December 12, 2016

Franklin November 2016 sales show 8.9% appreciation

PrintNovember 2016 sales stats are freshly calculated and paint this picture of real estate in Franklin.

  • Sales of Single family residences in Franklin were 168 in November 2016 (vs. 157 in November 2015).
  • The average home sold was 2,929 sq ft (vs. 2,902 in November 2015).
  • Average sales price was $522,395 in 2016, up from $475,297 in 2015 (a 9.9% year over year increase)
  • Adjusting to a square foot basis sales prices increased 8.9% to $178.35 per sq ft from $163.78 in 2015.
  • Appreciation over the last 3 months comes in at 2.0%.

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