Franklin Massachusetts Real Estate Market Overview 2011
Franklin MA Real Estate Activity For December 2011 vs December 2010
In December of 2011 there were 22 homes that closed within the month for Franklin MA. This is an increase of 13 units, as there were 9 homes that closed in December of 2010.
The Average list price for the homes that closed in Franklin for December of 2010 was $306,378
The Average list price for the homes that closed in Franklin for December of 2011 was $369,109
The Average sale price for the homes that closed in Franklin for December of 2010 was $299,633
The Average sale price for the homes that closed in Franklin for December of 2011 was $359,195
The Average Market time for the homes that closed in Franklin for December of 2010 was 164 days.
The Average Market time for the homes that closed in Franklin for December of 2011 was 103 days.
Franklin MA Homes Under Contract For December 2011
5 homes went under agreement in Franklin Massachusetts in the month of December. The average list price of the homes that went under agreement was $321,120. The average time on the market for these Franklin homes were 60 days.
January 2009 – 2011 Final Year Real Estate Market Statistics For Franklin Massachusetts
In Franklin MA for the period of January to December of 2011 there were 226 properties sold.
In Franklin MA for the period of January to December of 2010 there were 206 properties sold.
In Franklin MA for the period of January to December 2009 there were 265 properties sold.
In Franklin MA for the period of January to December in 2011 the average list price was $399,525 the average sale price was $388,314 the average market time was 110 days.
In Franklin MA for the period of January to December in 2010 the average list price was $411,088 the average sale price was $399,925 and the average market time was 102 days.
In Frankin MA for the period of January to December in 2009 the average list price was $430,460 the average sale price was $418,455 and the average time on the market was 113 days.
Current Franklin MA Inventory Levels
The are currently 75 homes on the market in Franklin MA. The average list price of the Franklin homes is $454,863. The average days on the market is 297.
Franklin MA Real Estate Market Analysis
In 2011 the Franklin Real Estate market had a increase in the amount of homes sold as compared to 2010. Homes priced properly generally moved on average in a 3-4 month time period. There was still a downward trend in Real Estate values through out the year but the weakness occurred mostly in the upper end of the market (over 500k). The average days on market was substantially similar to the previous two years. The lower end of the market (under 400k) remained strong with values holding firmer than in the upper ends of the Franklin market. Over all the Franklin MA Real Estate market has been fairly consistent over the last three years with a slight trend downward for values.
Current home inventory levels in Franklin are moderately low as we start 2012. This is always a good sign for those considering to sell their home as supply and demand is always a factor with Real Estate values. It should be noted that the average days on market for the current Franklin inventory is so high because of quite a few new homes that are “to be built” and have not been constructed yet.
The above Franklin Real Estate statistics are for single family homes ONLY and do not include condominiums or multi family homes.
For a complete understanding of how we provide our clients with dominant online Real Estate exposure see Franklin MA Real Estate.
Click the link below to see a sample of the current Franklin MA homes for sale. I have provided a sampling of Franklin listings below.
Showing properties
1 - 35 of 116.
See more city of Franklin real estate.
(all data current as of
5/16/2012)
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$1,100,000 : 67 Deerview Way, Franklin6 beds, 4 full, 2 part baths
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$900,000 : 140 Jordan, Franklin5 beds, 5 full, 2 part baths
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$899,900 : 6 Sarsfield Rd, Franklin7 beds, 4 full, 2 part baths
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$875,000 : 26 High Ridge Cir, Franklin5 beds, 2 full, 2 part baths
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$849,900 : 14 Cotton Tail Lane, Unit LOT#9, Franklin4 beds, 3 full, 1 part baths
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$849,900 : 15 Cotton Tail Lane, Unit LOT#6, Franklin4 beds, 3 full, 1 part baths
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$839,900 : 39 Blueberry Lane, Unit LOT #18, Franklin4 beds, 3 full, 1 part baths
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$829,900 : 43 Blueberry Lane, Unit LOT#19, Franklin4 beds, 3 full, 1 part baths
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$769,000 : 15 Camden Way, Franklin4 beds, 2 full, 1 part baths
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$750,000 : 11 Berkshire Drive, Franklin4 beds, 2 full, 1 part baths
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$749,900 : 49 Opal Circle, Franklin4 beds, 2 full, 1 part baths
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$724,000 : 73 South St, Franklin6 beds, 3 full, 1 part baths
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$720,000 : 40 Opal Circle, Franklin4 beds, 2 full, 1 part baths
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$700,000 : 8 Cotton Tail Lane, Franklin5 beds, 5 full baths
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$659,900 : 122 Fall Ln, Franklin4 beds, 2 full, 1 part baths
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$649,900 : 00 Cotton Tail Lane, Unit LOT#3, Franklin4 beds, 2 full, 1 part baths
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$649,900 : 58 Cotton Tail Lane, Unit LOT#2, Franklin4 beds, 2 full, 1 part baths
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$619,900 : Lot 7 Penny Lane, Franklin4 beds, 2 full, 1 part baths
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$600,000 : 3 Crystal Dr, Franklin4 beds, 3 full, 1 part baths
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$600,000 : 1 Summit Road, Franklin4 beds, 3 full, 1 part baths
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$599,900 : Lot 6-2 Grace Lane, Franklin4 beds, 2 full, 1 part baths
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$599,900 : Lot 6-1 Grace Lane, Franklin4 beds, 2 full, 1 part baths
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$599,900 : 75 Silver Fox Rd, Franklin4 beds, 2 full, 1 part baths
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$589,900 : 18 Cypress Ln, Franklin4 beds, 3 full, 1 part baths
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$589,900 : 152a Beech Street, Franklin3 beds, 2 full, 1 part baths
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$569,900 : 41 Dover Cir, Franklin4 beds, 2 full, 1 part baths
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$564,900 : Lot 1 Michael Rd, Franklin4 beds, 2 full, 1 part baths
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$549,900 : 9 Secret Garden, Franklin4 beds, 3 full, 1 part baths
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$549,900 : 13 Norumbega Circle, Franklin4 beds, 2 full, 1 part baths
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$549,900 : 74 Charles Drive, Franklin4 beds, 2 full, 1 part baths
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$549,900 : 864 Lincoln St, Franklin4 beds, 2 full baths
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$549,900 : 2 Jade Street, Franklin4 beds, 2 full, 1 part baths
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$539,900 : 3 Squibnocket Rd, Franklin4 beds, 3 full baths
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$529,819 : 19 Peters Lane, Franklin4 beds, 2 full, 1 part baths
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$529,000 : 19 Monterey Drive, Franklin4 beds, 2 full, 1 part baths
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
