Franklin Real Estate Trend Jan 2010
Someone ask me last week if Franklin real estate was starting to move, and if so, what price range is moving best. Because I’m a realtor, I know that the more affordable real estate was moving quicker than the more expensive homes. but just for the people who live with statistics, here is some real data. This information is for the period of 12/28./2009 until 1/28/2010, for homes in Franklin TN.
Prices up to $200,000 in Franklin
From $200,000 to $300,000
136 homes are active and not under contract
31 homes are under contract to sell
16 closed in the last 30 days
From $300,000 to $400,000
From $400,000 to $500,000
From $500,000 to $750,000
From $750,000
As you can, the more affordable homes come under contract a little faster than the luxury Franklin homes. But I was surprised that even up to $500,000 ,30 percent of the homes on the market are have a sales contract.
I predict a very busy spring.
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