Franklin Real Estate Market Extends Weakening in Contracts

Over the last 30 days, the Franklin market had a lift in home sales with 43. But as sales edged up, the number of pending transactions continued to decline, with a total of 32 contracts during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price dropped to $122,000, potentially helping to offset the four months of inventory left to be sold.

You never know when the perfect home may come in the market so take a look at the new listings in Franklin:

$114K   $119K   $145K  

Get started right now by checking out Franklin homes for sale or reviewing Franklin real estate trends.

Demographic facts for Franklin:

  • The population has increased 13.4% over the past 10 years.
  • The safety rating here is 66. (Scale: 1 = Worst, 100 = Best)
  • The average work commute is 24 minutes.

Data reported through 10/12/2016

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