Franklin Park Real Estate Market Extends Downward Trend in Contracts

Sales fell to six homes sold in the Franklin Park market over the last 30 days. Furthermore, a confirmed downturn in the number of pending transactions continued, with five completed in the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. Potential buyers should note that prices went up in Franklin Park, with the median for this period rising from $168,250 to $171,625. With only one month of inventory to sell, Franklin Park is a still definite seller's market, even after taking into consideration the falling contracts numbers.

Being aware of new listings is a great exercise in finding the right home so take a look at these in Franklin Park:

$154K   $179K   $169K  

Get started right now by checking out Franklin Park homes for sale or reviewing Franklin Park real estate trends.

Demographic facts for Franklin Park:

  • The average elevation is 553 ft.
  • The median income is $39,613 per household.
  • There are 501 students for every counselor. (513 = national average)

Data reported through 10/12/2016

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Donna Homes, a Private Label Realty affiliate

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