Franklin Tn Homes Market Report

Franklin Tn Homes sales increased 3% percent in February of 2013 compared to last year. The average and median price of homes in Franklin had a significant increase from $318,619 to $365,500, an increase of 14.7%. If you didn’t know by now, Franklin Tn Homes are in a sellers market.

103 Franklin Tn Homes sold in February 2013 compared to 100 last year
240 Franklin Tn homes are currently pending sale
692 Franklin Tn homes are currently listed in the Nashville MLS as available for purchase
the list price to sales price ratio of Franklin Tn homes was 98%

Franklin Tn homes have been moving at a much faster pace than the Nashville average, and prices have been rising for several years now. In some price ranges and neighborhoods, buyers can expect multiple offer situations and bidding wars have become very common.

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For the most-up-to-date information on Franklin current 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.

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