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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.


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


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