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Murfreesboro, TN Real Estate News

By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro home sales are still slowing down due to the impact of high interest rates. The number of closings for May was down 17% compared to May of 2022 and the median sales price was down 6% But the average days on market is still only 32 days and the list price to sales price ratio is 99%. 359 Murfreesboro homes sold during the month of May compared to 432 last year 690 homes are currently pending sale most are new construction homes waiting to be finished 512 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of May was 2203 square feet the list price to sale price ratio of homes sold was 99% The median price of Murfreesboro homes sold during the month was $412,000 compared to $439,170  last year a decrease...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro real estate sales are still slowing down due to the impact of high interest rates. The number of closings for March was down 14.9% compared to March of 2022 but the median price of homes sold was only down 2%.  The median days on market is up to 14 days compared to just 2 day last year. Buyers have a better chance to find something in this market but homes are still selling pretty quick. 348 Murfreesboro homes sold during the month of March compared to 400 last year 661 homes are currently pending sale most are new construction homes waiting to be finished 537 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of March was 2226 square feet the list price to sale price ratio of homes sold was 99% The m...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro homes are very popular and selling fast.  The average days on market is down to 6 days and the list price to sales price ratio is 102%. Most homes have multiple offers the first day on market. 425 Murfreesboro homes sold during the month of May compared to 422 for the same month of 2020 1203 homes are currently pending sale most are new construction homes waiting to be finished 126 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of May was 2273 square feet the list price to sale price ratio of homes sold was 102% the absorption rate is currently less than 1 week The average price of Murfreesboro homes sold during the month was $374,567 compared to $304,910 last year an increase of 22.8% The average...
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By Rhonda Burgess, Moving to Nashville TN Real Estate Specialist
(Southern Living Realty Partners)
 Originally posted on RhondaBurgess.com
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro home sales are on fire right now with more homes closing for the month that is currently available for sale.  The absorption rate for homes is less than one month and the average days on market is 13 days. 346 Murfreesboro homes sold during the month of February compared to 295 for the same month of 2020 1110 homes are currently pending sale most are new construction homes waiting to be finished 172 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of February was 2167 square feet the list price to sale price ratio of homes sold was 100.12% the absorption rate is currently less than 1 month The average price of Murfreesboro homes sold during the month was $332,944 compared to $299,622 last year an in...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro home sales are on fire right now with more homes closing for the month that is currently available for sale.  The absorption rate for homes is less than one month and the average days on market is 16 days. 467 Murfreesboro homes sold during the month of October compared to 420 for the same month of 2019 1058 homes are currently pending sale most are new construction homes waiting to be finished 308 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of October was 2175 square feet the list price to sale price ratio of homes sold was 99.7% the absorption rate is currently less than 1 month The average price of Murfreesboro homes sold during the month was $317,192 compared to $287,320 last year an increa...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro homes are in a seller's market with less than 2 months of inventory currently available and the average days on market down to 23. 295 Murfreesboro homes sold during the month of December 507 homes are currently pending sale 453 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of December was 2156 square feet the list price to sale price ratio of homes sold was 99.58% the absorption rate is currently less than 2 months The average price of Murfreesboro homes sold during the month was $271,614 The average price per square foot of homes sold was $121, an increase of 11% year over year Search for Murfreesboro homes for sale here For the most-up-to-date information on Murfreesboro home values , then we ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale - The average price of Murfreesboro homes increased 9.8% in the last 12 months to $259,897, and the average price per square foot of home sold increased 11% to $121. The absorption rate is less than 2 months keeping Murfreesboro homes are in a seller's market. 374 Murfreesboro homes sold during the month of May compared to 313 for the same period last year 483 homes are currently pending sale 502 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of February was 2173 square feet the list price to sale price ratio of homes sold was 100.3% the absorption rate is currently less than 2 months The average price of Murfreesboro homes sold during the month was $259,897 The average price per sq...