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Every spring, the inventory of homes for sale across Massachusetts rises as home sellers put their properties on the market to catch the prime spring home selling season. Each spring, Franklin, MA also sees a rise in the supply of homes for sale. But for the last 2 spring home selling seasons, the supply of single family [...]
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Franklin MA’s real estate activity in February gave conflicting signals about where the Spring 2010 market may be headed. Single family home sales in Franklin during February were lackluster. Yet the “feel” of the Franklin market during the month was upbeat and active. Open houses were heavily attended and buyers were actively scheduling showings, looking [...]
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Inventory levels of condominiums for sale in Franklin, MA showed a marked improvement in February 2010. This continued the trend towards absorption of standing condo inventory noted in January. Franklin condo sale volume recovers Sales of Franklin condos recovered strongly in the second half of 2009. Sale volume had cratered during the first half of [...]
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Massachusetts real estate turned in a pretty good performance in 2009, given how dire national economic conditions were at the start of the year. Greater Boston single family homes prices are up 6% from their March 2009 lows. MA single family home sale volume rose 4.2% in 2009 compared to 2008 levels, while the inventory [...]
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Forbes.com has projected that metro-Boston home prices will rise over 20% in the next 5 years. This means that Boston home prices will recover almost all of the value lost in the recent real estate crash if the future unfolds as Forbes.com predicts. Bullish forecast This bullish forecast for Massachusetts real estate was part of [...]
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Home sales in Franklin, MA soared during the month of July 2009, posting the best results for the month since the boom year of 2004. According to data maintained by MLSPIN, the multiple listing system serving most of the Commonwealth, 34 single family homes sold in Franklin, Massachusetts (population 31,000+) in July. This easily exceeded [...]
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The inventory of homes for sale in Massachusetts dropped modestly during the first half of 2009 compared to last year. This is good news for the Massachusetts housing market, especially coming as it does on the heels of the recently reported increase in Boston area home prices. Market Bottom? Home-for-sale inventory is a closely watched [...]
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The broadest measure of housing inventory in MA showed a substantial decline in June 2009 as the amount of property for sale in Massachusetts fell by 9%. June 2009 saw 11.2 months’ supply of single family homes for sale throughout Massachusetts. This represents a 9% decline in housing inventory compared to the 12.3 months’ worth of [...]
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The supply of homes for sale in Franklin, MA rose in May 2009. A large number of recent new listings of Franklin houses contributed to the inventory increase. There are currently 11.2 months’ worth of homes for sale in Franklin. This represents a full month’s increase in supply, compared to the approximately 10 months of [...]
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Warren Reynolds, Esq, GRI, e-PRO
Tel: 508.613.2889 | Contact
Century 21 Commonwealth
15 West Central Street
Franklin, MA 02038
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