February, 2019
Buyers Market or Sellers Market?
With inventory greater than 7 months supply, Franklin is in a Buyers Market. There is currently 7.1 months supply on the market.
2018 Average Sales Price: $291,229
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 | 1 | $50,000 | $50,000 | 44 | 83% | 72% |
| 3 | 11 | $223,283 | $245,000 | 60 | 96% | 94% |
| 4 | 6 | $351,167 | $388,500 | 97 | 98% | 92% |
| 5+ | 1 | $341,000 | $341,000 | 236 | 103% | 97% |
| TOTAL: | 19 | $260,743 | $282,000 | 80 | 97% | 93% |
Last Month’s Sales
Franklin, NJ – There were 2 sales in December 2018
| Town | Address | List Price | Property Type | Bedrooms | Bathrooms | Garage | Basement | Sales Price | Days on Market |
|---|---|---|---|---|---|---|---|---|---|
| Franklin Twp. | 41 Whites Rd | $329,900 | Colonial | 5 | 3.1 | 2 | Y | $341,000 | 236 |
| Franklin Twp. | 6 COPPERFIELD DR | $415,000 | Colonial | 3 | 2.1 | 3 | Y | $410,000 | 13 |
Detailed Listing View
