Murfreesboro Homes Market Report for February 2012

Murfreesboro Homes Market Report for February 2012 – As expected, homes sales for Murfreesboro increased 44 percent compared to February 2011 with 156 closing. The sales price is stable with the median price at $155,000 compared to $157,750 last year, and the average days on market is down to 83 days.

Based on February sales the absorbtion rate of Murfressboro homes is now less than 7 months, not really a good sign for buyers who are hoping for a good selection. Even more telling is the 240 Murfreesboro homes that are currently pending sale. The spring and summer months may be very difficult for buyers, because it looks like we are rapidly swinging to a sellers market in Murfreesboro.

• 156 Murfreesboro homes sold in February compared to 108 last year
• the median sales price was $155,000
• days on market is down to an average o 83 days
• 240 Murfreesboro homes are currently pending sale
• 1077 Murfreesboro homes are currently listed in the Nashville MLS as available for purchase

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For the most-up-to-date information on Murfreesboro 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 Murfreesboro MLS listings come on the market or price reductions in Murfreesboro are posted.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Murfreesboro or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Murfreesboro per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.