August, 2017
Buyers Market or Sellers Market?
With inventory greater than 7 months supply, Franklin is in a Buyers Market. There is currently 10.7 months supply on the market.
2016 Average Sales Price: $322,155
Market Snapshot
Franklin, NJ – Past 6 Months
| # of Bedrooms | # of Sales | Average Sales Price | Median Sales Price | Average Days on Market | Sales Price to List Price | Sales Price to Original List Price |
|---|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 0 | 0% | 0% |
| 2 | 1 | 300,000 | 300,000 | 223 | 92% | 86% |
| 3 | 3 | 273,967 | 269,900 | 62 | 96% | 90% |
| 4 | 10 | 330,972 | 347,500 | 51 | 97% | 95% |
| 5+ | 0 | 0 | 0 | 0 | 0% | 0% |
| TOTAL: | 14 | 316,544 | 337,500 | 65 | 96% | 94% |
Last Month’s Sales
Franklin, NJ – There was 6 sales in June 2017
| Town | Address | List Price | Property Type | Bedrooms | Bathrooms | Garage | Basement | Sales Price | Days on Market |
|---|---|---|---|---|---|---|---|---|---|
| Franklin Twp. | 2 SHIPMAN ROAD | $349,900 | Colonial | 4 | 2.1 | 2 | Y | $345,000 | 97 |
| Franklin Twp. | 26 BENJAMIN DR | $359,900 | Colonial | 4 | 2.1 | 2 | Y | $350,000 | 66 |
| Franklin Twp. | 30 Shurts Rd | $369,900 | Colonial | 4 | 2.1 | 2 | Y | $390,000 | 14 |
| Franklin Twp. | 375 WILLOW GROVE RD | $449,900 | Colonial | 4 | 2.1 | 2 | Y | $425,000 | 37 |
Detailed Listing View
