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Somerset 08873

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   74 365,411   78 65 339,015   77 97%
 
© Copyright, Garden State MLS, L.L.C. **Info. deemed RELIABLE but not GUARANTEED - ALL Room Sizes are Approx.** MICHAEL ADAMS

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08873 is the Postal Code for Franklin Township in Somerset County, NJ and we love living here. Hi, I'm Mike Adams and this is a Real Estate blog For and About current and future residents of Franklin Township, also known as Somerset New Jersey. I would love to help you with your central NJ real estate needs. Just contact me via phone, my websites or email. I invite your comments and please visit Somerset 08873 often. Michael Adams CENTURY21 Our Town Realty 852 Easton Ave, Somerset, NJ 08873 Business: 732.828.3700 ext.306 Fax: 732.828.3913 mjadams@century21.com http://www.mjAdamsSellsHomes.com

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