Franklin Tn homes April 2014 – The median price of homes sold during the month  of March was up 9% compared to the previous march at at $428,350. The average sales price was up 11.4% to $472,150. The absorption rate based on March sales and available homes for sale is 5 months.

• 158 Franklin TN homes sold in March compared to 164 during the same month last year
• the average sales price of homes sold was $472,150 compared to $423,800 last year
• the list price to sales price ratio averaged 98%
• the average size of homes sold was 3173 square feet making the average price per square feet $149
• 268 Franklin TN homes are currently pending sale
• 662 Franklin  homes are currently listed in the Nashville MLS as available for purchase

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