Franklin homes are still selling at a brisk pace with 100 closings in the short month of February, The average price was $372,609 and the days on market down to 90. Another telling sign that the Franklin real estate market is doing well is the number of pending sales 153, telling me that closings for March should still continue higher.
Franklin homeshave been increasing in price and volume for a year now, and it's showing up in the reduced inventory levels, making it more difficult for buyers to find good choices.
- 100 Franklin homes sold in the month of February 2012 compared to 83 last year, and increase of 20%
- the average sales price of Franklin homes was $372,609 compared to $379,825 last year a decrease of 2%
- 153 Franklin homes are pending sale at a average listed price of $447,189
- the size of homes sold averaged 2786 square feet compared to 3011 last year
- the list price to sales price ratio of Franklin homes in February was 97%
- the absorbtion rate of Franklin homes based on February sales is 7.8 months, very low for this time of year
Historic Franklin Tennessee is located in the center of Williamson county approximately 20 miles south of Nashville and is know for great schools, low crime, low taxes, beautiful historic homes and great shopping and dining.
Search for Franklin homes here or call your Franklin real estate resource Larry Brewer 615-512-7853 
For the most-up-to-date information on Franklin current 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.
Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Nashville foreclosures in Franklin or neighboring communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site. And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.
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.
