The July 2024 real estate analysis for Franklin, Virginia, has been unveiled by MyMarketPulse (mymarketpulse.com), presenting detailed market insights.
July 2024’s data reveals a Median Sale Price of $299,500 for homes in Franklin. This figure represents a decline of 17.4% month-over-month and a 27.2% year-over-year decrease.
The area witnessed the sale of 4 homes during this period, which is a 20.0% decrease from the preceding month and a decrease of 50.0% compared to the same timeframe last year.
Additionally, the Median Days on Market for listings was observed at 61 day, 41 day longer compared to the previous month and longer by 23 days from last year.
With the Market Pulse Score sitting at 84, the trend in Franklin’s housing market seems to be falling.
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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