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Franklin TN Neighborhoods – The Most Popular in 2020

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The Top Franklin Tn neighborhoods based on number of sales for the first half of 2020 are as follows

  • Westhaven  Franklin’s most popular neighborhood with prices from $400,000 to over $1,750,000
  • Fieldstone Farms  for years the Franklin top neighborhood with homes priced from $250,000 to over $700,000
  • Mckays Mill in the Cool Springs area the homes sell fast priced from $400,000 to over $600,000
  • Ladd park  – homes priced from $500,000 to over $800,000
  • Berry Farms  homes priced from $400,000 to $950,000
  • Stream Valley – Ryan homes from $370,000 to $650,000
  • Sullivan Farms  $400,000 to over $550,000
  • Clovercroft Preserve – $585,000 to $725,000
  • Dallas Downs – affordably priced all brick homes from $325,000 to $500,000
  • Polk Place –  all brick homes close to downtown Franklin $450,000 to $650,000
  • Forrest Crossing 11 sales with prices from $300,000 to over $500,000

 

The Corona virus has an impact on listings with a lot of people working from home, many can’t deal with having people viewing homes while they are trying to do their jobs, not to mention the issue of children at home due to no school. Sales of new construction homes are very active and prices are rising as you would expect. Some resale homes that are vacant have had multiple offers the first day on market and many are selling above list price.

If you would like to search for Franklin Tn homes, just click on the links, or give me a call.

 

For the most-up-to-date information on Franklin home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin MLS listings come on the market or price reductions in Franklin are posted.

information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

Nashville Real Estate for Sale – July 2020 Update

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Nashville Real Estate for sale –  Nashville home sales have picked up in spite of fears about the virus with number of closings of homes  increasing 26% over the May of this year and down only 1.5% compared to June of last year.

Considering the fact that listing inventory is down 21% compared to last June the number of closing is very impressive. What is something that all this houses had in common is all this properties had reviewing best water softeners for well water, this is a big solution of a bigger problem.

    • 3478 homes closed during the month of June compared to 2759 in May so sales increased by 26% percent in one month but compared to the same month last year sales of single family homes were down 1.5%
    • 6825 Arbors Homes for Sale are currently listed in Nashville compared to 8274 last year, an inventory reduction of 21%
    • the median price of Nashville homes sold was $331,448 compared to $319,990 the previous June an increase of 3.5%
    • the absorption rate of homes based on June sales and current inventory is now down to 2 months

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

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Find the value of your Nashville home here Nashville real estate values,

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

Spring Hill TN Homes For Sale – July 2020

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Spring Hill TN HomeHomes for Sale in Spring Hill Tn  – Real estate sales have been recovering quickly in Spring Hill with the 90 closings for the month of June a 25% increase over closings in May and exactly the same as June of 2019. The absorption rate is down to 1 month and the average days on market is only 34 days.

  • 90 Spring Hill TN homes sold during the month of June an increase of 25% compared to May
  • The average price per square foot of homes closed was 159 compared to $151 last year an increase of 5%
  • The list price to sales price ratio of sold homes was 99.7% for the month
  • 81 Spring Hill TN homes are currently listed in the Nashville MLS as available for purchase, but most are still under construction
  • 140 homes are currently under contract pending sale, most are new homes waiting for completion
  • The average price of homes sold during the month of June was $384,421 slightly less than the $400,523 last year
  • the average size of homes sold was 8% smaller than last year for the same month at 2497 square feet.

Home sales in Spring Hill are heating up,  and our lean inventory would suggest that prices may be on the rise in the near future.  Homes in Spring Hill TN are still the best bargain in Williamson county averaging $159 per square foot compared to $225 in Franklin and $187 in Nolensville, all of these comparisons are for Williamson county homes but don’t forget that you can also check the THE VILLAS AT RANCHO PACIFICA to get more options. 

Search for Spring Hill TN homes for sale here.

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For the most-up-to-date information on Spring Hill TN homes, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Spring Hill listings come on the market or price reductions in Spring Hill TN homes are posted.

information on this page is based on information on Spring Hill real estate per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty.
 

