Looking for reliable information on Massachusetts (MA) home sales, home prices and MA real estate market trends? You’ll find it here with an added emphasis on home sales in the Franklin, MA real estate market area!
The reports you’ll find here are all original and exclusive to 02038.com. Our goal is to give you a better understanding of current trends in the Massachusetts real estate market. So you can make more informed decisions about your MA property and real estate investment opportunities.
Please click here if you’d like to discover what’s the value of your current home or investment property.
From the category archives:
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[post_content] => Franklin, Massachusetts is a hot town this May . . . and we’re not talking about the weather! The real estate market in this prime I495 community is sizzling. Franklin home prices are rising and it’s getting to the point that many properties for sale in town go under agreement almost as soon as showings begin.
Shortage of homes for sale
Demand has outpaced supply in Franklin, Mass since the year began. This trend has continued to such a degree in Franklin that housing inventory levels are stuck at extreme lows even at the peak of the spring home selling season.
There currently is only about a 3 month supply of homes for sale in Franklin, Massachusetts. That compares to over 7 months of supply this time last year and over 11 months' worth of homes on the market back in May of both 2011 and 2009. You'd have to go back to the boom years of 2002 - 2004 to find such tight market conditions in town.
Strong seller's market in Franklin
Today's 3 month supply of homes in Franklin, MA puts this highly desirable community at the forefront of hot real estate towns along the I495 corridor.
While low inventory rules the Franklin real estate market, conditions are not as tight in the regional market surrounding Franklin and indeed for most of the Bay State as a whole. In both those broader markets, there's about a 6 month supply of homes. Certainly there are other communities in the Greater Boston area where supplies are as low (or even lower) than they are Franklin, but you would be hard pressed to find a town in the I495 loop with a lower inventory of available homes than in Franklin, MA.
Why are homes in Franklin in such great demand?
Here’s why so many people want to live in Franklin, Massachusetts: Franklin offers attractive home prices with many young subdivisions of colonial homes, a prime location on I495 equidistant from Boston, Worcester and Providence, great childcare services, superb public schools, superior recreational resources (including a YMCA and other tennis and swimming clubs), a vibrant arts community, lot of fun fairs and community activities, and plentiful nearby shopping. In essence, Franklin is a wonderful place to live and raise a family!
Copyright ©2013 02038.com
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[post_content] => Greater Boston home prices continued their rise in the current reading of Massachusetts home values recently released by Standard and Poors. The seasonally adjusted S&P/Case-Shiller Home Price Index for Boston jumped 1.2% in February 2013, the most recent month for which price data is available for the Index.
Demographics support rising home prices?
Local home prices have been on a tear throughout 2013.
Prices are up over 5% from their recent lows back in November 2011 on the seasonally adjusted Boston Index.
And the recent run-up in area home values may be just a foretaste of things to come. We may all benefit from a pronounced long term market shift towards higher home values. That’s one of the exciting insights offered in an excellent article in Barron’s on the economic coming of age of the Millennial generation.
Housing next to benefit from demographic trends
As outlined in the Barron’s article, Millennials currently range in age from 18 to 37. As a demographic group they are 7% LARGER than the massive Baby Boom generation which had such a large impact on housing in the last quarter of the 20th century.
The Barron’s article details the positive effects the huge Millennial demographic cohort will have in coming years on housing, the stock market and the US economy in general. “Housing could be the next major industry to benefit from their size and maturation” the article notes.
“We're big believers in this housing recovery"
Regarding US housing, the Barron’s article makes several bullish projections:
♦ More young adults living in their parents’ homes will pack their bags and move out. That will spur an increase in U.S. household formation.
♦ Greater financial security could mean an increase in the birth rate. "A lot of Millennials put off having babies, and now they will get to work," one demographer quoted in the article says.
♦ Most significantly, there will be more home buyers than sellers in the 12 years ending with 2019, giving the housing market a huge boost.
