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By A. Alan Masters | Other/Just Looking in Indianapolis, IN

Franklin Real Estate Market Cools off in September, 2011

franklin indiana real estate data chart - September 2011

Since hitting a 15-month high of 291 in August of 2010, the total number of Franklin homes has been on a more or less steady decline. In fact, the most recent total of 211 listings represents a 27.5-percent difference since that time. Compared to August of 2011, it is a decrease of 6.2 percent and a better statistical improvement compared to the nearby Indianapolis real estate market, which lost 3.2 percent of its listings. Compared to last September’s total of 283 it is a 25.4-percent decrease. From July through September of this year there were, on average, a monthly total of 224 homes listed on the Franklin real estate market, 21.7 percent fewer, compared to this same quarter in 2010. This is all good news for anyone trying to sell a home in Franklin.

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