft
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Home Size952 sqft
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Beds2 Beds
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Baths1 Bath
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Lot Size6,970 sqft
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Home Size2,073 sqft
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Beds4 Beds
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Baths3 Baths
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Lot Size
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Home Size2,997 sqft
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Beds4 Beds
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Baths4 Baths
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Lot Size
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Home Size2,373 sqft
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Beds3 Beds
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Baths4 Baths
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Lot Size4,356 sqft
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Home Size1,091 sqft
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Beds3 Beds
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Baths2 Baths
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Lot Size16,118 sqft
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Home Size2,639 sqft
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Beds3 Beds
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Baths3 Baths
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Lot Size16,118 sqft
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Home Size1,812 sqft
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Beds4 Beds
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Baths2 Baths
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Lot Size12,197 sqft
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Home Size3,587 sqft
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Beds4 Beds
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Baths4 Baths
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Lot Size56.66 ac
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See all Franklin.
(all data current as of
9/23/2023)
Listing information deemed reliable but not guaranteed. Read full disclaimer.