Posts tagged as:

Home Sales

A slowdown in MA home sales coupled with an increase in the number of homes for sale caused home inventories to rise in Massachusetts in October. The bulge in the inventory of homes on the market in MA reflects a drop off in the number of ready, willing and able home buyers. A general weakening [...]

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Home Prices Rise in Franklin, MA

by Warren Reynolds on April 4, 2009

Median home sale prices rose in Franklin, MA during the first three months of 2009.  Single family home prices in Franklin climbed 10.9% compared to year-ago levels while Franklin condominium sale values were up 16.8%. Read the full story on the 1st Quarter 2009 home sales results for Franklin and broader regional markets in Massachusetts [...]

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High-Low Sales Report Mar 2009

by Warren Reynolds on April 2, 2009

The Franklin, MA real estate market strengthened moderately in March 2009 after the sluggish performance turned in for February.  The top selling prices of single family homes in Franklin for the month far surpassed February’s highest sales.  Single family sale volume in Franklin for March also bested February’s levels. It was very good to see [...]

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Absorption Rates March 2009

by Warren Reynolds on March 15, 2009

Single family home inventory in Massachusetts showed modest improvement in March 2009 compared to year-ago levels. The Franklin, MA real estate market experienced the least reduction; it carried 8.4 months of inventory in March 2009 (compared to 8.5 months in March 2008).   On the other hand, Franklin had the lowest level of inventory in the [...]

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Home Buyers Active, Shopping Mall Packed

by Warren Reynolds on March 9, 2009

This is a report from the trenches of Franklin, MA real estate, a quick status snapshot of things as they were Sunday, March 8, 2009 in the Franklin market area. Reality Check #1I went to a Sunday open house for a new listing in Franklin.   It was the first day of showings for a [...]

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High-Low Sales Report Feb 2009

by Warren Reynolds on March 2, 2009

There was a total of only seven single family home sales in Franklin entered on the MLS during February 2009.  This is an astonishingly low number for Franklin, MA! At a paltry 7, February’s total single family sale volume represents a 46% decline from the average number of February home sales achieved over the past [...]

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Absorption Rates February 2009

by Warren Reynolds on February 15, 2009

The inventory of single family homes for sale in Franklin, MA remained relatively unchanged at 6.6 months in February 2009 compared to February 2008’s 6.4 months of inventory. This essentially “status quo” statistic for Franklin, MA real estate does mask a guardedly positive trend in Franklin towards fewer single family homes actively for sale.  The [...]

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High-Low Sales Report Jan 2009

by Warren Reynolds on February 1, 2009

The Franklin, MA real estate market turned in a fairly stable performance in January 2009.  As you can see in the high-low sales report above, there were no great surprises in terms of selling prices. The report covers single family home sales in Franklin, MA that went of record during the month of January 2009.  These [...]

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Absorption Rates January 2009

by Warren Reynolds on January 30, 2009

Inventories of single family homes for sale rose in select Massachusetts regional markets in January 2009 compared to January 2008. As shown in the chart above, the supply of single family homes rose in January 2009 in Eastern MA, the regional market around Franklin, MA and in Franklin itself.  This indicates that home offerings are [...]