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Franklin Real Estate and Homes For Sale in Wisconsin - Troy Chowanec, RE/MAX Realty 100, RealtorĀ®

4th Quarter 2009 Statistical Analysis Single Family Home Sales Franklin, Wisconsin

Troy Chowanec

Here are the current market conditions for the Franklin Wisconsin Single Family Home Real Estate Market.

There were 47 homes sold during the 4th quarter of 2009 in the City of Franklin WI (21 less than last quarter.) The monthly break down is as follows:

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  • October – 20 homes sold
  • November – 19 homes sold
  • December – 8 homes sold

There are 137 active listings in Franklin, WI as of 5 January 2010 (down from 203 in the 2nd quarter and 175 in the 3rd quarter) of which 11 have accepted offers. There are an additional 13 homes that are in pending status meaning that they are pretty much ready to close. Homes sold in the 4th quarter 2009 were on the market, on average, 106 days, down from 157 from the 2nd quarter and 137 from the 3rd quarter. Homes were selling for 95.82% of last asking price and 92.94% of assessed value which are fractional changes from last quarter. Based on the sales data for the quarter, there is currently a 8-9 month supply of inventory in the Franklin, WI Market up for the first time in two quarters. There was a total of $12,025,550 in sales volume (down about 22% from last quarter) which translates into an average sales price of $255,863 (up about 35k from the previous quarter) for the Franklin WI home market.

(all data collected using the Metro-MLS 1/5/10)

4th Quarter Statistical Analysis Single Family Home Sales Franklin WI 53132

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