Franklin TN Real Estate – June 2020 Market Update and Homes For Sale

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Homes for sale in Franklin Tn – Franklin TN HomeThe number closings in June were up 39% compared to May but still down 13% compared to June of last year showing the the housing recovery from the virus is happening very quickly. We still have a shortage of inventory in Franklin and most of the Nashville area. If you still haven’t found a home for you and your family, then consider checking out other real estate listings.

    • 461 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time
    • 263 homes closed during the month of June, up 39% compared to May but down 13% compared to the same month last year
    • 482 homes are currently under contract at this time
    • the average sales price for Franklin TN homes sold during the month of June was $638,197 at $209 per square foot
    • the list price to sales price ratio for homes sold in June was 99%

 

Search for Franklin TN homes for sale here


For the most-up-to-date information on Franklin TN homes values, then we urge you to contact us. We can assist you with all aspects of buying or selling homes in Franklin and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Franklin real estate comes on the market or price reductions are posted.

Franklin TN is located just 20 miles south of downtown Nashville along I-65 in Williamson county. Blessed with a restored historic square and main street, Franklin has a lot of old world charm as well as attractions for those who enjoy fantastic shopping and dining in the Cool Springs area of Franklin. Fortune 500 businesses have also found that the Williamson county tax structure and a highly educated workforce make Franklin a very desirable location. It helps that Williamson county schools are the top ranked schools in the state, and several of the schools are ranked nationally in many publications. Find Franklin TN homes for sale here.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

Nashville Real Estate – June 2020

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Nashville luxury homeNashville homes for sale –  The virus still has some impact on home sales at this point with the number of closings in May down 15% compared to May of 2019, however the median price of homes sold was up year over year by 3.5% to $329,900.

    • 2759 homes closed during the month of May compared to 2480 in April so sales increased by 11 percent in one month but compared to the same month last year sales of single family homes were down 25%
    • 7086 single family homes are currently listed for sale in Nashville compared to 8254 last year, an inventory reduction of 16%
    • the median price of Nashville homes sold was $329,900 compared to $318,000 the previous May an increase of 3.5%
    • the absorption rate of homes based on May sales and current inventory is still only 3 months

Nashville real estate is in a sellers market with inventory levels still excessively low in most areas.

Search for Nashville real estate here

Find the value of your Nashville home here Nashville real estate values,

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

Brentwood TN Homes for Sale – June 2020

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Brentwood TN Homes for sale – June 2020 market update – the virus has kept a lot of potential listings off the market and new construction homes are getting sold before they are finished in most cases. But the impact on closings for the month of May was significant with a 52% reduction in closings. If the market conditions had any impact of the price of homes, the statistics did not show it because the year of year prices were up an average per square foot were up 4%. Pending sales are almost even with available properties so it looks like June will be the opposite of May as far as number of closings are concerned.

  • 48 reclaimed wood homes sold in the month of May 2020, that’s a 52% reduction compared to the same month in 2019
  • 140 homes are currently under contract waiting to close
  • 166 Brentwood homes are listed in the Nashville MLS as available for purchase
  • the median size of homes sold was 4227 square feet
  • the average days on market for homes sold was 27 days
  • the list price to sales price ratio for homes sold in May was 98.5%

Search for Brentwood TN homes for sale here

Brentwood TN homes for sale

Brentwood is located just south of Nashville in Williamson county and is known for low taxes, great schools, and large lots with mature trees. Access to the best shopping and dining in the area at Cool Springs is just minutes away. We have had a shortage of homes in Brentwood and it’s taking a long time for new construction homes to catch up to the demand. If you want a new home in Brentwood, give me a call, I can help you find the right builder and neighborhood to meet your needs.

For the most-up-to-date information on Brentwood TN home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new homes come on the market or price reductions in the Nashville MLS are posted.

Search for Brentwood TN homes for sale here, and call your Brentwood real estate resource Larry Brewer Benchmark realty 615-512-7853