Franklin Homes Sales for January 2012

Franklin Homes Sales for January 2012 – What is normally considered a very slow month for real estate wasn’t slow at all with 72 closing for the month. If you’ve been reading my updates, you probably know that the availability of Franklin homes has been declining for some time now to the point where it’s difficult to find a good home before it’s under contract. This is part of the normal real estate cycle, and in the past, builders come in and built new Franklin homes to meet the demand.

I don’t believe that they can do that this time, because most of the builders went out of business in the last market decline. The ones that remain are very conservative, so I think that new home construction will lag behind demand for a long time.

72 Franklin homessold in January
the average sales price was $441,532 compared to $388,172 last year, an increase of 14 percent
Days on market for sold homes is down to 89 days
average size of homes sold was 3041 square feet
126 Franklin homes are currently pending sale plus another 82 under contract
636 Franklin homes are currently listed in the Nashville MLS as available for purchase
the absorption rate for Franklin homes based on January sales is 8 months

The average price of Franklin homes is going up because most of the more affordable homes have been purchased and now buyers have choices of new construction homes that cost as much as ever and homes that not being sold under financial stress. Meaning that it’s much harder to find a deal than most people think. In fact it would be in your best interest to find the home you really like and buy it knowing that it will still be a fair price because of the appraisal process, and you are getting the deal on the mortgage side of the transcation. With interest rates sometimes below 4 percent, the affordability of Franklin homes has never been lower.

Search for Franklin homes here

Showing properties 1 - 50 of 485. See more Franklin.
(all data current as of 2/9/2012)