Don’t bet against demographics
Demographic trends are very powerful forces in the social and economic development of any society. In every decade of the latter half of the 20th Century, the US experienced the profound influence of the Baby Boom generation (both for the good and the bad). Now we may stand poised to benefit in coming decades from the economic and social vitality about to be unleashed by the Millennial Generation as they come of economic age. There are many reasons for optimism about our futures!
Copyright ©2013 02038.com
[post_title] => Why housing may stay on the rise
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[post_content] => The median sales price of single family homes in Franklin, MA rose sharply to $410,000 in the first quarter just ended. That’s an impressive 16.8% increase over 2012’s first quarter median price of $351,000 and an eye popping 26.4% ahead of where Franklin’s median price was this time two years ago.
Low supply fuels price rise
The supply of homes for sale in Franklin has been extremely curtailed throughout 2013; Here’s how the supply of homes for sale in Franklin, MA looked during February 2013 compared to prior years:
The chart also shows just how depleted home inventories were in the greater Franklin market as well across the Bay State last February.
The dearth of available homes in Franklin continued into March and was further reinforced by a notable strengthening of demand for local homes as the spring selling market kicked into gear. Newly-confident home buyers flooded the greater Franklin market, spurred by the growing regional economy, phenomenally low mortgage interest rates and the realization that the bottom of the market is well behind us.
From a seller’s point of view, it has become a virtuous cycle of low home inventory fueling price increases which engender more buying which in turn drives the supply of available homes even lower.
Past rebound phony
A look at the first quarter median sales prices statewide since 2009 shows that we went through a prior updraft in home prices back in 2010:
Home prices rose in 2010 due to the artificial stimulus supplied to the real estate market by the Federal home buyer tax credits. Once those programs ended in April 2010, MA home prices wilted.
The seasonally adjusted Case Shiller Home Price Index for Boston clearly shows how Greater Boston home prices began their retreat in 2010 almost as soon as the Federal tax credit programs ended:
Price rise real this time
This time the price rebound seems firmly based on the real footings of a strengthening MA economy and renewed consumer confidence. There is no Federal program inflating home values this time. Yes, interest rates are being kept low by the Federal Reserve. But rates have been low for years. It was not until the MA economy strongly improved in 2012 that the MA real estate market began to revive.
Looking forward, the higher home prices go, the more homeowners will have positive equity. This should bring more homes onto the market, easing the frustration felt by prospective home buyers today.
It is so encouraging to see the improving real estate market, coming as it does after so many years of difficult times. 2013 looks to be a superb time to sell a home! If you are thinking of selling your home, please contact me today for a free, no obligation Home Value Analysis!
Copyright ©2013 02038.com
[post_title] => Franklin MA homes prices surge 16.8 percent
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[post_content] => As we approach March and the start of the prime spring home selling season, the supply of available colonial homes for sale in Franklin, MA is nearly depleted. It has been DECADES since there have been so few colonials for sale in Franklin this time of year! With many regions of the US already seeing double digit gains in home sale prices, can a home price spike in this desirable community in the I-495 region of Massachusetts be far behind?
Few colonial homes for sale in Franklin
2012 saw a huge increase in home sales volume in Massachusetts. The sales pace has kept up so far in 2013. There’s a general shortage of single family homes for sale throughout the I-495 high tech corridor and indeed across most of Massachusetts. But for colonial homes in Franklin, MA supplies of available homes are extraordinarily - even historically - tight.
As shown in the image above, there were only 32 colonial homes for sale in Franklin in late February. This compares to 54 Franklin colonials for sale this time last February, 73 colonials in late February 2011 and 75 colonials back in February 2010.
I went all the way back to the mid-1990s when Franklin was undergoing a home building boon and there were 100s of colonials for sale in Franklin - since then, straight to today, NEVER have there been so few colonial homes for sale in Franklin on the MLS at this time of year just before the start of the spring market!
Tight inventory of colonials expressed as months of supply
Here's how the inventory of colonial homes in Franklin looks as expressed as months-worth of supply:
What this means is that at the current rate of colonial home sales in Franklin, it would take only 2.7 months to sell all the colonial homes currently available in town. This is a very low inventory of colonials and compares to 5.2 months of supply of Franklin colonials in February 2012 and 8.7 months in February two years ago.
