$999K  
Home sales in the Franklin market remained cold in this week's report as they dropped 33.3% to two homes sold over the last 30 days. In comparison, nearby Chesapeake had 232 sales in the same time frame, the most of all neighboring cities. Potential buyers should note that prices went up in Franklin, with the median for this period rising from $49,900 to $94,950. Franklin is a definite buyer's market, thanks to a big 34 months of inventory to choose from and a pullback in sales.
Comments:

$207K  
Franklin is a larger than average city in Virginia with 8,582 residents. Its population is growing faster than the rest of the state, at a 10-year growth rate of 1.9%. Keep in mind, 45.0% of the homes in Franklin are owned, while 45.5% are rented. Topping the list of best schools in the city is Moyock Elementary School.
Comments:

$999K  
The Franklin market remained cold with two homes sold in the last 30 days, a 33.3% sales drop. Within the same time frame, Chesapeake had 277 sales, the most of all cities in the area. Prices are falling in Franklin, and this period the median price of all sales fell from $49,900 to $41,950. Franklin is a solid buyer's market, due to a big 35 months of inventory left and aided by the dip in sales.
Comments:

$207K  
Despite an identifiable downward trend in sellers reducing price, including one markdown over the last 30 days, sales in the Franklin market ticked up to three over the same stretch of time. A months of inventory number of 23 reported this week continued a four-week upward trend, to go along with the weak number of price reductions in the area. Even after uptick in sales, such a large amount of remaining inventory tells us that Franklin is still a definite buyer's market.
Comments:

$999K  
The Franklin market stayed soft this week as sales slid 33.3% to land at two homes sold over the last 30 days. On the other hand, close-by Chesapeake registered 282 homes sold in the same time frame, the most of all surrounding cities. The median sales price rose dramatically to $144,500, up from last week's $63,000. With decreasing sales and the availability of 34 months of inventory, Franklin is a definite buyer's market.
Comments:

$999K  
In this week's report, the number of homes sold in the Franklin market slid to three over the past 30 days. It marked a decrease of 57.1% from last week's report and a fall below the monthly average. Meanwhile, close-by Chesapeake reported 268 homes sales, the highest number from all the surrounding cities. The median sales price of all transactions in Franklin did not budge this week, remaining at $63,000. Franklin is a definite buyer's market, thanks to a big 24 months of inventory to choose from and a pullback in sales.
Comments:

$168K  
Over the last 30 days, the Franklin market was active with seven homes sold. It marks a 16.7% increase from last week's report, while also topping the average sales volume for the prior 12 months. Within the same time frame, Chesapeake had 223 sales, the most of all cities in the area. The median sales price rose to $63,000, up from last week's $57,500. Even after the uptick in sales, an elevated nine months of inventory tells us that Franklin is still a solid buyer's market.
Comments:

$207K  
Franklin is a city in Virginia. It's less affluent than average and the cost of living is average compared to the rest of the state, with a median income of $40,674 per household and cost of living adjustment score of 99.9. Franklin is made up of homes that are considered relatively old with a median of 38 years. The top school in the city is Moyock Elementary School.
Comments:

$309K  
The Franklin market broke below its 12-month average sales volume this week as sales dropped 28.6% to hit five homes sold over the last 30 days. Meanwhile, close-by Chesapeake reported 198 homes sales, the highest number from all the surrounding cities. The median sales price dropped to $52,000 over the latest reporting period for Franklin, down from $72,000. Franklin is a definite buyer's market, thanks to a big 12 months of inventory to choose from and a pullback in sales.
Comments:

$125K  
The Franklin market broke below its 12-month average sales volume this week as sales fell 14.3% to hit six homes sold over the last 30 days. Within the same time frame, Chesapeake had 210 sales, the most of all cities in the area. Prices took a turn lower, with the median sales price falling to a three-month low at $62,000. Franklin is a definite buyer's market, due to falling prices and a large 10 months of inventory left.
Comments:
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