The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Franklin, Virginia’s real estate market for February 2024.
The report shows that the Median Sale Price in Franklin reached $227,500 as of February 2024, marking a decrease of 18.00% over the previous month and a 31.30% drop compared to a year ago.
6 homes were sold, a decrease 25.00% from the previous month and a decrease of 40.00% from the prior year.
The median time homes spent on the market was 17 days, which is down 65 days compared to last month and a decrease of 39 days over the previous year.
Currently, with a Market Pulse Score of 89, Franklin’s real estate market appears to be experiencing a downtrend.
For more information about the Franklin, Virginia market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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