Murfreesboro Homes Sales for May 2012

By
Real Estate Agent with Benchmark Realty LLc License# 00285925

Murfreesboro HomeMurfreesboro Homes Sales Increase 21% in May - 218 Murfreesboro homes sold during the month compared to 180 last May increasing the pressure on buyers to make quick decisions, and giving sellers multiple offers on good properties. Days on market is down to an average of 74 days, leaving very little time that Murfressboro homes are actually in the MLS and not under contract. Leading me right into the next important number 305 homes are currently pending sale, meaning all contingencies are met and the home is waiting to close. Murfreesboro is now in a sellers market.

  • 218 Murfreesboro homes sold in the month of May compared to 180 last May an increase of 21 percent
  • the average sales price was $173,638 compared to $161,874 last year, an increase of 7 percent
  • the list price to sales price ratio was 98%
  • 305 Murfreesboro homes are currently pending sale
  • 1096 Murfreesboro homes are listed in the Nashville MLS as available for purchase
  • the absorption rate for Murfreesboro homes based on May sales is 5 months

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For the most-up-to-date information on Murfreesboro current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Nashville Metro area. Also ask to be placed on an instant notification system when any new Murfreesboro MLS listings come on the market or price reductions in Murfreesboro are posted.

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Topic:
Real Estate Market Trends
Location:
Tennessee Rutherford County Murfreesboro
Groups:
Franklin tn Keller Williams
Nashville tn real estate
Nashville Real Estate
Tags:
murfreesboro real estate
murfreesboro homes

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Rainmaker
1,272,841
Michelle Gibson
Hansen Real Estate Group Inc. - Wellington, FL
REALTOR

Larry - Great real estate market information for Murfreesboro home sales.

Jun 08, 2012 07:04 PM #1
Rainmaker
186,832
The Brewer Team - Franklin TN Homes
Benchmark Realty - Franklin, TN

Murfreesboro homes seem to be as popular as ever. I never did understand why, but that's ok.

Jun 11, 2012 05:41 AM #2
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Rainmaker
753,536

Larry Brewer

Nashville Real Estate
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