|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
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!
FIRST OPEN HOUSE
4 Vintage Way Franklin, MA
Sunday July 15, 2012 Noon to 2pm
4 Vintage Way
|Marcia Doreen Kramarz|
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The 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!
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!
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.
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!