June 15, 2016

Franklin May 2016 sales show 9.3% appreciation

PrintI’ve put together the May 2016 sales stats for Franklin, TN real estate listings and here’s what I can tell you.

  • Sales of Single family residences in Franklin grew to 216 in May 2016 (from 200 in May 2015).
  • The average home sold was 3,262 sq ft (vs. 3,135 in May 2015).
  • Average sales price was $574,136 in 2016, up from $505,028 in 2015 (a 13.7% year over year increase)
  • Adjusting to a square foot basis sales prices increased 9.3% to $176.01 per sq ft from $161.09 in 2015.
  • Appreciation over the last 3 months comes in at an eye opening 11.1%.

If you’d like information on homes that is accurate and up to date visit my website SimonHartland.com.  Just like those other websites you can create a profile and save your favorite listings there and feel good that you are getting the RIGHT information from a Franklin real estate expert.

I always welcome your feedback, you can call me (615 579-7909), email or like my Facebook page to be kept up with future blog entries and Franklin coming soon real estate listings.

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Posted by Simon

Simon Hartland has been selling real estate in Franklin and surrounds since 2000. Don't let his silly accent fool you into thinking he's not more local than you are!

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