Franklin TN Market Update May 2014 by Relocation Engineer. We have analyzed the single family Franklin real estate closings for the past 3 months in Franklin TN from Realtracs and compiled this video report for you.
The Franklin market has 5.3 months of inventory with an average of 133 homes selling per month right now. The average home sold was a 3071 sqft home with 3 bedrooms and 3.5 baths for $456,676. This is much smaller and lower priced than the average home that is for sale today. The average unit available is $736,301 for a 3,739 sqft 4 bedroom 3.5 bath home.
The Grumbles Team with Mike Grumbles, your Relocation Engineer can explain all of these numbers to you and as a Buyer they are important to know when making an offer in this competitive market. As a seller this data can help you make the most informed decision on pricing, presentation, and promotion. It can also be used during negotiations and we fell it will get you the best possible pricing for you home. Get in touch with us today at 615-587-5843 to schedule an appointment and have a personalized market study performed for your home.
The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.
EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555
Williamson County Real Estate Agent
Each EXIT Office Independently Owned and Operated