Murfreesboro Homes For Sale And Market Report February 2013 – sales of Murfreesboro homes increased 23% in February of 2013 compared to the same month last year with 194 closings. The average price of Murfreesboro homes increased 11% to $184,937.  Murfreesboro homes are selling quickly, and prices are starting to reflect the competitive market.

• 194 homes sold in Murfreesboro in February compared to 158 last year
• the average days on market is down to 74 days
• the absorption rate for Murfreesboro homes is 4.9 months
• 344 Murfreesboro homes are currently pending sale (wow)
• 960 homes are currently listed for sale in Murfreesboro

Murfreesboro has been for many years one of the fastest growing communities in the country, a lot of the growth is associated with Middle Tennessee State University, but other factors are included in the growth, and one of them is value. You can still purchase a nice home in Murfreesboro for less than it would cost in Franklin or Brentwood, and at the same price as Spring Hill or Mount Juliet. I advise my customers to make the decision based on where you work, and the commute time involved. If you work in downtown Nashville, the right choice might be Murfreesboro, but if you work in Cool Springs, or Hendersonville, Murfreesboro doesn’t seem to be the best option.

Search for Murfreesboro homes for sale here

For the most-up-to-date information on Murfreesboro homes 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 MLS. Also ask to be placed on an instant notification system when any new Murfreesboro homes come on the market or price reductions in Murfreesboro homes 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

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