Here is the March 2011 data from the Multiple Listing Service for Franklin, Massachusetts real estate:
- 121 available homes for sale
- median price is $484,900 and average price is $491,157
- current inventory is 192 days on market which is somewhat skewed due to new construction
- lowest current price is $160,000
- highest current price is $1.5 million
- 41 listings have changed price with an average 2.58% price reduction
- 19 pending listings with 106 days on the market
- median pending price is $359,900 and average pending price is $396,669
- 17 homes have sold in the past month with 189 days on the market until closiing
- median sales price was $332,500 and average sales price was $384,088
- 97% is the difference between average listing and selling price--meaning that homes are selling within 3% of their asking price
Call me at 508-369-5131 or email franklinmahomes@comcast.net if you need statistics that are specific to your own home or homes you are hoping to purchase...
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