One of the best possible investments is that which is done in Real Estate. However the real estate market suffered heavy losses during as well as in the post recession period. Though things are looking up in recent times, it is necessary to understand that it will take time to overcome the crisis situation.

Real estate Franklin, TN, showcases the same effects that were apparent in the global real estate market. The average listing price of homes in Franklin, TN, has shown a decrease by 0.1%. The average listing price of Franklin properties as recorded in September was $626,550.

The popular neighborhoods of Franklin, Tennessee, are within the following zip codes: 37027, 37067, 37064, 37069, and 37179. For the area under zip code 37027, the property price is $748,287; for zip code 37067 it is $510,750; for zip code 37064 it is $584,523; for zip code 37069 it is $999,187 and for zip code 37179 it is $395,307.

When it comes to average price of houses for sale TN, per square foot rate is $140. This figure is enough to reveal that the average price has decreased than what was recorded last year. In fact, the decrease is 16.7% when the price recorded in 2008 and that recorded in 2009 are compared.

The June to August financial quarter also experienced a decrease in the median home sales price. The median price recorded in Jun-Aug 2009 is $308,250. This figure is based on the 314 house sales that were completed in this period. The decrease in the number of homes sold was 42.5% while the median home sales price is 5.4%.