Home Prices Franklin MA February 2014
Real estate market data for Franklin, MA provided by
Carol -Ann Palmieri, Remax Executive Realty
Franklin Home Prices
If you are wondering what is happening in the Franklin MA real estate market, a quick glance at the graph below paints the picture. Homes are moving quickly. Inventory is low. It's good news for homeowners with an average 4.4 percent rise in home values since last year. Predictions are that the trend will continue, but at a lower rate.
Single Family Inventory:
If you are interested in seeing exactly what the current inventory looks like in Franklin MA, you can find that by just clicking this link. Current inventory in Franklin, MA
There are currently 11 properties on the market priced below $300,000. The average price per square foot is $204. You can expect about 1260 square feet of living space.
$300,000 and $500,000. As of right now, there are 12 homes available in this range. The average price per square foot is $197. Expect to find Cape and Colonial style homes and new construction is even an option.
There are 9 listings priced between $500,000 and $750,000. Average price per square foot is $195. Expect to find resale and new construction in this range.There are 8 listings over $750,000. The average price per square foot is $240. Expect new construction and custom resale homes.
Franklin Real Estate Report Summary:
If you are considering buying a home in Franklin, MA, don't sit on the sidelines for too long. Start actively looking now. The "spring market" has already commenced and is just going to get more competitive.
If you are a seller, pricing your home in line with comparable home sales will bring you an offer close to asking in a short amount of time.
Find Homes for Sale in Franklin, MA:
Visit my website to search for homes in Franklin MA or to be notified when Franklin homes come on the market.
To find out what your home is worth in the current market email me firstname.lastname@example.org or call 508-494-9061.
A great local real estate agent is your best offense in negotiating the market.
Regardless of what side of the fence you find yourself on, you need an agent knows the market and the neighborhoods inside and out.
Put my 26 years of experience to work for you!