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale - The average price of Murfreesboro homes increased 6.2% in the last 12 months with the average price of homes sold in February at $244,190. The average list price to sales price ratio during that same period was 99.75% and the average days on market is only 41 days. The absorption rate is 2 months keeping Murfreesboro homes are in a seller's market. 241 Murfreesboro homes sold during the month of February compared to 254 for the same period last year 521 homes are currently pending sale 476 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of February was 2289 square feet the list price to sale price ratio of homes sold was 99.75% the absorption rate is currently less than 2 months Th...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale and market updateThe average price of Murfreesboro homes increased 8.4% in the last 12 months with the average price of homes sold in November at $241,941. The average list price to sales price ratio during that same period was 99.7% and the average days on market is only 35 days. 331 Murfreesboro homes sold during the month of November compared to 257 for the same period last year 401 Murfreesboro homes are currently pending sale 479 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of November was 2270 square feet the list price to sale price ratio of homes sold was 99.7% the absorption rate is currently less than 2 months The average price of Murfreesboro homes increased 8.4% in the...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale The average price of Murfreesboro homes increased 6.6% in the last 12 months with the average price of homes sold in August at $240,424. The average list price to sales price ratio during that same period was 99.7% and the average days on market is only 42 days. Murfreesboro homes are in an extreme sellers market where most homes sell almost immediately for list price or in some cases higher. Buyers need to be prepared to compete, so have an agent who is experiences in this market. 355 Murfreesboto homes sold during the month of August compared to 347 for the same period last year 510 Murfreesboro homes are currently pending sale 489 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month of...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale - The average price of Murfreesboro homes increased 4.8% in the last 12 months with the average price now at $232,291 for the month of May. The average list price to sales price ratio is 99.3% and the average days on market is down to 36 days.For those who don't read these statistics on a regular basis, it means that most homes are sold the first day or two on market for very close to list price. In some cases the sales price is higher than the list price.Buyers need to be prepared to compete, so have an agent who is experiences in this market. I can never remember a time when the number of homes under contract was more than those available. We have that now in Murfreesboro 563 Murfreesboro homes are currently pending sale 483 Murfreesboro homes are listed in...
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By Lee Ann Basile-Richards, Owner & Principal Broker
(EXIT Realty Homes & Land )
  Located at the historic Cannonsburgh Village on Friday, June 17th from 7-9 p.m. 3rd Friday Night Music and Antique Auto show. Bring your own lawn chair or blanket and a summer picnic and enjoy the outdoor music sounds of the band, Rooted Wings and stroll through the grounds viewing all the hotrods and antique cars.This is a great event – fun for all ages and FREE! Dance the Night Away!This is part of a blog-series “What Makes Murfreesboro GREAT!”Want to know more about living in Murfreesboro? Feel free to call or email me and with questions.Or Search for homes in Middle Tennnessee here.
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro real estate for sale - The average price of Murfreesboro homes increased 14% in the last 12 months with the average price now at $230,095 for the month of February. The number home homes closing increased 15% to 251 compared to the same month in 2015. The absorption rate is still less than 3 months, even in February, so buyers have little time to make an offer when they find something they like. the list price to sales price ratio during February was 99% 251 homes sold during the month compared to 218 last February, an increase of 15% the average days on market is still very low at 55 days, just 10 days over the recommended time to close a loan 491 Murfreesboro homes are currently pending sale 659 Murfreesboro homes are listed in the Nashville MLS as available for purchase ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale - The average price of Murfreesboro homes increased 16% in the last 12 months with the average price now at $231,570 for the month of December. The absorption rate is down to 2 months, so buyers have little time to make an offer when they find something they like. the list price to sales price ratio during December was 99% 292 homes sold during the month compared to 270 last December, an increase of 8% the average days on market is still very low at 47 days, just 2 days over the recommended time to close a loan 379 Murfreesboro homes are currently pending sale 642 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month was 2121 square feet Search for Murfreesboro homes for sale here  For the...
