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Franklin TN Market Report - Home Sales Statistics Summer 2012

Franklin TN Market Report - Home Sales Statistics Summer 2012

Franklin TN Market Report - Summer 2012 Sales statisticsThe market has shifted in some more modest price ranges in Franklin TN.   Affordable homes are in great demand in much of Williamson County.  In Franklin, we currently have a Sellers market in lower price ranges around $200,000.   As prices rise, the months of inventory also go up and result in a neutral market around $300,000.  It is a buyers market in the higher price ranges as there are fewer buyers who can afford to buy as the price goes up.  Here are sales statistics for site built homes in Franklin for the first half of 2012.

  • 741 Franklin TN Homes sold between January through June 2012.

  • The average sale price was $431,136.

  • 883 single family homes are currently active on the market according to the Nashville area MLS.

Franklin TN Real Estate for Sale 

  Active  883 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 780 0 0 0 $69,900 $0 0
AVG 3,721 3.9 3.03 0.85 $706,282 $0 89
MEDIAN 3,306 4 3 1 $453,500 $0 63
MAX 20,430 8 9 6 $25,500,000 $0 1,210
  Closed  741 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 800 0 0 0 $55,900 $42,500 0
AVG 3,067 3.69 2.67 0.78 $431,136 $412,799 82
MEDIAN 2,943 4 2 1 $357,900 $349,900 64
MAX 13,310 9 7 3 $4,999,999 $4,100,000 496
  Pending  222 Properties Found
  Square Feet Bedrooms Full Baths Half Baths List Price Sales Price Days on Market
MIN 1,069 0 0 0 $46,500 $0 0
AVG 3,377 3.89 2.91 0.8 $485,733 $0 58
MEDIAN 3,256 4 3 1 $415,000 $0 63
MAX 9,802 6 6 3 $4,770,000 $0 442

Franklin Tn Real EstateFranklin TN Homes for sale

Remember real estate is local and ever changing so call me, a local expert, to assist you with your real estate buying or selling needs.  Please contact Tiffany White at 615-260-5858 or TiffanyWhite@kw.com.

This post and its contents are the property of Tiffany White with Keller Williams Realty, providing real estate services to FranklinBrentwoodSpring HillNashvilleGreen HillsMurfreesboro and surroundings areas of Middle TN.

Comment balloon 0 commentsTiffany White • July 05 2012 10:12PM
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