Franklin Tn Homes June 2015 market update - 206 Franklin Tn homes closed during the month of May compared to 180 for the same month last year, an increase of 15%. The median price of homes sold in Franklin during the month was $450,818 compared to $403,338 for May of 2014, an increase of 12%. The absorption rate based on May sales and the current inventory is 3.5 months, and the median days on market for sold homes is 47 days. A lot of Franklin TN homes are now getting multiple offers the first day on market, and a good buyers agent is critical to having a chance to compete for the better homes.- the median list price to sales price ratio for Franklin Tn Homes in May was 100%
- 370 Franklin TN homes are pending at this time
- 725 Franklin TN homes are currently listed in the Nashville MLS as available for purchase, but many are already under contract
- the absorption rate based on May sales is 3.5 months
For the most-up-to-date information on Franklin TN homes values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes in Franklin and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin real estate comes on the market or price reductions in Franklin real estate is 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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