FRANKLIN NEW JERSEY AREA MARKET REPORT FOR JULY 2007
During this time period there were 11 new properties listed with an average asking price of $305,799.00 the least expensive property is a Colonial home with eight rooms three bedrooms and two baths on .27 acres of property and is asking $169,000.00. The most expensive property is a ranch home on 7.92 acres of property and is asking $774,900.00.
Six properties went Under Contract with an average list price of $239,800.00. With two properties still remaining in attorney review.
Two properties closed title with an average asking price of $234,000.00 and an average sold or closed price of $229,000.00. The average days on market was 112 days!
Five properties were listed as Expired meaning the agreements between the Seller an their agent had elapsed. The average list price was $378,060.00.
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