Franklin TN had a total of 761 Residential properties that sold and closed from the time period of June 15th, 2011 through December 15th 2011. Closed sales are properties that have sold and that the transaction between the buyer and the seller is complete.
The City of Franklin is the County Seat Williamson County and is just a short drive from downtown Nashville and has a very diverse economy and offers residents wonderful choice of social, dinning and family activities. Just to the south of Nashville and Brentwood, many people find Franklin to be a great place to call home. Many types of opportunities for work can be found in and around Franklin and the area enjoys a diverse economic base.
Courtesy Of Real Tracs:
Closed 761 Properties Found Franklin TN Real Esate Franklin TN Sold Homes | |||||||
Square Feet | Bedrooms | Full Baths | Half Baths | List Price | Sales Price | Days on Market | |
MIN | 288 | 0 | 0 | 0 | $30,000 | $28,000 | 0 |
AVG | 3,098 | 3.66 | 2.66 | 0.78 | $418,118 | $400,651 | 91 |
MEDIAN | 2,933 | 4 | 2 | 1 | $364,900 | $355,000 | 75 |
MAX | 15,506 | 8 | 12 | 4 | $3,895,000 | $3,227,700 | 562 |
We can now break these numbers down to four averages and a list price to sales price ratio: The chart shows that Franklin sold properties from June 15th, 2011 through December 15th, 2011 were listed for an average price of $418,118, with an average list price per square foot of $134.96. The average day's on market for these sold properties were 91. The average price that properties actually sold for were $400,651, with this information we can see that the properties sold for 95.8% of the asking price. The median number's are a reflection of half of the homes higher and half of the homes being lower in each category.
Read More Informational Blogs About Franklin TN Happenings & Real Estate
Interest rates are at historic lows, and now is the time to buy. If you are selling your home give us a call and let us show you how to come out on top in this market. Waiting for the market to change will cost your buyers more to borrow money and price some of them out of your market, as well as cost you more when you buy your next home.
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