The January data for Franklin, Massachusetts is available and despite the cold weather, homes are selling.  The Multiple Listing Service reveals the following:

  • it is taking 107 days for homes to go under contract
  • 5 homes went under contract during the month of January
  • the average list price was $381,820
  • the average sales price was $369,596
  • 10 homes closed during the month
  • homes are selling within an average of 2% of their last price reduction but averaging 10% from their original asking price