Franklin, MA Market Watch – 9 October 2009

Currently there are 111 single family homes on the market in Franklin, Massachusetts. The houses have an average list price of $483,000 and an average market time of 182 days. There are 24 properties available for $300,000 or less. On the upper end of the scale, there are six properties listing for $800,000 or more.

In the last week five new single family homes came on the market. They ranged in price from $269,900 to $629,900. The new properties are on Beech Street, Pleasant Street, Fisher Street, Jefferson Road and two on Penny Lane.

Four single family homes went under agreement in the last week. They are located on Bacon Street, Longhill Road, Hunters Run and Charles River Drive. One other single family home is flagged to go under agreement soon.

Three single family homes sold in the past week in Franklin. The first was a 2 bedroom ranch on Pleasant Street that sold for $142,857. The next was a 2 bedroom bungalow on Squire Street that sold for $252,000. The last was a 3 bedroom colonial on Jefferson Road that sold for $570,000.

There are currently 120 condos on the market in Franklin. The condo average list price is $326,000 with an average price per square foot of $179. Average time on market is 186 days. Three condos went under agreement this past week. They were on King Street, Highwood Drive and Quince Landing. Two other condos were flagged to go under agreement soon. No condos were sold in the past week in Franklin.

There are 8 multi-family homes currently on the market in Franklin. The average list price is $367,000 and the average market time is 92 days. Two new multi-family homes came on the market in the last week. One was on Fisher Street and the other on East Central Street. There was no other activity in the multi-family market.

Please give me a call for more information on homes in Franklin.

Marian Pierre-Louis
Realtor
Prudential Page Realty
(508) 254-3417