Franklin Massachusetts Homes Blog

Franklin, Massachusetts home prices have dropped a bit over the past few years as have most Boston area suburbs.  Mortgage rates remain historically low and home prices are still very affordable for most working families who have some deposit money saved.  Here is a look at three homes under $350,000 in Franklin, MA:

• 5 Bedroom Colonial with 2184 living area in a great neighborhood location. Updated kitchen w/silestone counters &stainless appliances. Large family room w/fireplace. Hardwood & tile throughout. Large master with updated bath. Dining area opens to your 3 season room. Enjoy your large fenced in backyard.  Asking $349,900

• Private setting for this lovely 3 bedroom Dutch gambrel on almost an acre w/small pond. 2266 Living area, Front to back living room/family room w/fireplace and sliders to deck. Front to back master w/triple sized closet and 2 other bedrooms up. Finished basement w/full door gable walk out basement, a 10x12 screened porch, shed and perennial gardens. Asking $342,500

Mint condition Gambrel with 1498 living area. Great family neighborhood circle, new granite kitchen & custom cabinets. Front to back living room, large back yard & deck  Asking $314,900

Give me a call at 508-369-5131 or email franklinmahomes@comcast.net if you want to get your home search started...  I'll make the process easy and stress-free as my testimonials prove!

I have to admit that April 2012 in the Franklin, Massachusetts Real Estate market was a bit odd!  Not odd in and of itself but in relation to the very busy January and February months, April sales activity had petered out to a certain extent. 

Don't get me wrong...  There are still plenty of buyers and sellers but 2012 started off with a flurry that is usually only seen in March or April.

Here is the Franklin, MA April sales data from the Multiple Listing Service (Pinergy):

• 112 ACT or active listings averaging a list price of $459,201
• 31 listings had price changes which totalled a 4.47% average price decrease
• 17 homes went under contract
• 15 homes SOLD
• SOLD homes averaged 131 days on the market
• April average list price was $350,160
• April average sales price was $330,487
• 6% was the list to sales ratio for the month

If you need help buying or selling in the Franklin, MA or greater Boston area, give me a call at 508-369-5131 and I can get you started with a plan of action.  My testimonials show I help you create a stress-free, convenient real estate experience!

The Multiple Listing Service (Pinergy) for the greater Boston area just released its first quarter 2012 market data which I am showing here.  Although some towns show a price drop when compared to one year ago, the town of Franklin, MA reports an 8.1% increase in its median sales price. Franklin had 34 sales during this first quarter only to be outdone by Dedham, MA (02026) which had 39 sales.

Home inventory is still very low in most greater Boston towns which continues to result in bidding wars for good condition, well-priced homes.  Most of my recent buyers are learning that they are saving about $500-800 per month by owning a home rather than paying their current rent!

If you need help selling or buying this spring, give me a call at 508-369-5131 to get the process started.  I'll provide the information and resources for a smooth, stress-free process...

I'm so happy for my buyer since we had one of those home inspections that you could only dream of.  There was only one noteworthy issue with the electrical system needing some updating but otherwise this Framingham, MA home was great.

Realtors and buyers should and do expect small issues when it comes to homes but I have seen alot of homes in which the plumbing, roof or furnace have serious issues which ends up knocking money off the sale. The wise homeowner who gets a pre-sale inspection and/or makes regular improvements to their home ends up with an easy transaction and is ultimately more likely to achieve a higher sales price.

In case you were wondering, the buyer had originally agreed to pay full price for this home due to a bidding war.  Now the seller is very accomodating and intends to make the needed repairs and upgrades to this electrical system.

If you need help starting your home search, give me a call at 508-369-5131 or email franklinmahomes@comcast.net.  I have a reputation for smooth and stress-free transactions--just ask my many testimonials.

It was such a pleasure working with this very informed couple.  They were ready to move away from renting in the city to start a family in the suburbs.  Just like most buyers, they were mostly concerned with location and school ranking for the towns that they had narrowed their search.  Of course, being young first-time buyers their budget limited the homes that they could pursue. 

After getting into a bidding war with 6 other buyers for a Franklin, MA home within walking distance to the train and not able to exceed their budget, we turned our attention to the next town--Wrentham, Massachusetts.

The amazing home we found offered everything they were looking for including a neighborhood location, close proximity to the highway and commuter rail, four bedrooms, and a private backyard.  They plan to personalize the paint colors and update the kitchen but are thrilled with the hardwood flooring and newer roof.  We managed to get this home after a bidding war with only one other buyer for $283,505 which was only $3000 over its asking price.

Give me a call at 508-369-5131 if you need help getting started on your own home search.  I'll show you how the process can be smooth and stress-free.

I have attempted to show some of the more outstanding properties that are currently on the Franklin, MA real estate market through these Best Buy lists.  These homes may or may not be my listings, rather they are, in my opinion only, the best choices for the money...

This adorable 3 bedroom ranch with an updated ktichen and hardwood floors is located in the desirable Kennedy school district.  Updates include a new furnace, hot water heater and new roof.  Asking $314,900.

Cul-de-sac home with farmer's porch, inground pool, and large fenced backyard.  Four bedrooms and first floor den/office.  Kitchen features granite countertops and double oven.  Asking $450,000.

Four bedroom Dianna Estates dream home with new roof, new interior paint, and newly remodeled master bath.  Spacious granite kitchen with slider to back deck.  Huge Finished walkout basement with bar and additional bath--walks out to 2 tier private backyard.  Asking $524,900.

Feel free to call to view these or other homes.  If you would like to know what your home would sell for, I would be happy to provide a no-obligation market analysis.  Just call 508-369-5131 or email franklinmahomes@comcast.net.

Despite what you still hear on the evening news, the greater Boston and local Franklin, Massachusetts real estate market is doing just fine.  No we do not have enough listings to show our buyers but interest rates are very low and home prices are affordable.   Due to the low inventory of homes, multiple offers and bidding wars are common on well priced, good condition homes.

The first quarter (3 month) 2012 Franklin real estate data from the Multiple Listing Service (pinergy) shows some interesting trends:

• there are 102 currently available homes
• $441,787 is the current available home average price
• 60 listings had price changes--most changes were in the $500,000-$599,000 homes
• 22 homes are pending
• $389,782 is the average pending price
• there were 34 SOLD homes
• 188 was the average days on market for the SOLD homes
• $371,583 was the average SOLD price
• $383,800 was the average list price of those SOLD homes
• this translates to the fact that homes have been selling about 4% from their asking price

Call me at 508-369-5131 if any of this is confusing or if you are trying to determine what your home is worth.  I'll provide the data to show within $10,000 what your home will sell for.