Franklin Lakes homes sales, real estate update & statistics 2010 vs. 2011 presented by Jeana Cowie
www.BergenCountyNJHouses.com or www.remaxagentbergencounty.com
Franklin Lakes, NJ home sales & real estate update 2010 vs. 2011 All statistics provided by the New Jersey Multiple Listing Service (NJMLS)
| Year 1: 2010 | Year 2: 2011 |
| Number of Sold Listings | Dollar Volume of Sold Listings | Median Sold Price | ||||||||||
| 2010 | 2011 | Diff | %Chg | 2010 | 2011 | Diff | %Chg | 2010 | 2011 | Diff | %Chg | |
| January | 7 | 2 | -5 | -71 | $9,567,500 | $1,737,500 | -7,830,000 | -82 | $1,175,000 | $868,750 | -306,250 | -26 |
| February | 8 | 7 | -1 | -13 | $6,828,500 | $6,287,500 | -541,000 | -8 | $841,750 | $823,000 | -18,750 | -2 |
| March | 12 | 4 | -8 | -67 | $10,351,500 | $3,470,250 | -6,881,250 | -66 | $710,000 | $647,625 | -62,375 | -9 |
| April | 5 | 6 | 1 | 20 | $4,756,500 | $6,046,000 | 1,289,500 | 27 | $891,000 | $795,500 | -95,500 | -11 |
| May | 8 | 11 | 3 | 38 | $7,348,000 | $10,763,012 | 3,415,012 | 46 | $794,500 | $907,500 | 113,000 | 14 |
| June | 10 | 8 | -2 | -20 | $10,879,000 | $8,171,000 | -2,708,000 | -25 | $762,500 | $879,000 | 116,500 | 15 |
| July | 6 | 12 | 6 | 100 | $6,215,000 | $11,731,900 | 5,516,900 | 89 | $1,010,000 | $767,500 | -242,500 | -24 |
| Total | 56 | 50 | -6 | -11 | $55,946,000 | $48,207,162 | -7,738,838 | -14 | n/a | n/a | n/a | n/a |
January - July 2010 Total Sold: 56
January - July 2011 Total Sold: 50
-11% Change
January - July 2010 Average DOM: 123.2
January - July 2011 Average DOM: 97.1
-21% Change
January - July 2010 Total $ Sold: $55,946,000
January - July 2011 Total $ Sold: $48,207,162
-14% Change
January - July 2010 Average Median Sold Price:$883,536
January - July 2011 Average Median Sold Price: $812,696
-8% Change
| --- Information herein deemed reliable but not guaranteed. 8/23/2011 4:07:16 PM --- |
| --- Copyright: 2011 by New Jersey MLS, Inc. --- |
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