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

19 January 2013 Franklin WI Real Estate Market Update

Hi, Troy Chowanec with RE/MAX Realty 100. Today is Saturday the 19th of January. We are just in the middle of our mid winter thaw here and I wanted to bring you a market update for the Franklin Wisconsin marketplace specifically. Currently there’s 96 single family homes for sale in the Franklin marketplace. That’s 11 less than we had at the end of last month and 46 less then we had in September when I reported to you.

The average asking price right now for homes in Franklin Wisconsin is $290,586. The average square footage is 2108 square feet. These homes have been on the market an average of 223 days. Currently the lowest priced home not under contract in Franklin is a property at 11343 W. Mayers Drive and that’s currently listed at $68,300. The highest priced property is still the one over at 9301 W. Rawson Avenue but they’ve had a price reduction. They were at $999,000 and now they’re at $899,000. The median priced home right now is over at 7448 Karth Court and that’s priced at $252,000.

In the Month of December there were 19 single family homes sold. The average last asking price of these homes was $277,953 and the average sold price was $264,553 That means that homes were getting on average 97% of last asking price for those homes that sold in December. The average home was 2189 square feet and was on the market 166 days on average. The low priced home that sold in December goes to a property at 7341 S. 37th Street. It sold for $56,900. The high priced home that Sold in December was at 7070 S. Woelfel Road in Franklin and it sold for $512,500. The median priced home in December was sold for $242,900 and that was located at 8889 Lake Pointe Drive in Franklin right to the west of where I’m at.

Today I am actually at Imperial Heights and this is an Alesci Homes subdivision. If you have questions about selling or listing your home in Franklin or if you are looking to buy a home in Franklin feel free to reach out to me and I’ll see what I can do to help you out. Again, my name is Troy Chowanec with RE/MAX Realty 100. Have a great weekend.

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