Aug. 7, 2008 - July 2008 Residential Sales

Franklin Township Residential Sales

Jul. 5, 2008 - June 2008 Residential Sales

Franklin Township Residential Sales

The month ended with 64 Franklin Township single family residences sold between June 1 - 30, 2008. Sale prices ranged between $135,000 and 730,000.

The month ended with 604 active listings on the market, including 118 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Jun. 7, 2008 - May 2008 Residential Sales

Franklin Township Residential Sales

The month ended with 41 Franklin Township single family residences sold between May 1 - 31, 2008. Sale prices ranged between $210,000 and 785,000.

The month ended with 483 active listings on the market, including 103 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

May. 5, 2008 - April 2008 Residential Sales

Franklin Township Residential Sales

The month ended with 48 Franklin Township single family residences sold between April 1 - 30, 2008. These properties sold during this period at an average of 96% of listing price.** 

The month ended with 592 active listings on the market, including 141 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Apr. 7, 2008 - March 2008 Residential Sales

Franklin Township Residential Sales

The month ended with 59 Franklin Township single family residences sold between March 1 - 31, 2008. These properties sold during this period at an average of 98% of listing price.** 

The month ended with 550 active listings on the market, including 149 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Mar. 4, 2008 - February 2008 Residential Sales

Franklin Township Residential Sales

The month ended with 25 Franklin Township single family residences sold between February 1 - 29, 2008. These properties sold during this period at an average of 96% of listing price. 

The month ended with 566 active listings on the market, including 169 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Feb. 5, 2008 - January 2008 Residential Sales

Franklin Township Residential Sales

The month ended with 30 Franklin Township single family residences sold between January 1 - 31, 2008. These properties sold during this period at an average of 96% of listing price. 

The month ended with 496 active listings on the market, including 120 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Jan. 5, 2008 - December 2007 Residential Sales

Franklin Township Residential Sales

The month ended with 37 Franklin Township single family residences sold between December 1 - 30, 2007.

The month ended with 499 active listings on the market, including 44 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Dec. 8, 2007 - November 2007 Residential Sales

Franklin Township Residential Sales

The month ended with 59 Franklin Township single family residences sold between November 1 - 30, 2007.

The month ended with 543 active listings on the market, including 105 new listings.

If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Nov. 4, 2007 - October 2007 Residential Sales

Franklin Township Residential Sales

The month of October ended with 48 Franklin Township single family residences sold in an average of 82 days on the market (DOM) and received 96% of the listing price. October ended with an average new listing price of $383,291 and an average sale price of $353,141.

The month ended with 601 active listings on the market, including 125 new listings. If you have a question about a specific property in town, or stats for surrounding areas, please don't hesitate to contact me.

Source: Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.**

Oct. 8, 2007 - September 2007 Residential Sales

Franklin Township Residential Sales

This month the report takes on a new format. Now you will be able to view photos (where available) of the properties that sold/closed during the month.

The month of September ended with 47 Franklin Township single family residences sold with an average of 74 days on the market (DOM) and receiving 97.6% of the listing price. The average list price was $327,399 and the average sale price was $319,508.

The month of September ended with 473 active listings remaining on the market.

If you have a question about a specific property in town, or stats for surrounding areas, please do not hesitate to contact me

Source: GSMLS

Sep. 17, 2007 - August Residential Sales

The month of July ended with 65 Franklin Township single family residences sold ranging between 9 and 208 days on the market. 

Houses that were under contract for the month amounted to 94.  The month ended with 489 active listings which remained on the market.

The monthly chart that I regularly post still contains an error.  Therefore, this month it will not be published. I apologize for any inconvience this might cause.

If you have a question about a specific property, or stats for surrounding areas, please do not hesitate to contact me.

Aug. 17, 2007 - July Residential sales

Franklin Township Residential Sales

The month of July ended with 75 Franklin Township single family residences sold with an average of 74 days on the market and receiving 98% of the listing price. 

The month also ended with 640 active listings which remained on the market. This is a decrease of 8 new properties from the previous month.

If you have a question about a specific property, or stats for surrounding areas, please do not hesitate to contact me.

AREA MARKET ANALYSIS REPORT - BY TOWN, BEDROOMS (Month To Date)

SEARCH CRITERIA County Code: 27 Town Code: 2708 Period 1: 7/2007 Period 2: 7/2007

BY TOWN: Franklin Twp. (2708)

#Beds Active Listings New Listings Under Contract Sold Listings SP/LP   # Avg. LP Med. LP # Avg. LP Med. LP # Avg. LP Med. LP Avg. DOM # Avg. SP Med. SP Avg. DOM   0 0 00 00 0 00 00 0 00 00 0 0 00 00 0 0% 1 3 157,933 149,900 1 178,900 178,900 0 00 00 0 0 00 00 0 0% 2 210 293,148 280,000 48 271,340 259,900 34 281,970 274,950 56 31 272,459 270,000 84 98% 3 185 372,624 345,000 45 372,208 354,000 17 363,018 339,900 76 21 375,433 335,000 84 97% 4 201 521,341 459,500 36 524,117 465,000 11 566,671 585,900 78 16 478,906 455,000 55 98% 5+ 41 726,424 649,900 4 629,925 629,900 0 00 00 0 7 607,857 605,000 45 97% TOWN 640 414,911 349,999 134 383,138 338,000 62 354,704 317,200 66 75 376,637 323,500 74 98%

ALL TOWNS 640 414,911   134 383,138   62 354,704   66 75 376,637   74 98%

© Copyright, Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** MICHAEL ADAMS

Jul. 18, 2007 - Franklin Towship Home Sales

I have been providing raw data on monthly Franklin Township home sales for a while, now. But what do those numbers really mean?

