Category Archives: Franklin MA

2012 Metrowest Real Estate Market Statistics in Franklin

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Since all of our Metrowest Real Estate Statistics are in for 2012, let’s take a look at homes in Franklin and how they compared with homes in Franklin in 2011.

Homes in Franklin have seen great improvement in 2012!  In 2011, there were 317 homes sold (this includes single family homes, condos and multi-family homes).  In 2012, that number jumped to 337 homes in Franklin sold!  The average price for these homes in 2011 was $348,120 as compared with $353,598 in 2012!  The average number of days on market ( the amount of time it takes to sell a home from listing the home to the time an offer is accepted ) was the only number that increased a bit for homes in Franklin.  In 2011, the average days on market was 134 and in 2012 the number just went up by a bit to 145.  Overall, great numbers and improvement for homes in Franklin! 

Please see the report below for details and keep checking in as I will be posting stats many more Metrowest Real Estate Statistics in our area!

Metrowest Real Estate Market Statistics in Franklin 2011-2012:

Report Run: 1/23/2013 4:10:40 PM
Property Type(s): SF, CC, MF
Status: SLD
Start Date: 1/1/2012
End Date: 12/31/2012
Towns: Franklin

Price Range # of
Listings		 Avg. Days
on Market		 Average
Sale Price		 Average
List Price		 SP:LP
Ratio		 Average
Orig Price		 SP:OP
Ratio
$0 – $49,999 0 0 $0 $0 0 $0 0
$50,000 – $99,999 9 157 $80,556 $90,233 89 $103,111 79
$100,000 – $149,999 22 241 $122,205 $133,650 93 $155,386 81
$150,000 – $199,999 19 105 $176,255 $197,584 91 $210,126 87
$200,000 – $249,999 32 72 $224,430 $233,669 96 $239,194 94
$250,000 – $299,999 45 120 $269,830 $279,411 97 $291,476 93
$300,000 – $349,999 52 144 $323,395 $331,627 98 $338,556 96
$350,000 – $399,999 42 178 $376,046 $382,255 98 $388,088 97
$400,000 – $449,999 34 129 $420,021 $426,553 99 $436,462 96
$450,000 – $499,999 25 150 $476,343 $491,664 97 $504,861 95
$500,000 – $599,999 37 130 $533,463 $547,384 98 $563,170 95
$600,000 – $699,999 9 223 $634,578 $641,500 99 $646,233 98
$700,000 – $799,999 6 115 $741,567 $754,950 99 $763,117 97
$800,000 – $899,999 4 104 $850,625 $868,500 98 $882,250 96
$900,000 – $999,999 1 1596 $975,000 $950,000 103 $849,900 115
$1,000,000 – $1,499,999 0 0 $0 $0 0 $0 0
$1,500,000 – $1,999,999 0 0 $0 $0 0 $0 0
$2,000,000 – $2,499,999 0 0 $0 $0 0 $0 0
$2,500,000 – $2,999,999 0 0 $0 $0 0 $0 0
$3,000,000 – $3,999,999 0 0 $0 $0 0 $0 0
$4,000,000 – $4,999,999 0 0 $0 $0 0 $0 0
$5,000,000 – $9,999,999 0 0 $0 $0 0 $0 0
$10,000,000 – $99,999,999 0 0 $0 $0 0 $0 0
Total Properties 337 Avg. 145 $353,598 $363,892 97 $374,143 94
Lowest Price: $55,000 Median Price: $336,000
Highest Price: $975,000 Average Price: $353,598
Total Market Volume: $119,162,469

Marcia’s 3rd Quarter Statistics!

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Just in – My 3rd Quarter Statistics –  This quarter I sold  4 homes  as a SELLER’S Agent (see my buyer agency homes sold below this post)- Average days on market for these homes is 43 days!  The average for the past 3 months in these towns is 148 days!  So I was able to beat the market by over 100 days!  If you want your home sold for the best possible price and in the least amount of time – Call me!

