Williamson County Real Estate: Murfreesboro Homes Market Report for July 2011

Murfreesboro Homes Market Report for July 2011

Murfreesboro HomeMurfreesboro Homes Market Report July 2011 - 207 Murfreesboro homes sold in the month of July and 213 Murfreesboro homes are currently pending sale. The number of Murfreesboro homes sold evey month seems to contradict the national housing market, but it also shows the strength of the local jobs market. Murfreesboro has a unique position as the home of the largest university in the state, and the jobs to support the students help a strong local real estate market.

The average price of Murfreesboro homes sold was $184,252 compared to $174,424 for July in 2010, a 5.5 percent increase year over year.

  • 207 Murfreesboro homes sold in July compared to 174 last July
  • the average price of Murfreesboro homes sold was $184,252 compared to $174,424 last year a 5 percent increase
  • the average size of homes sold was 2164 square feet
  • average days on market was 76
  • 213 Murfreesboro homes are currently pending sale
  • 1309 Murfreesboro homes are listed in the MLS as available for purchase
  • the absorption rate for Murfreesboro homes based on July sales is 6 months

The Murfreesboro real estate market continues to be very active, and the availablity of affordable homes and condos will insure that it stays active for the immediate future. Search for Murfreesboro homes here Murfreesboro homes search

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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.

Benchmark realty can assist buyers in all forms of Nashville relocation needs including new construction houses, condos, townhouses, for sale by owner homes, residential lots, townhomes, lofts, and new homes in various subdivisions across the Nashville Metro region. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you.  If you’re searching for Nashville foreclosures in Murfreesboro communities, then we invite you to view the listings in this or any of the Nashville popular subdivisions on our site.  And if you’re searching for condos or townhomes for sale in the Nashville area, feel free to browse our updated listings of Nashville condos, townhouses, townhomes, lofts on our site.

information on this page is based on information on single family homes for sale in Murfreesboro subdivision in Nashville per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

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2 commentsLarry Brewer Nashville Real Estate • August 06 2011 09:09AM

Comments

Murfreesboro homes are always selling faster than the rest of the area. I think most of the people who move here from other states hear that Murfreesboro is a hot market and they don't understand that it's all about the university.

Posted by The Brewer Group Franklin TN Homes (Benchmark Realty) 10 months ago

Murfreesboro has some beautiful homes!  I love the home search option you provide!

Posted by Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com (BrokerThe Force Realty-REALTOR-Estate-Probate-REO-Short Sale) 10 months ago

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