Franklin Real Estate Market - View Franklin Real Estate Market Trends in Tennessee

Winter 2012 Market Update It is a wonderful time to buy. Prices are lower than ever and there are more homes on the market than ever in the past. Call us today for all your real estate needs.
Average Home Price	$375,000 - View Graph Trend

Average Price Compared to Last Year	Down 5-10%

Average Time on Market	More than 120 days

Best Selling Price Range	$300,000 - $349,000

Worst Selling Price Range	$450,000 - $499,000

Prices As % of Asking Price	90-95%

Existing Home Prices for the past 90 days are?	Decreasing

Market Trend	Increasing

Buyers’ or Sellers’ Market	More sellers than buyers

Buyer Activity for the past 90 days in Franklin is	Increasing

Seller Activity for the past 90 days in Franklin is?	No Change

Multiple Offers?	No

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?	5-10%

Is Financing Available For Qualified Buyers?	Yes

Housing Inventory	Good supply - Some Prices

Greatest Activity	Repeat Buyers

Reason to Buy/Sell	Job Growth

Nearest Metro Area	Nashville

Housing Hot Spots	Sullivan Farms, Polk Place, Laurel Cove, Avalon, Forest Crossing, Founders Pointe, Buckingham Park, Cottonwood, Fieldstone Farms, Leipers Fork, Ladd Park, McKays Mill, Polk Place, Oakwood Estates, Westhaven, Keystone, Gateway Village, Temple Hills, Historic Frankiln, Willowsprings, Carlisle, Natchez Trace, Garden Club Estates, Laurel Hill, Belle Vista, Henley, McLemore Farms, Legends Ridge, River Landing, Watkins Creek, Durham Manor, Belle Chase Farms, Laurelbrooke, Hourstbourne, Stream Valley,

Average Sold Price	$375,000 - View Graph Trend

Franklin Local News

The Tax Credit is ending! - Wednesday September 16th, 2009 12:11pm
The $8,000 tax credit will be no good if you do not close on a home before November 30th, 2009. Call us today, there is still time!

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Shane Powell

615-604-8207

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September 2009 (1)

Mortgage Rates

– Feb 13th, 2012 –
---------------------------------

30 yr. fixed rate: 3.89%
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%

Home Values

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Sluggish housing market in line for a better 2012, according to quarterly survey

The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.

The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.

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Franklin Real Estate Market Trends – Tennessee

Franklin Real Estate Market Conditions and Trends