Franklin TN Homes for Sale and April 2013 Market Report

Franklin Tn Homes for sale and April 2013 market report – sales increased 27 percent in April of 2013 compared to April of 2012 with 174 homes sold compared to 137. The median prices of Franklin Tn homes sold increased 6% from $341,000 to $362,000 and the median size of homes sold remained basically the same at 2842 last year compared to 2850 this year. These are all great numbers for home sellers and should be a wake up call for buyers, because prices of Franklin Tn homes are rising fast.

174 Franklin Tn homes sold in April compared to 137 last year, an increase of 27%
the median price of homes sold in Franklin Tn increased 6% to $362,000
median days on market for homes sold was 53 days
336 Franklin Tn homes are currently pending sale
751 Franklin Tn homes are listed in the Nashville MLS as available for purchase
the absorption rate of Franklin Tn homes based on March Sales is 4 months
The median list price to sales price ratio for the month of March was 99%
the median price per square feet of sold homes in Franklin was $127

The most popular Franklin neighborhoods based on sales for March were

Westhaven with 18 sales
Fieldstone farms with 8 closings
Mckays Mill with 8 closings
Ladd Park with 7 closings
Sullivan Farms with 7 closings
Franklin Green with 6 closings

These statistics should tell everyone that Franklin real estate is in a sellers market, and prices are rising quickly. For Franklin home owners who are considering a move, now would be an excellent time to consider your options.

Search for Franklin Tn homes for sale here