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

14 September 2012 Franklin WI Real Estate Market Update

Hi, Troy Chowanec, RE/MAX Realty 100. Today I’m coming to you from the Hidden Lakes Subdivision in Franklin Wisconsin. Today is Friday September 14th 2012. I wanted to give you a quick market update and snapshot on what’s going on in this market here locally.

Currently there’s 142 active single family homes for sale in the Franklin marketplace. The average asking price is $293,883. The average square footage is 2245 square feet and the homes have been on the market an average of 178 days right now. Last month August 2012 there were 24 single family homes that sold. The last asking price of the homes that did sell was on average $247,798 that’s significantly less that the average asking price of those homes that are active and if you look at the square footage its not that different. 2225 square feet is the average square footage of the homes that sold in August. The days on market is significantly less almost 78 days less that’s over 2 months fewer days. The average days on market was 98 days in the Franklin market for those homes sold in August 2012.

Half the homes in Franklin sold in August for $230,000 or less and half sold for $230,000 or more so your median price is right there at about $230,000. The low price home that sold was $80,000. That was a home located over at 6811 S 111th Street and the high sale of the month for August was $385,000. That was a home that was over at 8569 S. River Terrace Drive in Franklin. If you have a question about selling your home in Franklin or buying a home feel free to give me a call or shoot me an email. Again my name is Troy Chowanec (with) RE/MAX Realty 100. Have a great day!

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