Tight inventories lead to home price increases elsewhere in US
An article in the current edition of BusinessWeek details recent large gains in home prices ongoing in many areas of the US.
The article says metro-Phoenix is experiencing near boom conditions with a 22.9 percent increase in metro-Phoenix home prices in calendar year 2012 according to figures provided to BusinessWeek by the research firm CoreLogic.
Here’s how home values* are faring in select regions of the country according to BusinessWeek:
(*Note the percent gain for Phoenix in the graphic above is larger than the CoreLogic figure because it reflects 4th quarter 2012 median prices compared to the 4th quarter of 2011 rather than the price change for the full calendar year just ended as calculated by CoreLogic.)
The three factors contributing to the recent US home price gains cited by BusinessWeek are low mortgage rates, low inventories of homes for sale and a recovering local economy. Sounds like conditions in Franklin, MA, doesn’t it? It would seem Franklin is ripe for some price appreciation!
Colonial home owners in Franklin have an opportunity
Because the supply of colonials for sale in Franklin is currently so exceptionally low, Franklin colonial home sellers right now face very little competition – that’s great news for sellers! If you live in Franklin and own a colonial, Spring 2013 looks to be an unparalleled opportunity to sell your home with pricing power. So if you’ve been thinking of selling, now is the time to spring into action! Explore your options - get the facts - contact Warren for a free, no-obligation Home Value Analysis! Ask for one today!
Copyright ©2013 02038.com
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[post_content] => The supply of single family homes for sale in Massachusetts hit 8 year lows in February, according to data maintained by MLSPIN, the largest MLS serving the Bay State. The dearth of available homes today rivals the tight supplies last seen in the Commonwealth near the peak of the market boom back in February 2005. The current low inventory of homes for sale comes amid an increase in buyers entering the market as we head towards March and the start of the hyper-active spring home selling season. The imbalance between supply (low) and demand (high) may begin to put upwards pressure on area home prices this spring. Add to this volatile mix the high octane fuel of today’s historically low mortgage interest rates and we may witness in 2013 a sudden ignition of MA home values.
21.6% fewer homes for sale
At mid-month this February, there are roughly 15,600 active single family home listings on MLSPIN, a 21.6% decline from the approximately 19,900 listings active on MLSPIN this time one year ago.
The number of single family homes in Massachusetts currently available on MLSPIN is an astounding 36.8% less than the roughly 24,800 homes for back in February 2008. As confirmed in an article posted by the Boston Herald, the current low inventory of single family homes for sale is especially acute in Boston and extends to most communities in the Rte 128 and I-495 region of the Bay State:
“The trend of low home inventories continues into 2013, as prospective buyers had 23 percent fewer homes to choose from this week statewide, compared to a year ago, according to data from the MLS Property Information Network.
In Boston alone, the number of units currently for sale is down a staggering 45 percent compared to last year.”
Absorption rate analysis
Absorption rate analysis is a tool commonly used by real estate brokers and investors looking to get insight into the future direction of home values in a given real estate market.
A variety of absorption rate formulas exist. All methods estimate the current state of the market by determining how long it would take to sell (or “absorb”) all properties currently for sale in a select geographic area.
Most calculations produce a “months’ worth” of housing inventory and this figure is often compared to supply levels in earlier time periods. The comparison gives you a good reading of whether the local market is likely headed up or down in coming months.
Here’s how an absorption rate analysis depicts the current amount of housing supply in Massachusetts, the I-495 region around the Town of Franklin, MA and in Franklin itself:
As you can see above, the supply of homes for sale in all three market areas is very low. There is only a 4.6 month supply of single family homes for sale across the Commonwealth this February. This is down sharply from the 7 month supply of homes available last year at this time.
Conditions in the Town of Franklin, MA and nearby communities are even tighter. There currently is only a 4.3 month supply of homes in the Franklin regional market and an exceedingly low 3.2 months of inventory in the Town of Franklin itself.
