Franklin MA Market Report

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Franklin is a great marketplace in which to do business and to be a resident…..I’m fortunate to be able to say I am both a Franklin businesswoman and a resident. 

Via Kathy Stankard (RE/MAX Executive Realty):

Taking a look at the Multiple Listing Service, MLSPIN, for Franklin, MA over the past three months reveals the following data:

  • There are currently 75 single family homes for sale–the average price is $447,897
  • There are 20 single family homes under contract or waiting to close–the average price is $377,629
  • There are 21 homes that have closed with an average sales price of $404,493
  • Homes have sold within 3% of their most recent price

So what does this all mean, you may ask?  I will mention the obvious first–buyers are concentrated in thechalkboard lower sales numbers.  This may or may not be due to the first time homebuyer tax credit incentive.  Since the tax credit will expire on April 30th it will be interesting to gauge whether the buyer pool shifts in terms of their price range.

The data also indicates that homes that are priced right will sell based upon the 3% list to selling ratio above.  Sellers may see all sorts of offers but prcing right from the start will get the home sold close to its asking price.

If you are thinking about selling and wonder what your home is worth, please give me a call or email and I will provide the honest data you need to make your decision…

 

Kathy Stankard  RE/MAX balloon

The Kelly & Colombo Group

RE/MAX Executive Realty                                             

cell: 508-369-5131

email: franklinmahomes@comcast.net

website:  www.franklinmahomes.com

 

About susanmorrison

After living in Walpole, MA for many years, our family was transferred to the west coast when I was a senior in high school. In 1983, I graduated from Mission San Jose High School in Fremont, California. I am also a 1987 graduate of Providence College with a major in liberal arts and a minor in business administration. I bring to the table many years of sales experience beginning with thirteen years in Corporate Sales at Delta Air Lines. I'm the mother of three children and I'm very active within the Franklin, MA community. I am also a cancer survivor and support the American Cancer Society Charities.

My husband and I have built five homes and I've lived in a variety of other locations including Toronto Canada, Irving Texas and my current home in Franklin, MA. As a result of all my moving around, I came to the conclusion that I was an expert at moving...why not become an expert on the other side of the table? I earned my real estate license in 2004 and believe that I have found my true niche'. I can empathize with my clients on a variety of levels; whether they are buying or selling. And, like so many other good realtors out there, I believe that possessing good communication skills is one of the many keys to success.

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