Franklin homes for sale – Franklin homes sales are in an extreme sellers market with the number of closings up 27% during the month of October compared to the same month last year. With inventory levels extremely low, the absorption rate is currently one month.

• • 297 Franklin TN homes sold during the month of October compared to 233 for October of 2019.
  • 228  homes are currently listed for sale many are not completed homes
  • 563 Franklin homes are currently under contract at this time
  • the median sales price for Franklin TN homes sold during the month of October was $597,355 at $205 per square foot up 7.8%
  • the list price to sales price ratio for homes sold in October was 99.4%
  • the average days on market is down to 30 days

 

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

 

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.

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%

 

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