This shortage of available housing as the spring 2013 home selling season approaches is making for some frustrated home buyers. Reports of bidding wars are common. There’s so little for sale that most properly-priced homes in Franklin sell very quickly!
In past real estate market cycles, such tight conditions typically led to upwards pressure on home values. Home prices are rising in other areas of the country, but there have been no dramatic price moves yet in Massachusetts.
It will be very interesting to see how the market evolves in 2013. I will keep a close eye on prices for you!
Copyright ©2013 02038.com
[post_title] => Listing shortage may trigger MA home price surge as spring market nears
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[post_content] => 2012 was a good year for real estate in Massachusetts. Sales volume for all of Mass was up sharply and home prices firmed. For colonial homes in Franklin, MA both sales volume and the median sales price also increased in 2012, but at more subdued rates. You can read an in-depth report on the year just past in MA real estate, with a special focus on colonial home sales in Franklin by following the hotlink or the image below.
See all colonial homes for sale now in Franklin, MA
Did you know you can view all colonial homes for sale in Franklin on the MLS in real time? Just follow the hotlink or the image below:
Colonial median price higher in 2012
2012 saw the median sales price for of colonial homes in Franklin rise 1.8% in 2012 to $469,580 (from $461,500 in 2011). The median sales price for all single family homes (including colonials) in Franklin rose 4.1% in 2012.
This was the first year of price gains for colonials in Franklin since the start of the 2007 - 2009 financial crisis. This performance may be something of a statistical fluke because this home style has been (and is likely to remain) the most popular “home of choice” for the majority of buyers in Franklin.
While demand for colonials in Franklin has remained strong, the median price for colonials may have lagged because colonials are the only single family house style in Franklin to have seen any significant new construction over the last several years. Year to year fluctuations in the number and pricing of these new colonials may be skewing the median sale price stats for colonials in town.
Sales volume up for second year in a row
Sales of colonial homes in Franklin, MA increased 3.8% in 2012.
It was the second straight year of gains in colonial home sale volume in Franklin. Colonial homes in Franklin are likely to enjoy continued strong demand from buyers in 2013.
If you are thinking of selling your colonial in Franklin
If you are a prospective home seller thinking of selling your colonial home in Franklin, read the full 2012 Franklin Colonial Home Market Update.
If you have any questions about where your home fits in the current market in terms of price or saleability, I would be happy to assist you. I’ll develop a solid game plan to get your home sold for top dollar! Please call me at 508-613-2889 or send me an email and I’ll get right back to you.
Here’s to a happy, healthy and prosperous 2013!
Copyright ©2013 02038.com
[post_title] => 2012 real estate recap: Franklin MA colonial homes
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[post_content] => 2012 was a solid year for sales of cape homes in the Town of Franklin, MA. Sales volume was up for the second year in a row while the median sales price of capes in Franklin rose 1.8%. You can read an in-depth real estate review for the year just ended that covers cape home sales in Franklin and the overall real estate markets in Franklin and the Commonwealth by following the hotlink or the image below.
See all cape homes for sale now in Franklin, MA
Did you know you can view all cape homes for sale in Franklin on the MLS in real time? Just follow the hotlink or the image below:
2012 cape sales strong in Franklin
Sales volume for cape homes in Franklin, Mass climbed 21.6% in the year just ended.
2012 was the 2nd consecutive year of notable gains in cape sales volume in Franklin. 2012 cape sales volume was a whopping 60.7% above 2010’s sales totals.
Median price up as well
The median sale price for Franklin capes rose 1.8% in 2012. The median sales price for all single family homes in Franklin was up 4.1% for the year. In fact, firming home values across MA were a very promising feature of the 2012 real estate market.
At $325,000, the median sale price of capes in Franklin is 8.5% higher than where it was back in 2002 ($299,500). That’s pretty impressive considering the 40% - 60% collapses in home values experienced in other areas of the United States during the 2007 - 2009 world financial crisis. Put in that context, home values for capes in Franklin as well as all homes throughout MA have held up relatively well over the last 5 years.
