Franklin TN homes for sale – The lock down due to the Wuhan virus scare had a large impact on sale of homes in Franklin TN during the month of May where closings were down by 33% compared to the same month last year. Do not be mislead into thinking it had any impact on the prices of homes, because the average price per square foot of homes sold went up 3% to $210. Pending sales are very strong at this point and it looks like the summer will be very active.
- 531 Franklin TN homes are currently listed in the Nashville MLS for purchase at this time
- 189 homes closed during the month of May, down 33% from last year
- 398 homes are currently under contract at this time
- the average sales price for Franklin TN homes sold during the month of May was $609,043 at $210 per square foot
- the list price to sales price ratio for May was 99%
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