Real Estate for sale Franklin Lakes, Bergen County, New Jersey. Charts and analysis of home dale volume, average sales price,
median sales price, average list price, Houses sold. Franklin Lakes real estate sales report and analysis.

Real Estate sales
Franklin Lakes
homes sold

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Franklin Lakes 6 year comparison of residential home sales activity of real
estate sold by Brokers belong to the New Jersey Multiple Listing Service
                              2003 to 2008 full years.
The Comparison shows :
2008********************45.21% decline in total sales dollars from 2004 year.

2008**all time high***9.72 increase in average list price from 2007 year.

2008**all time high***5.41% increase in average sales price from prior year.

2008********************15.11% decline in median sales price from high year 2007.

2008******************** 60% decline in unit sales from 2004

Franklin Lakes sales are not quite  typical of home sales in Bergen County New
Jersey real estate. It had a heavy volume decline from the high home sale
volume, however a decline in median price and an increase in average sale and
average list price. A few out layer high sales, have lifted the averages other than
median price, which show the affect of weaken sales volume.
This is a typical occurrence due to construction and sale of larger homes.
Franklin Lakes Home Sales Volume NJMLS
Franklin Lakes Aveage Sales Price NJMLS
Franklin Lakes Median Sales Price NJMLS
Franklin Lakes Homes Sold NJMLS
Real estate sales Franklin Lakes, Bergen County New Jersey 07417.
All Broker sales
Source : NJMLS, deemed reliable but not guaranteed. Includes all broker sales.
New Jersey Multiple Listing Service
Year

2003
2004
2005
2006
2007
2008
Units

145
166
137
105
97
66
Sales Volume

$146,780,450
$191,527,275
$181,172,148
$158,383,200
$145,668,499
$104,939,300
Average list

$1,057,533
$1,211,431
$1,380,525
$1,687,232
$1,690,316
$1,854,626
Average Sale

$1,012,279
$1,153,779
$1,322,424
$1,508,411
$1,501,737
$1,589,989
Median Sale

$899,000
$994,500
$1,199,000
$1,249,000
$1,337,000
$1,135,000
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