If you are thinking of selling your cape in Franklin
If you are thinking of selling your cape in Franklin, 2013 may be best time to sell a home in the last 5 years! Read the full 2012 Franklin Cape Home Market Update to get an accurate read on the current market for cape homes in Franklin, MA.
To find out exactly what your home is currently worth, seek input from a local real estate broker who knows the Franklin market for cape homes very well. I would be happy to assist you with this. I would help you get the home ready for market and make sure your home is priced appropriately so that it sells for the most it can command! Please contact me at 508-613-2889 or send me an email for a free, no obligation home value analysis.
Here’s to a happy, healthy and prosperous 2013!
Copyright ©2013 02038.com
[post_title] => 2012 real estate recap: Franklin MA cape homes
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[post_content] => Statistics can sometimes be misleading. That’s certainly the case with the 2012 median sales price statistics for antique homes in Franklin, MA. 2012 was a much better year for Franklin antique home sales than the annual median price stats might lead you to believe. You can read a report that gives you the full story on the 2012 Franklin antique home market by following the hotlink or the image below:
See all antique homes for sale now in Franklin, MA
Did you know you can view all antique homes for sale in Franklin on the MLS in real time? Just follow the hotlink or the image below:
More on the 2012 market for antique homes in Franklin
The median sale price for Franklin antiques homes slipped 5.3% in 2012, while at the same time the median price for all single family homes in Franklin rose 4.1%.
But take a large grain of salt with the disparity in those statistics! There were a disproportionate number of low-priced sales of antique homes in Franklin during 2012. Many of these were short sales and foreclosures of small, neglected homes. These low-end transfers caused the median sale price of antique homes in Franklin to decline in 2012. These sales lessen the validity of the 2012 median price figure as an accurate read on the current market values of antiques in Franklin. What this means is your antique home may be worth more today than the median price stats indicate!
Sales volume holds steady
For each of the last five years, sales of antique homes in Franklin, MA have been very consistent.
Each year, annual sales volume has fluctuated in a narrow range between a low of 21 sales (2012, 2010 and 2008) and a high of 24 sales (2009). The dependability of sale production each year shows there is a ready market for antique homes in Franklin.
If you are thinking of selling your antique in Franklin
Don’t be discouraged by the misleading 2012 median sales price statistic for antiques in Franklin. Download and read the insightful 2012 Franklin Antique Home Market Update – there is some very upbeat news in the Report about the overall Franklin and Massachusetts real estate markets!
If you are curious about the value of your antique home in Franklin, I would be happy to assist you. I know the Franklin market for antiques very well and will assure that your home is priced appropriately so that it sells for the most it can command! Give me a call at 508-613-2889 or send me an email.
Here’s to a happy, healthy and prosperous 2013!
Copyright ©2013 02038.com
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[post_content] => Sales volume rose for split level and raised ranch homes in Franklin, MA during 2012. The median sale price for Franklin splits/raised ranches did decline some in 2012. But an historic 22% jump in home sales across the Bay State for the year has set an upbeat, optimistic tone for Mass real estate as 2013 gets underway.
Follow the hotlink or the image below to access a colorful, easy-to-read report on the 2012 split level and raised ranch market in Franklin. You’ll also get in-depth coverage of important happenings in the overall Franklin market as well what made real estate news across Massachusetts in the year just ended.
See all split level and raised ranch homes for sale now in Franklin, MA
Did you know you can view all split level and raised ranch homes for sale in Franklin on the MLS in real time? Just follow the hotlink or the image below:
Split sales volume up in 2012
Sales of split level and raised ranch homes in Franklin jumped over 17% in 2012.
2012’s activity racked up the largest number of sales of Franklin splits/raised ranches in several years.
Median price dips
2012 saw the median sale price for split level and raised ranch homes in Franklin slip a bit to $306,500.
The 2.7% decline for 2012 still leaves the median sale price for splits and raised ranches in Franklin nearly 4% higher than its 2009 low of $295,000. The median sale price for all single family homes (including splits/raised ranches) in Franklin rose 4.1% in 2012.
Thinking of selling your split level/raised ranch home?
