Franklin, NC ~ February Residential Report 2010 and a look back at 2009

Franklin, NC ~ February Residential Report 2010 and a look back at 2009

There were 704 Residential Homes on the market 78 of them were new listings and 29 of them were coming back on the market.

Month of February 2010 Franklin, NC MLS

Homes Sold: 22

Average Sales Price: $147,068

Average Days on the Market: 182                                                  

Percent of List Price:  90.86%

Pening Sales:  7                                                             

Expired:  35

There were 704 Residential Homes on the market 89 of them were new listings and 40 of them were coming back on the market.

Month of January 2010 Franklin, NC MLS

Homes Sold: 20

Average Sales Price:  $133,929

Average Days on the Market:  239

Percent of List Price:  93.34%

Pening Sales:  6                                                              

Expired:  45

Here is last years February 2009 Franklin, NC MLS

Home Sold: 21

Average Sales Price:  $158,750

Average Days on the Market:143

Percent of List Price:  91%

Pening Sales:not avail.

Expired: not avail.

So, here in beautiful Franklin, NC we have sold just two more properties than last month.  The average price jumped up.  Days on the market has dropped significantly.  Percentage of list vs sold price dropped 2.34% so people are taking still less, probably just to be rid of the property.  I know I am ready for a change.  Spring is here and our market is starting early this year.  I know its got me hopping.

For what its worth, there you have it!

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