$294,500 : 708 Sir Winston Pl, Franklin

3 beds, 2 full, 1 part baths

Home size: 2,510 sq ft

Lot size: 13,939 sq ft
$209,000 : 219 Jennette Pl, Franklin

3 beds, 2 full baths

Home size: 1,396 sq ft

Lot size: 12,196 sq ft
$5,500,000 : 600 Boyd Mill Ave, Franklin

5 beds, 3 full, 1 part baths

Home size: 6,950 sq ft

Lot size: 12.45 ac
$389,900 : 258 Noah Dr, Franklin

4 beds, 3 full, 1 part baths

Home size: 3,294 sq ft

Lot size: 9,583 sq ft
$659,000 : 1488 Coleman Rd, Franklin

3 beds, 3 full, 1 part baths

Home size: 3,502 sq ft

Lot size: 9.20 ac
$540,000 : 750 Springlake Dr, Franklin

5 beds, 4 full, 1 part baths

Home size: 4,127 sq ft

Lot size: 9,583 sq ft
$1,299,000 : 614 Prince Valiant Ct, Franklin

4 beds, 4 full, 1 part baths

Home size: 4,926 sq ft

Lot size: 22,215 sq ft
$204,000 : 412 Alicia Dr, Franklin

3 beds, 2 full, 1 part baths

Home size: 1,550 sq ft
$524,900 : 449 Tinnan Ave, Franklin

4 beds, 3 full, 1 part baths

Home size: 3,364 sq ft

Lot size: 15,681 sq ft
$465,000 : 417 Misty Ct, Franklin

4 beds, 4 full, 1 part baths

Home size: 3,464 sq ft

Lot size: 10,890 sq ft
$524,000 : 345 Sliders Knob Ave, Franklin

5 beds, 4 full, 1 part baths

Home size: 3,875 sq ft

Lot size: 25,264 sq ft
$244,000 : 314 Byron Way, Franklin

2 beds, 2 full, 1 part baths

Home size: 1,404 sq ft

Lot size: 2,178 sq ft
$385,000 : 1124 Waverly Pl, Franklin

4 beds, 2 full, 1 part baths

Home size: 3,384 sq ft

Lot size: 9,583 sq ft
$372,000 : 223 Bancroft Cv, Franklin

4 beds, 3 full, 1 part baths

Home size: 3,179 sq ft

Lot size: 12,632 sq ft
$269,900 : 505 MAPLEGROVE CT, FRANKLIN

4 beds, 2 full, 1 part baths

Home size: 2,372 sq ft
$899,900 : 1541 Championship Blvd # 1084, Franklin

6 beds, 5 full baths

Home size: 4,550 sq ft

Lot size: 85.00 ac
$449,944 : 1352 BARKLEIGH LANE, Franklin

4 beds, 3 full, 1 part baths

Home size: 3,468 sq ft

Lot size: 10,890 sq ft
$1,070,000 : 386 Lady Of The Lake Ln, Franklin

6 beds, 6 full, 1 part baths

Home size: 6,437 sq ft

Lot size: 43,560 sq ft
$4,770,000 : 4008 Carters Creek Pike, Franklin

5 beds, 5 full, 2 part baths

Home size: 9,503 sq ft

Lot size: 52.76 ac
$314,500 : 432 Galloway Dr, Franklin

4 beds, 3 full baths

Home size: 2,690 sq ft

Lot size: 8,712 sq ft
$214,900 : 2106 Melody Dr, Franklin

3 beds, 2 full baths

Home size: 1,346 sq ft

Lot size: 7,405 sq ft
$407,500 : 414 Cross Creek Ct, Franklin

4 beds, 3 full, 1 part baths

Home size: 3,780 sq ft

Lot size: 1.03 ac
$539,000 : 321 Starling Lane, Franklin

4 beds, 3 full baths

Home size: 3,337 sq ft

Lot size: 7,840 sq ft
$739,000 : 3417 Stagecoach Dr, Franklin

5 beds, 5 full, 1 part baths

Home size: 6,375 sq ft

Lot size: 20,037 sq ft
$348,600 : 1540 Liberty Pike, Franklin

5 beds, 4 full baths

Home size: 3,215 sq ft

Lot size: 7,840 sq ft
$314,900 : 488 ESSEX PARK CIRCLE, Franklin

3 beds, 2 full, 1 part baths

Home size: 2,538 sq ft

Lot size: 7,840 sq ft
$294,800 : 629 Prince Charles Way, Franklin

4 beds, 2 full, 1 part baths

Home size: 2,619 sq ft

Lot size: 19,166 sq ft
$599,999 : 1021 Whitehall Dr, Franklin

5 beds, 4 full, 1 part baths

Home size: 3,982 sq ft

Lot size: 42,253 sq ft
$299,500 : 3133 Southall Rd, Franklin

3 beds, 2 full baths

Home size: 2,016 sq ft

Lot size: 1.94 ac
$264,900 : 200 Kensington Pl, Franklin

3 beds, 2 full, 1 part baths

Home size: 2,486 sq ft

Lot size: 23,522 sq ft
$789,630 : 106 Mayberry Court, Franklin

5 beds, 4 full, 1 part baths

Home size: 4,207 sq ft

Lot size: 10,890 sq ft
$249,900 : 1874 Brentwood Pointe, Franklin

3 beds, 2 full, 1 part baths

Home size: 1,684 sq ft
$207,000 : 1852 Brentwood Pointe, Franklin

2 beds, 2 full, 1 part baths

Home size: 1,584 sq ft
$269,000 : 4030 Arno Rd, Franklin

3 beds, 2 full baths

Home size: 1,764 sq ft

Lot size: 3.89 ac
$327,500 : 1419 Marrimans Ct, Franklin

4 beds, 2 full, 1 part baths

Home size: 3,005 sq ft

Lot size: 10,890 sq ft
$850,000 : 306 Berry Cir, Franklin

4 beds, 4 full baths

Home size: 3,800 sq ft

Lot size: 11,325 sq ft
$489,900 : 105 Lanes End Dr. #53, Franklin

5 beds, 4 full baths

Home size: 3,823 sq ft

Lot size: 12,196 sq ft
$799,900 : 1312 State Blvd, Franklin

5 beds, 4 full, 1 part baths

Home size: 5,047 sq ft

Lot size: 10,018 sq ft
$219,900 : 709 W Statue Ct, Franklin

3 beds, 2 full, 1 part baths

Home size: 2,128 sq ft

Lot size: 10,890 sq ft
$749,900 : 1154 Echo Ln, Franklin

4 beds, 3 full, 1 part baths

Home size: 4,546 sq ft

Lot size: 1.01 ac
$2,200,000 : 478 Cotton Lane, Franklin

5 beds, 5 full, 1 part baths

Home size: 6,017 sq ft

Lot size: 18.72 ac
$243,900 : 1411 Clairmonte Circle, Franklin

3 beds, 2 full, 1 part baths

Home size: 2,200 sq ft

Lot size: 5,662 sq ft
$219,500 : 3204 Gardendale Dr, Franklin

3 beds, 2 full, 1 part baths

Home size: 1,496 sq ft

Lot size: 5,227 sq ft
$259,900 : 1140 Culpepper Cir, Franklin

3 beds, 2 full, 1 part baths

Home size: 2,507 sq ft
$435,000 : 2607 Tattinger Ct, Franklin

4 beds, 3 full baths

Home size: 3,426 sq ft

Lot size: 1.20 ac
$374,900 : 168 Riverwood Dr, Franklin

9 beds, 3 full baths

Home size: 3,259 sq ft

Lot size: 11,325 sq ft
$372,500 : 368 Logans Cir, Franklin

4 beds, 3 full baths

Home size: 3,127 sq ft

Lot size: 10,018 sq ft
$317,000 : 129 SADDLEBRIDGE LANE, Franklin

3 beds, 3 full baths

Home size: 2,271 sq ft

Lot size: 12,196 sq ft
$534,900 : 1464 Bernard Way, Franklin

5 beds, 3 full, 1 part baths

Home size: 4,738 sq ft

Lot size: 16,117 sq ft
$349,900 : 147 Wheaton Hall Ln, Franklin

4 beds, 2 full, 1 part baths

Home size: 2,884 sq ft

Lot size: 12,196 sq ft