Franklin C.E. Colonial with Farmers Porch

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FIRST OPEN HOUSE

4 Vintage Way Franklin, MA

Sunday July 15, 2012  Noon to 2pm


4 Vintage Way


Overview
Maps
Photos
Features
Description
Neighborhood
Open House
$514,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
1 Partial Bathroom
1 Unit
Interior: 2,639 sqft
Lot: 20,473 sqft
Location
4 Vintage Way
Franklin, MA 02038
USA
To get updates on open home dates and other property events, please click the “Like” button below:
Marcia Doreen Kramarz

 Marcia Doreen Kramarz

Re/MaxExecutive Realty
(508) 377 7171
m.kramarz@comcast.net
http://www.keytometrowest.com

      

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Franklin Real Estate Statistics 2011

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Dean CollegeThe good news is that the Franklin Real Estate market is finally stabilizing.  There were 315 home sales in 2011 in Franklin, which includes multis and condos.  The least expensive home (a condo) sold for under $70k!  The most expensive home sold in 2011 in Franklin was sold just under $900k - So there’s something for everyone in Franklin for sure! 

If you would like to see the breakdown in pricepoints and see how your home price point did – take a look at the Franklin Home Sales Market 2011 rpt.  

As a summary, below is how we did overall comparing 2011 homes sales to 2010.  It’s great that the numbers are quite similar for both years.  This means the market in Franklin is finallly stabilizing.  And having looked at many other towns in the area, I can say this is a trend across all Metrowest Boston real estate – So the data is here to support we have stabilized.  

If you have any questions or if you would like a FREE market analysis for your home – Feel free to contact me – It would be my pleasure! 

Last Sale of the Year – A Wonderful Farmhouse in Franklin.

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Happy buyers!  And no surprise, they are moving into an updated Farmhouse tucked away in a corner of Franklin that provides peace and tranquility on this attractive 1.88 acre lot!   This antique has had many upgrades over the years but the architectural features of this 1800 home like the staircase,  the built ins, and the large family kitchen are still there.   My buyers are so excited and plan on putting their finishing touches on the home in the next few weeks.  What a way to start 2012!

My favorite spot is the front porch leading into the kitchen/family room!  

This home is a great value for these buyers – I’m ready to help YOU  find your dream home!

 15 Mount SOLD

Home Sold Statistics for Franklin, MA in November

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The November Sales numbers are in for single residential homes in FRANKLIN.  And with other towns, it’s amazing how similar this month looks like 12 months ago.  That’s why realtors will say that the market is stabilizing, homes are being sold at a regular rate.   In Franklin we had 13 homes sold in 2010 and only 11 in 2011 – But in 2011 we had more condo sales than in 2010 (5 verses 3 in 2010) –   It is true that the average list and sale price is a little higher than in 2010 but please notice the average size of homes selling this month over this month last year is a bit larger – and the actual per square foot sale price has slipped a bit over 2010 - 

Again I caution to make too many assumptions about these numbers as they’re only a one month snapshot – Next month we’ll post the entire year for Franklin.  Subscribe to my blog if you’d like to make sure you get that report.  

 

 

Franklin MA Real Estate Market Activity

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It’s always beneficial to know what the real estate market is doing in your town from one year to the next.  Here are some interesting statistics for Franklin in Norfolk County.
 
This October 2011 saw 30 homes being sold.  The average list price was $321,802 and the average sale price was $313,243. So homes in Franklin, on average are selling close to list price.  On top of that, 14 homes are currently under agreement with an average list price of $357,150.  The average market time for homes being sold was 102 days and for those under agreement, only 54 days! So it’s true, you can sell your home quickly in Franklin, a very desirable town, IF you price it correctly!
Comparatively, October 2010 saw only 18 homes being sold, however, their average list price was $360,728 and their average sale price was $347,639.  The average market time was 95 days – fairly similar from one year to the next. October 2011 seems to have been a more dynamic year than 2010. Let’s keep an eye on that!
If you’re thinking of buying or selling, CALL ME – I can help! Now is the time to BUY!
Stay tuned for November results at month’s end!