Franklin MA Real Estate Market Report March 2012

Franklin Massachusetts Real Estate Market Overview March 2012

Franklin MA Real Estate

 

 

 

 

 

Franklin MA Real Estate Activity For March 2012 vs March 2011

In March of 2012 there were 11 homes that closed within the month for Franklin Mass. This is a decrease of 8 units, as there were 19 homes that closed in March of 2011.

The Average list price for the homes that closed in Franklin for March of 2011 was $388,859

The Average list price for the homes that closed in Franklin for March of 2012 was $386,218

The Average sale price for the homes that closed in Franklin for March of 2011 was $375,895

The Average sale price for the homes that closed in Franklin for March of 2012 was $375,238

The Average Market time for the homes that closed in Franklin for March of 2011 was 200 days.

The Average Market time for the homes that closed in Franklin for March of 2012 was 131 days.

Franklin MA Homes Under Contract For March 2012

16 homes went under agreement in Franklin Massachusetts in the month of March. The average list price of the homes that went under agreement was $401,400. The average time on the market for these Franklin homes were 143 days. This was an excellent month for Franklin Real Estate.

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 Franklin 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 106 homes on the market in Franklin MA. The average list price of the Franklin homes is $446,013. The average days on the market is 210.

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. Inventory however is growing as we are now in the Spring selling season. This is typical of what happens around this time of year as Spring is recognized as the best time of year to sell a home. Low inventory 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.

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.

