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Franklin Real Estate Market Report for July

Franklin real estate - Homes sales for the month of July 2008 were as followsFranklin Real Estate

  • 143 single family homes were sold in Franklin, compared to 160 in 2007
  • 21 Condos were sold in Franklin
  • 5 properties were sold that were land or lots
  • The average price of single family homes sold in Franklin was $419.000
  • The average size of the home was 2956 square ft
  • The average price of land sold in Franklin was $487,000 (15 acres)
  • The average price of sold condo’s was $228,535

In summary, sales of single Family homes in Franklin for the month of July was down from 156 to 143, or a 9 percent decrease.  The average sales price of Franklin real estate decreased from $475,718 to $419,058 or 14 percent. The average size of homes sold in June also decreased 2 percent.

It’s still a market favoring the buyers right now for Franklin real estate, especially in the higher price ranges. To search for Franklin Tn Real Estate, click on the button.

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Published Wednesday, August 6, 2008 6:07 AM by larry Brewer

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