During the 4th Quarter, 2007: (37064) 589 Single Family Properties on market Average square footage 3,492 List Price: $726,319 Days on Market (DOM): 107
During 4th quarter 2007: (37067) 250 Single Family properties on market Average square footage 3,776 List Price: $593,462 Days on Market (DOM): 98
During the 4th quarter 2009 (37069) 190 Single FamilyProperties on market Average square footage 4,296 List Price: $909,060 Days on Market (DOM): 109
A recent GNAR reported November statistics. Their numbers were not encouraging. There were 1,243 closings in November, a decrease of 45 percent from the 2,260 closings reported in November of 2007.
Year-to-date closings are 22,824, a decrease of 29 percent from the 32,112 closings for the same period in 2007.
The median price for a single-family residence was $165,000 and $150,000 for a condominium, compared with median prices of $179,900 and $167,035 respectively in November 2007.
Inventory is currently at 23,467, compared with 22,301 at this time last year.
Please visit www.iSellNashvilleRealEstate.com for a FREE Relocation packet and to search for Franklin, TN Homes.
ZIP Codes: 37064, 37065, 30767, 37068, 37069 Approximate Location Boundaries: Franklin
Location Characteristics: Located 22 Miles S.W. of Nashville the city of Franklin has grown from a very small, agricultural community into a strong blend of residential, commercial and corporate citizens. The City of Franklin has a positive, national reputation reflecting safe, clean, attractive residential neighborhoods, an economically viable downtown, and the emerging, nationally-known Cool Springs area.
We say it all the time - the best of both worlds can be found in Franklin - "small town charm and big city sophistication."
About Lucy Bottorff:
Client satisfaction is one of Lucy's primary goals. Lucy is a local native and is very familiar with the trends and motions of the local markets. Friendly and helpful...Call Lucy today!
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
