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!
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