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By Rhonda Burgess, Moving to Nashville TN Real Estate Specialist
(Southern Living Realty Partners)
Buying a house and achieving home ownership have always been cornerstones of the American dream.  With historically low home mortgage interest rates today and soaring rent prices, there is no better time than now to buy a house even with a small budget.  For a lot of first-time homebuyers who are working with a small budget, the idea of buying a home may seem next to impossible.  But if you make a solid home buying plan and do the necessary research, you can buy a house even without a lot of money and with limited credit. EXAMINE YOUR CREDIT     The very first thing you should do once you decide to buy a house is check your credit.  You should go to www.annualcreditreport.com and obtain your credit report from all three credit bureaus, www.equifax.com; www.experian.com; and www.transuni...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes for sale The average price of Murfreesboro homes increased 11% in the last 12 months with the average price now at $222,911 for the month of October. The absorption rate is still less than 3 months, so buyers have little time to make an offer when they find something they like. the list price to sales price ratio during October was 99% the average days on market is still very low at 49 days, just 4 days over the recommended time to close a loan 400 Murfreesboro homes are currently pending sale 744 Murfreesboro homes are listed in the Nashville MLS as available for purchase the average size of homes sold during the month was 2121 square feet Search for Murfreesboro homes for sale here For the most-up-to-date information on Murfreesboro home values , then we urge you to...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes Sales Increased 22 Percent in August 2015 - 370 Murfreesboro homes sold in the month of August compared to 303 for the same period in 2014. The average sales price of Murfreesboro homes increased 12.5% to $228,668. The absorption rate is only 2 months, so buyers have little time to make an offer when they find something they like. The absorption rate of Murfreesboro homes based on August sales and current inventory is 2 months signaling a strong sellers market the average days on market is down to 46 days giving buyers very little time to view listings before they are sold 433 Murfreesboro homes are currently pending sale 814 Murfreesboro homes are listed in the nashville MLS as available for purchase The average price of homes sold was $228,668 an increase of 12.5% o...
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By Jay Cash, THE Auctioneer & Real Estate Broker
(James R. Cash II Auctions & Real Estate )
     In one of the hottest markets Middle Tennessee has ever seen, land tracts are becoming increasingly harder to find.   While most land tracts you find on the MLS are either over priced or 25+ minutes or more from all parts of town; Saturday August 8th, at 11:00 AM - That all changes! Coming to Public Auction - 16.24 Acres Selling in 1 Tract!  6771 Burnt Knob Road | Murfreesboro, TN16.24 ± ACRES SELLING IN 1 TRACT! PASTURELAND • WOODLANDS • HOME SITES • DEVELOPMENT POTENTIAL CONVENIENT TO 840, I-24, WILLIAMSON COUNTY AND ALL PARTS OF MURFREESBORO!  Pictures, Video Tour and Information @ www.JamesRCash.net  Auction Being Conducted On Site  NO BUYER’S PREMIUM! What you Bid, Is What you Pay!  Auction Conducted By:JAY CASH, AUCTIONEER & REAL ESTATE BROKERJAMES R. CASH II AUCTIONS & REAL ...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Murfreesboro Homes For Sale and market update for July 2015 - 356 Murfreesboro homes sold in June compared to 330 in June of 2014, an increase of 7.8%. The average price of Murfreesboro homes sold was $217,846 and increase of 2.3% over the same month last year. Murfreesboro is in a sellers market with a 2 month absorption rate. the average days on market is down to 44 days giving buyers very little time to view listings before they are sold 503 Murfreesboro homes are currently pending sale 849 homes are currently listed for sale in Murfreesboro The average price of homes sold was $217,846 the average size of homes sold during the month was 2150 square feet pushing the average price per square foot to $101 Search for Murfreesboro homes for sale here For the most-up-to-date information on...
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