Market Update Franklin Boro. NJ May 2009

During the month of May 2009 there were ten newly listed properties in Franklin Borough, NJ with an average asking price of $210,350.00 and as of this date these properties were on the market for an average of 21 days.

Nine properties went under contract having passed the Attorney Review process with an average asking price of $188,166.00 these properties were on the market for an average of 85 days! ("If you price it right, they will come")

Four properties transferred title With an average asking price of $73,200.00 and an average SOLD price of $70,500.00 these properties had been on the market for an average of 156 days.

If you own a property in Franklin Boro., NJ and would like to know its value in todays market, please call Gary Rocks at the number listed.