Franklin, MA home listings surge in April
It’s almost as if a listings spigot opened in Franklin, MA once the snow finally melted this month. April’s warm weather has brought a veritable flood of Franklin homes to the market! Since April 1st, 28 new Franklin single family home listings have been posted to MLS-PIN. That’s double the pace of listings previously seen in Franklin so far in 2014.
The surge of new listings in Franklin during the first 2 weeks of April already has pushed April’s listings total over the total number of new listings in Franklin for any prior month during the first quarter of the year.
And the response by buyers to all the new listings has been equally impressive: nearly 40% of April’s new listings in Franklin have already found buyers.
So if you’re in the market for a home in Franklin, you’d better jump on the new listings as they hit the MLS!
Fast pace of accepted offers keeps Franklin inventory low
The fact that so many of the new listings in Franklin, MA found buyers almost immediately means that the supply of homes for sale in Franklin, Massachusetts remains low. A tight supply of available homes has characterized the Franklin market for all of 2014.
The charts below give you a quick overview of of the real estate market in Franklin, Mass this April . . .
Franklin home sales by price bracket:
Franklin homes available for purchase by price bracket:
Current inventory of homes for sale in Franklin by price bracket:
So as you can see from the above charts, the supply of homes in Franklin, Massachusetts remains curtailed. But the new listings that entered the market in the first 2 weeks of the month are very encouraging. If the accelerated pace of new listings continues for the rest of April, beleaguered home buyers should have a bit more to choose from in Franklin. Just act quickly because the good listings sell quickly!
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