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Franklin Lakes NJ Real Estate Recap of 2009 & 2010 Predictions
Happy New Year, Franklin Lakes! 
It is now time to recap our 2009 market and make some 2010 predictions for Franklin Lakes, NJ real estate.  I want to disclose that unlike most of the state, Franklin Lakes has a very low inventory and low home sale figures compared to most areas of NJ, moreso in the country.  As many know, Franklin Lakes is dominated by estates and multi-million dollar real estate listings.  Just one single sale can alter the monthly figures quite a bit. 
Before we get into the numbers, don't forget to browse all Franklin Lakes homes for sale via our customized MLS / IDX gadget which has all listings updated every 24 hours.
Due to time constraints and deadlines to complete our reports, we have generated all statistics from the NJMLS which is the dominant MLS system for Franklin Lakes.  So without further ado, let's see how Franklin Lakes real estate did this year!
2008
66 Homes Sold in Franklin Lakes during 2008 Average Sales Price was $1,386,420 2009
74 Homes sold in Franklin Lakes during 2009 Average Sales Price was $1,129,598 The comparison of 2008 and 2009 shows that there was a 10% increase in sales volume in 2009.  ... more

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