Franklin TN Home Sales 2008
Studying the numbers in Franklin for 2008 was very enlightening. Sales, like everywhere in Middle Tennessee were down. OK, like everywhere in the country. My bad. Anyway...
While sales in general were down 30% in Franklin, new construction sales were up considerably. Over 63% of the sales in 2008 were new construction. In 2007 the same number was only 42%.
Number of homes Closed in 2007 were 1831
Number of homes closed in 2008 were 1283
A look at the monthly sales from one year to the next is as follows:
There was a certain amount of consistancy throughout the year in that sales were down each month. The extreme decreases were in the months of January, February, November and December. First quarter 2009 will show how that trend is changing.
Visit specific Neighborhoods in Franklin to see how they compared:
See how Franklin compares to the Nashville TN Real Estate Sales.
Franklin TN Real Estate market is still thriving. Southern Living has named it one of the top 5 places to live!