July, 2018
Buyers Market or Sellers Market?
With inventory greater than 7 months supply, Franklin is in a Buyers Market. There is currently 9.8 months supply on the market.
2017 Average Sales Price: $332,229
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 | 2 | $302,598 | $302,598 | 298 | 88% | 60% |
| 3 | 8 | $231,094 | $247,500 | 57 | 97% | 91% |
| 4 | 9 | $348,539 | $330,000 | 55 | 98% | 95% |
| 5+ | 2 | $357,950 | $357,950 | 464 | 101% | 99% |
| TOTAL: | 21 | $300,319 | $328,650 | 118 | 97% | 89% |
Last Month’s Sales
Franklin, NJ – There was 5 sales in June 2018
| Town | Address | List Price | Property Type | Bedrooms | Bathrooms | Garage | Basement | Sales Price | Days on Market |
|---|---|---|---|---|---|---|---|---|---|
| Franklin Twp. | 30 Asbury Broadway Rd | $189,900 | Custom | 2 | 1.0 | 0 | Y | $195,000 | 183 |
| Franklin Twp. | 4 Halls Mill Rd | $345,300 | Colonial | 4 | 2.1 | 3 | Y | $328,650 | 7 |
| Franklin Twp. | 4 Price Dr | $346,000 | Colonial | 4 | 2.1 | 2 | Y | $330,000 | 18 |
| Franklin Twp. | 17 Warne Way | $376,900 | Colonial | 5 | 2.1 | 2 | Y | $371,000 | 814 |
| Franklin Twp. | 352 Old Main Street | $419,500 | Colonial | 4 | 3.0 | 2 | Y | $410,000 | 47 |
Detailed Listing View
