Franklin Park Real Estate Market Update April 2018

Real Estate In Franklin Park is a sellers’ market with low inventory of homes in Franklin Park and a lot of buyer interest. There is a 4.32 months supply of inventory on the market in Franklin Park on April 30, 2018.
Now is the Time to Sell!
The average market time for a Single Family Homes to sell in Franklin Park last month was 22 days.
It took on average 20 days to sell Franklin Park Condo, Townhouse or a Duplex.
The number of home sales in Franklin Park from March 1, 2018 through March 31, 2018 was 17 units. That is 1% above the number of homes sold last month in Franklin Park.
The average price per square foot in the area is now $154/Sq.Ft, which is 2% an increase from last month.
In Franklin Park there were 5 units sold in March in the price range between $100,000 – $151,595 with an average of 2.4 bedrooms and 1.2 bathrooms and average Square footage of 946SF.
In Franklin Park there were 8 units sold in March in the price range between $151,596 – $261,594 with an average of 3.1 bedrooms and 1.9 bathrooms and average Square footage of 1,362SF.
In Franklin Park there were 4 units sold in March in the price range between $261,595 – $320,000 with an average of 3.5 bedrooms and 2.3 bathrooms and average Square footage of 1,575SF.
The low price range had the most activity. Homes up to $151,595 were on the market on average 13 days and sold an average of $116,250.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Franklin Park. Search all Franklin Park homes for Sale on propertyup.com If you are considering viewing Franklin Park, you may want to do so now!




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