Murfreesboro Homes Sales Increase 23 Percent in October

Murfreesboro Homes Sales increased 23% in October compared to October of 2011 – with 203 closings compared to 165 last year. Prices continue to rise with the average price of Murfreesboro homes sold at $180,218 compared to $172,298 last year, an increase of 4.6%. If you plan to buy a Murfreesboro home, just be aware that the prices are rising, and waiting is probably going to cost you money.

203 Murfreesboro homes sold in October compared to 167 last year
the average sales price was $180,218 compared to $172,298 last year an increase of 4.6% year over year
days on market is down to 66 days
273 Murfreesboro homes are currently pending sale
1038 Murfreesboro homes are listed in the Nashville MLS as available for purchase
the absorption rate of Murfreesboro homes based on October sales is 5 months
the list price to sales price ratio is 98%

Murfreesboro is located 30 miles east of Nashville and is home to Middle Tennessee state university, the largest in the state.

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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.

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.