If you are a prospective seller of a split level or raised ranch home in Franklin, download the full 2012 Franklin Split Level & Raised Ranch Home Market Update. Your sale will be more successful with the help and guidance of a local real estate broker who knows the Franklin market for split levels and raised ranch homes very well. I would be happy to assist you with all aspects of your pre-sale planning . . . no cost, no obligation! Please give me a call at 508-613-2889 or email me - you'll be very glad you did!
Here’s to a happy, healthy and prosperous 2013!
Copyright ©2013 02038.com
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[post_content] => 2012 was a good year for ranch home sales in Franklin, MA. The median sale price for Franklin ranches increased 2.1% in 2012, with sales volume holding steady. You can read an informative, attractive and easy to read report on the 2012 ranch home market in Franklin, Mass by following the hotlink or the image below.
See all ranch homes for sale now in Franklin, MA
Did you know you can view all ranch homes for sale in Franklin on the MLS in real time? Just follow the hotlink or the image below:
Steady demand for Franklin ranches in 2012
19 ranches sold in Franklin during 2012, the same number that sold in 2011.
For the last five years, the number of ranch homes changing hands in Franklin annually has fluctuated in a fairly narrow range. The low was 17 ranch sales in 2010 and the high was 25 sales in 2009. This consistent annual sales volume shows that the there is durable demand for ranches in Franklin. Affordable, updated ranches received the greatest interest in 2012.
Median sale price of ranches trends higher
The median sale price of ranch homes in Franklin rose 2.1% in 2012 to $245,000 (from $240,000 in 2011).
This was the first increase in the median price for ranches in the last 3 years. The median sale price for all single family homes (including ranch homes) in Franklin rose 4.1% in 2012.
If you are thinking of selling your ranch in Franklin
Demand for quality one level homes should continue strong in 2013. If you are thinking of selling your ranch home in Franklin, read the full 2012 Franklin Ranch Home Market Update here.
If you have any questions about how your Franklin ranch stacks up in the local market in terms of price, features and amenities, I would be happy to assist you. I’ll develop a solid game plan to get your home sold for top dollar; just give me a call at 508-613-2889 or email me. No cost or obligation!
Here’s to a happy, healthy and prosperous 2013!
Copyright ©2013 02038.com
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[post_content] => Franklin, Massachusetts is a hot town this May . . . and we’re not talking about the weather! The real estate market in this prime I495 community is sizzling. Franklin home prices are rising and it’s getting to the point that many properties for sale in town go under agreement almost as soon as showings begin.
Shortage of homes for sale
Demand has outpaced supply in Franklin, Mass since the year began. This trend has continued to such a degree in Franklin that housing inventory levels are stuck at extreme lows even at the peak of the spring home selling season.
There currently is only about a 3 month supply of homes for sale in Franklin, Massachusetts. That compares to over 7 months of supply this time last year and over 11 months' worth of homes on the market back in May of both 2011 and 2009. You'd have to go back to the boom years of 2002 - 2004 to find such tight market conditions in town.
Strong seller's market in Franklin
Today's 3 month supply of homes in Franklin, MA puts this highly desirable community at the forefront of hot real estate towns along the I495 corridor.
While low inventory rules the Franklin real estate market, conditions are not as tight in the regional market surrounding Franklin and indeed for most of the Bay State as a whole. In both those broader markets, there's about a 6 month supply of homes. Certainly there are other communities in the Greater Boston area where supplies are as low (or even lower) than they are Franklin, but you would be hard pressed to find a town in the I495 loop with a lower inventory of available homes than in Franklin, MA.
Why are homes in Franklin in such great demand?
Here’s why so many people want to live in Franklin, Massachusetts: Franklin offers attractive home prices with many young subdivisions of colonial homes, a prime location on I495 equidistant from Boston, Worcester and Providence, great childcare services, superb public schools, superior recreational resources (including a YMCA and other tennis and swimming clubs), a vibrant arts community, lot of fun fairs and community activities, and plentiful nearby shopping. In essence, Franklin is a wonderful place to live and raise a family!
