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Murfreesboro TN Home Sales Statistics - 2013 end of year Market Report

Murfreesboro TN Home Sales Statistics - 2013 end of year Market Report

Murfreesboro TN home sales are up in volume and median price this year!  When considering single family home sales between January and November, the median sale price is up 7.8% from 2012 to 2013!  The median sale price for 2013 surpassed the median sale prices for the last 7 years!  This doesn’t necessarily mean that every home is worth more than previous years but the local market as a whole has greatly improved and is moving out of the down market we’ve experienced the past several years.  Likewise, the sales volume for 2013 has surpassed the volume of 2006 and 2007.  Also, the median Days on Market has dropped and homes are selling faster than they have in 5 years!

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Please note that real estate market conditions vary based on the specific location and price point.  Ultimately, buyers are looking for value.  If a home is well presented and priced according to market, it will sell.  No one wants to feel like they didn’t get a good deal!  If you are considering making a move, please give me a call at 615-260-5858 for more specific information regarding the area where you plan to sell or buy! Visit my Real Estate Statistics Page to see market reports for other Middle TN cities.

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Below are the detailed numbers pulled from MLS to create the charts above.  Feel free to contact me if you have questions about this information.

 

Year 2006    3,413 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 752 0 0 $47,000 $43,500 0
AVG 1,954 3.2 2.16 $182,212 $181,208 58
MEDIAN 1,799 3 2 $159,900 $159,951 49
MAX 10,358 6 33 $1,250,000 $1,065,000 611
             
Year 2007    3,028 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 572 0 0 $23,000 $20,000 0
AVG 1,987 3.23 2.16 $194,538 $192,434 67
MEDIAN 1,828 3 2 $169,900 $169,500 55
MAX 5,509 7 5 $999,999 $979,000 700
             
Year 2008    2,192 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 1 1 0 $24,900 $19,450 0
AVG 2,005 3.23 2.18 $194,366 $191,221 74
MEDIAN 1,848 3 2 $167,415 $165,348 63
MAX 7,453 7 5 $1,500,000 $2,210,000 587
             
Year 2009    1,969 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 572 0 1 $27,000 $27,000 0
AVG 1,926 3.22 2.12 $179,657 $175,290 83
MEDIAN 1,755 3 2 $154,900 $152,500 67
MAX 7,500 32 6 $6,600,000 $6,600,000 720
             
Year 2010    1,846 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 625 0 0 $14,900 $15,000 0
AVG 2,021 3.25 2.19 $181,494 $177,494 81
MEDIAN 1,849 3 2 $159,598 $155,000 66
MAX 7,160 6 5 $1,675,000 $2,335,150 586
             
Year 2011    1,768 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 744 0 0 $19,900 $18,900 0
AVG 2,045 3.22 2.18 $175,357 $170,438 85
MEDIAN 1,901 3 2 $158,645 $153,978 72
MAX 8,365 6 5 $850,000 $748,700 512
             
Year 2012    2,150 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 724 0 0 $22,300 $19,500 0
AVG 2,089 3.27 2.2 $182,680 $178,077 78
MEDIAN 1,975 3 2 $164,995 $160,000 66
MAX 8,978 6 5 $1,100,000 $880,000 633
             
Year 2013    2,580 Sold Properties Found
  SF BR Full Baths List Price Sales Price DOM
MIN 734 0 0 $22,000 $15,500 0
AVG 2,100 3.29 2.23 $193,224 $189,737 69
MEDIAN 2,010 3 2 $174,950 $172,500 56
MAX 6,891 7 5 $699,900 $700,000 507
             
Comment balloon 1 commentTiffany White • December 16 2013 08:45PM

Comments

Tiffany, this is a wonderful market report.  I like your attention to detail and commentary.

Posted by Sharon Parisi, Dallas Homes (United Real Estate Dallas ) almost 5 years ago

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