Double digit home price gains in Franklin

Franklin home sellers are enjoying a strong fall selling season this year! September saw the median sale price of Franklin single family homes shoot up over 14% compared to last year. Franklin home sales volume also rose, although much less powerfully.

At $389,000, September’s median sale price of single family homes in Franklin rose 14.4% over September 2014’s median.  27 single family homes changed hands in Franklin on MLSPIN during the month just ended.  That’s a 2.9% increase over Franklin home sales volume the previous September.

Robust September throughout Massachusetts

Across the Bay State, single family median sale prices and sales volume were up in September, compared to one year ago.

MA home sales and prices Sept 2015

It’s very encouraging to see home sales volume posting double digit gains in September in the broadest measures of the Massachusetts housing market.  Single family home sales rose over 15% on MLSPIN across the state, while the Eastern Massachusetts market saw home sales volume spike over 13% compared to September 2014.  The rise in September’s median sale price was not as pronounced throughout MA as it was in Franklin, but the median sale price rose 4.6% overall in the Commonwealth  and 5.1% in the eastern half of the state.

Contact Realtor Warren Reynolds with any questions you may have about real estate in the greater Franklin market or anywhere in the Bay State!

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