Sales Decline in Franconia Real Estate Market

The Franconia remained below its 12-month average sales volume this week as sales fell 7.7% to hit 48 homes sold over the last 30 days. In comparison, nearby Alexandria had 174 sales in the same time frame, the most of all neighboring cities. The median sales price rose to $389,500, up from last week's $379,500. Despite the slip in sales, a relatively low one month of inventory indicates that Franconia is a solid seller's market.

If a home with lots of bedrooms is what you want, then be sure to go see these listings in Franconia:

$819K   $755K   $650K  

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

Demographic facts about Franconia:

  • 71.2% of the people living here own their homes.
  • The one-year job growth rate in this area is 2.09%.
  • The students per teacher ratio in this area is 13.2:1. (15.3:1 = national average)

Data reported through 1/11/2017

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Fathom Realty
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