Real estate appraiser Michael Walsh
takes a look at statistics for single family homes in Franklin Park
According to MRED MLS statistics for the last twelve months for MLS area 131 Franklin Park, the median sales price for Detached Housing increased +9.3%, average marketing time declined -39.5% to 69 days on the market, and there is currently a 4.2 month supply of inventory. This level is considered a small oversupply. REO & Short Sales account for approximately 39% of total sales.
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