The latest report from MyMarketPulse (mymarketpulse.com) has been published, offering a comprehensive review of Franklin, Virginia’s real estate market for August 2024.
The Median Sale Price for properties in Franklin was documented at $301,000 for August 2024. This price point is an upward move of 0.5% from the previous month and shows a 9.5% rise from the year before.
The area witnessed the sale of 14 homes during this period, which is a 250.0% increase from the preceding month and an increase of 55.6% compared to the same timeframe last year.
The median time homes spent on the market was 47 days, which is down 14 days compared to last month and an increase of 3 days over the previous year.
The Market Pulse Score for Franklin is presently at 105, signaling an upward trajectory in the market’s activity.
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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