  1. 5 beds, 5 full, 1 half baths
    Home size: 8,900 sq ft
    Lot size: 1.15 ac
    Year built: 2001
    Parking spots: 21
    Days on market: 1,265
    Walk Score®: 10
    Listed with Anthony Joseph Real Estate LLC
  2. 5 beds, 4 full, 1 half baths
    Home size: 6,300 sq ft
    Lot size: 40,696 sqft
    Year built: 1996
    Parking spots: 8
    Days on market: 360
    Walk Score®: 8
    Listed with Carey Realty Group, Inc.
  3. 4 beds, 2 full, 2 half baths
    Home size: 4,617 sq ft
    Lot size: 41,370 sqft
    Year built: 2004
    Parking spots: 10
    Days on market: 19
    Walk Score®: 6
    Listed with RE/MAX Executive Realty
  4. 4 beds, 4 full, 1 half baths
    Home size: 5,589 sq ft
    Lot size: 29,014 sqft
    Year built: 2003
    Parking spots: 9
    Days on market: 15
    Walk Score®: 0
    Listed with Real Living Realty Group
  5. 4 beds, 4 full baths
    Home size: 3,550 sq ft
    Lot size: 1.81 ac
    Year built: 2016
    Parking spots: 9
    Days on market: 341
    Walk Score®: 2
    Listed with RE/MAX Executive Realty
  6. 4 beds, 3 full baths
    Home size: 3,600 sq ft
    Lot size: 40,840 sqft
    Year built: 2016
    Parking spots: 9
    Days on market: 627
    Walk Score®: 12
    Listed with True Value Properties
  7. 5 beds, 2 full, 2 half baths
    Home size: 3,430 sq ft
    Lot size: 33,690 sqft
    Year built: 1996
    Parking spots: 8
    Days on market: 20
    Walk Score®: 2
    Listed with Coldwell Banker Residential Brokerage - Franklin
  8. 4 beds, 4 full, 1 half baths
    Home size: 5,460 sq ft
    Lot size: 22,850 sqft
    Year built: 2004
    Parking spots: 7
    Days on market: 76
    Walk Score®: 0
    Listed with Real Living Realty Group
  9. 5 beds, 2 full, 1 half baths
    Home size: 3,800 sq ft
    Lot size: 29,918 sqft
    Year built: 2001
    Parking spots: 8
    Days on market: 153
    Walk Score®: 1
    Listed with Coldwell Banker Residential Brokerage - Franklin
  10. 4 beds, 3 full, 1 half baths
    Home size: 4,610 sq ft
    Lot size: 29,900 sqft
    Year built: 2002
    Parking spots: 11
    Days on market: 60
    Walk Score®: 0
    Listed with RE/MAX Executive Realty
  11. 4 beds, 2 full, 1 half baths
    Home size: 2,900 sq ft
    Lot size: 1.15 ac
    Year built: 2016
    Parking spots: 6
    Days on market: 126
    Walk Score®: 14
    Listed with Real Living Realty Group
  12. 4 beds, 3 full, 1 half baths
    Home size: 3,828 sq ft
    Lot size: 1.94 ac
    Year built: 1993
    Parking spots: 12
    Days on market: 19
    Walk Score®: 10
    Listed with Keller Williams Realty - Foxboro/North Attleboro
  13. 4 beds, 2 full, 1 half baths
    Home size: 3,100 sq ft
    Lot size: 1.11 ac
    Year built: 2016
    Parking spots: 6
    Days on market: 25
    Walk Score®: 10
    Listed with Real Living Realty Group
  14. 4 beds, 2 full, 1 half baths
    Home size: 2,227 sq ft
    Lot size: 2.04 ac
    Year built: 1986
    Parking spots: 8
    Days on market: 12
    Walk Score®: 2
    Listed with Andrew E. Bissanti Realty
  15. 4 beds, 2 full, 1 half baths
    Home size: 3,293 sq ft
    Lot size: 3.20 ac
    Year built: 1984
    Parking spots: 27
    Days on market: 52
    Walk Score®: 0
    Listed with RE/MAX Executive Realty
  16. 6 beds, 3 full, 1 half baths
    Home size: 3,300 sq ft
    Lot size: 2.07 ac
    Year built: 1811
    Parking spots: 16
    Days on market: 109
    Walk Score®: 9
    Listed with RE/MAX Executive Realty
  17. 4 beds, 3 full, 1 half baths
    Home size: 3,168 sq ft
    Lot size: 2.41 ac
    Year built: 1984
    Parking spots: 11
    Days on market: 146
    Walk Score®: 7
    Listed with Berkshire Hathaway HomeServices Page Realty
  18. 5 beds, 2 full, 1 half baths
    Home size: 2,808 sq ft
    Lot size: 12.70 ac
    Year built: 1999
    Parking spots: 8
    Days on market: 179
    Walk Score®: 3
    Listed with Redfin Corp.
  19. 4 beds, 3 full, 1 half baths
    Home size: 3,291 sq ft
    Lot size: 1.43 ac
    Year built: 2003
    Parking spots: 11
    Days on market: 109
    Walk Score®: 3
    Listed with Real Living Realty Group
  20. 4 beds, 2 full, 2 half baths
    Home size: 3,400 sq ft
    Lot size: 42,655 sqft
    Year built: 1988
    Parking spots: 8
    Days on market: 116
    Walk Score®: 1
    Listed with Costello Realty
  21. 4 beds, 2 full, 1 half baths
    Home size: 2,900 sq ft
    Lot size: 25,134 sqft
    Year built: 2016
    Parking spots: 6
    Days on market: 143
    Walk Score®: 4
    Listed with RE/MAX Executive Realty
  22. 4 beds, 2 full, 1 half baths
    Home size: 2,744 sq ft
    Lot size: 27,605 sqft
    Year built: 2016
    Parking spots: 6
    Days on market: 151
    Walk Score®: 5
    Listed with RE/MAX Executive Realty
  23. 4 beds, 3 full baths
    Home size: 5,081 sq ft
    Lot size: 1.07 ac
    Year built: 1984
    Parking spots: 13
    Days on market: 40
    Walk Score®: 11
    Listed with Keller Williams Realty
  24. 4 beds, 2 full, 1 half baths
    Home size: 2,598 sq ft
    Lot size: 37,248 sqft
    Year built: 2015
    Parking spots: 6
    Days on market: 17
    Walk Score®: 7
    Listed with Coldwell Banker Residential Brokerage - Franklin
  25. 4 beds, 2 full, 1 half baths
    Home size: 2,960 sq ft
    Lot size: 30,016 sqft
    Year built: 1993
    Parking spots: 6
    Days on market: 62
    Walk Score®: 7
    Listed with Century 21 Commonwealth
  26. 4 beds, 2 full, 1 half baths
    Home size: 3,200 sq ft
    Lot size: 1.12 ac
    Year built: 1999
    Parking spots: 6
    Days on market: 21
    Walk Score®: 3
    Listed with Coldwell Banker Residential Brokerage - Franklin
  27. 3 beds, 3 full, 1 half baths
    Home size: 3,312 sq ft
    Lot size: 1.75 ac
    Year built: 1976
    Parking spots: 6
    Days on market: 7
    Walk Score®: 2
    Listed with RE/MAX Executive Realty
  28. 4 beds, 2 full, 1 half baths
    Home size: 3,300 sq ft
    Lot size: 40,373 sqft
    Year built: 2002
    Parking spots: 10
    Days on market: 105
    Walk Score®: 15
    Listed with WEICHERT, REALTORS® - Briarwood Real Estate
  29. 4 beds, 2 full, 1 half baths
    Home size: 2,449 sq ft
    Lot size: 40,066 sqft
    Year built: 2008
    Parking spots: 14
    Days on market: 19
    Walk Score®: 39
    Listed with Century 21 Commonwealth
  30. 4 beds, 2 full, 1 half baths
    Home size: 2,853 sq ft
    Lot size: 36,188 sqft
    Year built: 1993
    Parking spots: 9
    Days on market: 39
    Walk Score®: 5
    Listed with Coldwell Banker Residential Brokerage - Franklin
  31. 3 beds, 3 full, 1 half baths
    Home size: 2,306 sq ft
    Lot size: 19.94 ac
    Year built: 2016
    Parking spots: 4
    Days on market: 325
    Walk Score®: 9
    Listed with DBG Real Estate
  32. 3 beds, 2 full, 1 half baths
    Home size: 2,256 sq ft
    Lot size: 19.94 ac
    Year built: 2016
    Parking spots: 4
    Days on market: 86
    Walk Score®: 9
    Listed with DBG Real Estate
  33. 3 beds, 2 full, 1 half baths
    Home size: 2,146 sq ft
    Lot size: 19.94 ac
    Year built: 2016
    Parking spots: 4
    Days on market: 85
    Walk Score®: 9
    Listed with DBG Real Estate
  34. 3 beds, 2 full, 1 half baths
    Home size: 2,126 sq ft
    Lot size: 19.94 ac
    Year built: 2016
    Parking spots: 4
    Days on market: 337
    Walk Score®: 9
    Listed with DBG Real Estate
  35. 4 beds, 2 full, 1 half baths
    Home size: 2,351 sq ft
    Lot size: 20,233 sqft
    Year built: 1994
    Parking spots: 6
    Days on market: 3
    Walk Score®: 5
    Listed with Berkshire Hathaway HomeServices N.E. Prime Properties

See all Real estate in the city of Franklin.
(all data current as of 9/25/2016)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

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