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

1st Quarter 2010 Statistical Analysis Single Family Home Sales Franklin, Wiscoinsin

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 1st quarter of 2010 in the City of Franklin WI (the same last quarter but up from 29 during the same period in 2009.) The monthly break down is as follows:

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  • January – 11 homes sold
  • February – 14 homes sold
  • March – 22 homes sold

There are 207 active listings in Franklin, WI as of 12 April 2010 (up from 137 back in January) of which 30 have accepted offers. There are an additional 12 homes that are in pending status meaning that they are pretty much ready to close. Homes sold in the 1st quarter 2010 were on the market, on average, 168 days, up from 106 from the 4th quarter and 137 from the 3rd quarter last year. Homes were selling for 96.88% of last asking price and 92.75% of assessed value which represent little from last quarter. Based on the sales data for the quarter, there is currently a 13-14 month supply of inventory in the Franklin, WI Market up from the 8-9 month supply we had in January. There was a total of $11,664,700 in sales volume (down from the previous 2 quarters) which translates into an average sales price of $248,185 (Down about 7K from Q4 2009) for the Franklin WI home market.

(all data collected using the Metro-MLS 4/12/10)

1st Quarter 2010 Statistical Analysis Single Family Home Sales Franklin, WI

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