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Franklin TN Homes Sales Increase 52 Percent in June
Franklin Tn HomeFranklin Tn Homes for sale and June 2013 market report - sales increased 52 percent in June of 2013 compared to the previous June with 255 homes sold compared to 175. The median prices of Franklin homes sold increased 12% from $355,000 to $396,868 and the median size of homes sold decreased 1% to 2912 square feet. These are all great numbers for home sellers and should be a wake up call for buyers, because prices of Franklin Tn homes are rising fast.
  • 255 Franklin Tn homes sold in June compared to 175 last year, an increase of 52%
  • the median price of homes sold in Franklin Tn increased 12% to $396,868
  • median days on market for homes sold was 54 days
  • 294 Franklin TN homes are currently pending sale
  • 756 Franklin Tn homes are listed in the Nashville MLS as available for purchase
  • the absorption rate of Franklin Tn homes based on May sales and current inventory is 2.8 months
  • The median list price to sales price ratio for the month of May was 99%
  • the median price per square feet of sold homes in Franklin was $137

  These statistics should tell everyone that Franklin real estate is in a sellers market, and prices are rising quickly. For Franklin home owners who are considering a move, now would be an excellent time to consider your options.

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Published Friday, July 05, 2013 4:51 PM by larry Brewer

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