Copyright ©2013 02038.com
[post_title] => It’s getting hot in Franklin, MA
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by Warren Reynolds on May 18, 2013
Franklin, Massachusetts is a hot town this May . . . and we’re not talking about the weather! The real estate market in this prime I495 community is sizzling. Franklin home prices are rising and it’s getting to the point that many properties for sale in town go under agreement almost as soon as showings [...]
Tagged as: Franklin MA Home Sales, Massachusetts Real Estate
{ 0 comments }
by Warren Reynolds on May 3, 2013
Greater Boston home prices continued their rise in the current reading of Massachusetts home values recently released by Standard and Poors. The seasonally adjusted S&P/Case-Shiller Home Price Index for Boston jumped 1.2% in February 2013, the most recent month for which price data is available for the Index. Demographics support rising home prices? Local home [...]
Tagged as: Case Shiller Index Boston, Massachusetts Home Prices
{ 0 comments }
by Warren Reynolds on April 4, 2013
The median sales price of single family homes in Franklin, MA rose sharply to $410,000 in the first quarter just ended. That’s an impressive 16.8% increase over 2012’s first quarter median price of $351,000 and an eye popping 26.4% ahead of where Franklin’s median price was this time two years ago. Low supply fuels price [...]
Tagged as: Franklin MA, Massachusetts Home Prices
{ 0 comments }
by Warren Reynolds on February 26, 2013
As we approach March and the start of the prime spring home selling season, the supply of available colonial homes for sale in Franklin, MA is nearly depleted. It has been DECADES since there have been so few colonials for sale in Franklin this time of year! With many regions of the US already seeing [...]
Tagged as: Franklin MA Real Estate, Massachusetts Real Estate
{ 0 comments }
by Warren Reynolds on February 16, 2013
The supply of single family homes for sale in Massachusetts hit 8 year lows in February, according to data maintained by MLSPIN, the largest MLS serving the Bay State. The dearth of available homes today rivals the tight supplies last seen in the Commonwealth near the peak of the market boom back in February 2005. [...]
Tagged as: Massachusetts Home Prices, Massachusetts Real Estate
{ 0 comments }
by Warren Reynolds on January 14, 2013
2012 was a good year for real estate in Massachusetts. Sales volume for all of Mass was up sharply and home prices firmed. For colonial homes in Franklin, MA both sales volume and the median sales price also increased in 2012, but at more subdued rates. You can read an in-depth report on the year [...]
Tagged as: Franklin colonial homes
{ 0 comments }
by Warren Reynolds on January 14, 2013
2012 was a solid year for sales of cape homes in the Town of Franklin, MA. Sales volume was up for the second year in a row while the median sales price of capes in Franklin rose 1.8%. You can read an in-depth real estate review for the year just ended that covers cape home [...]
Tagged as: Franklin cape homes
{ 0 comments }
by Warren Reynolds on January 14, 2013
Statistics can sometimes be misleading. That’s certainly the case with the 2012 median sales price statistics for antique homes in Franklin, MA. 2012 was a much better year for Franklin antique home sales than the annual median price stats might lead you to believe. You can read a report that gives you the full story [...]
Tagged as: franklin antique homes
{ 0 comments }
by Warren Reynolds on January 14, 2013
Sales volume rose for split level and raised ranch homes in Franklin, MA during 2012. The median sale price for Franklin splits/raised ranches did decline some in 2012. But an historic 22% jump in home sales across the Bay State for the year has set an upbeat, optimistic tone for Mass real estate as 2013 [...]
Tagged as: Franklin split level homes
{ 0 comments }
by Warren Reynolds on January 14, 2013
2012 was a good year for ranch home sales in Franklin, MA. The median sale price for Franklin ranches increased 2.1% in 2012, with sales volume holding steady. You can read an informative, attractive and easy to read report on the 2012 ranch home market in Franklin, Mass by following the hotlink or the image [...]
Tagged as: Franklin ranch homes
{ 0 comments }
Warren Reynolds, Esq, GRI, e-PRO
Tel: 508.613.2889 | Contact
Century 21 Commonwealth
9 Main Street
Franklin, MA 02038
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