Reviewing statistics for homes sold over the past several months, you can see that the local selling price has remained at approximately 97% of the listing price.  When examining Days On the Market (DOM) over the last six months, properly priced homes took 75 days to sell in contrast to 40 days in 2005.  I must add that these numbers reflect homes that were priced correctly, from the start. 

The inventory of Franklin Township housing stock on the market for the past six months has fluctuated between a low of 515 to a high of 783.  The month of June 2007 ended with 648 active listings. 

Today's local home values are similar to prices of August 2005 for houses sold. The month of June 2007 ended with an average Franklin Township selling price of $342,128.  The month of August 2005 ended with a average Franklin Township selling price of $343,354.  For long time home owners with plenty of equity, conditions are still ripe to sell your home.   

Much talk has been of a "Buyers' Market".  After a closer look, I would describe current local conditions as not so much a "buyers' market", here in Franklin Township, but one still in transition from a seller's market to a buyers' market.  

In summary, homes that are well priced and show well will find a buyer.  Don't price your home with the expectation of reaping values of 2006. Do listen to the recommendations of your real estate agent to improve how well your home shows to prespective buyers, its pricing and marketing plan.  Failing to heed these suggestions could have your home selling a competitors; when being compared. 

Jul. 12, 2007 - June residential sales

Franklin Township Residential Sales

The month of June ended with 69 Franklin Township private residences sold with an average of 66 days on the market and receiving 97% of the listing price. 

The month also ended with 648 active listings which remained on the market. This is an increase of 34 new properties from the previous month.

If you have a question about a specific property, or stats for surrounding areas, please do not hesitate to contact me. 

 

AREA MARKET ANALYSIS REPORT - BY TOWN, BEDROOMS (Month To Date)

SEARCH CRITERIA County Code: 27 Town Code: 2708 Period 1: 6/2007 Period 2: 6/2007

BY TOWN: Franklin Twp. (2708)

#Beds Active Listings New Listings Under Contract Sold Listings SP/LP   # Avg. LP Med. LP # Avg. LP Med. LP # Avg. LP Med. LP Avg. DOM # Avg. SP Med. SP Avg. DOM   0 0 00 00 0 00 00 0 00 00 0 0 00 00 0 0% 1 7 196,500 152,900 2 147,450 145,000 2 151,400 149,900 14 3 145,000 145,000 24 97% 2 214 293,981 279,900 54 288,391 275,000 28 277,682 274,900 63 24 295,558 282,000 59 97% 3 190 378,696 345,000 48 386,653 339,900 22 379,568 339,900 73 24 360,104 340,000 54 97% 4 191 517,180 450,000 41 522,629 454,000 14 490,607 410,000 59 17 443,794 418,000 101 97% 5+ 46 700,526 649,900 5 658,540 649,900 5 532,700 449,900 83 1 440,000 440,000 89 96% TOWN 648 412,416 349,900 150 394,319 337,500 71 365,639 320,000 65 69 350,078 335,000 66 97%

ALL TOWNS 648 412,416   150 394,319   71 365,639   65 69 350,078   66 97%

© Copyright, Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** MICHAEL ADAMS

Jun. 7, 2007 - May Residential Sales

Franklin Township Residential Sales

The month of May ended with 65 Franklin Township private residences sold with an average of 77 days on the market and receiving 97% of the listing price. 

The month also ended with 614 active listings which remained on the market. This is an increase of 59 new properties from the previous month.

If you have a question about a specific property, or stats for surrounding areas, please do not hesitate to contact me.  

AREA MARKET ANALYSIS REPORT - BY TOWN, BEDROOMS (May 2007)

SEARCH CRITERIA County Code: 27 Town Code: 2708 Period 1: 5/2007 Period 2: 5/2007

BY TOWN: Franklin Twp. (2708)

#Beds Active Listings New Listings Under Contract Sold Listings SP/LP   # Avg. LP Med. LP # Avg. LP Med. LP # Avg. LP Med. LP Avg. DOM # Avg. SP Med. SP Avg. DOM   0 0 00 00 0 00 00 0 00 00 0 0 00 00 0 0% 1 5 208,720 152,900 2 151,400 149,900 1 145,900 145,900 45 0 00 00 0 0% 2 197 298,771 286,000 60 282,395 279,900 25 293,984 283,000 79 28 252,046 242,000 56 98% 3 184 376,055 349,900 44 379,829 339,900 29 363,631 350,000 65 19 336,258 319,000 96 96% 4 183 519,287 449,000 54 483,736 439,000 17 455,453 424,500 101 17 471,456 519,000 81 98% 5+ 45 709,278 649,500 16 613,931 624,900 2 628,450 459,000 83 1 575,000 575,000 217 95% TOWN 614 417,008 359,500 176 397,180 349,000 74 365,411 349,900 78 65 339,015 310,000 77 97%

ALL TOWNS 614 417,008   176 397,180   74