Total Inventory: Inventory is extremely low for Franklin and has been that way since since the beginning of 2013.
Median Sales Price: Oddly, the median sales price hasn’t moved much, hovering around the mid $300’s.
Unit Sales: Units sales are a little bouncy but are definitely moving in the right direction and correspond nicely with the amount of available inventory during the year.
Market Time for Sold: The most encouraging sign for Franklin home sellers is days on market is down to approx. 50 days.
All signs are positive for the Franklin real estate market but like almost everywhere else in MA, good inventory is hard to find. The median sales price is isn’t something to be too concerned with as Franklin is a town with a very high concentration of homes in the $300-$400K price range. Great place for first-time buyers!