2010 Closed Land Sales-Current Pending Land Sales

By
Managing Real Estate Broker with RE/MAX Executive Realty

2010 Closed Land Sales-Current Pending Land Sales.

 

This chart is a reflection of the land sales that were consummated in 2010 and the current pending land sales.  There is currently one pending land sale for $750,000 for a 31 acre tract of land for a future potential subdivision that is in the area of an existing subdivision of luxury homes.

The closed land transactions in 2010 ranged from $85,000 for an in-town lot to $230,000 for an acre lot ready to build upon within an existing subdivision.  The demand for lots is less than desirable right now and land owners are not reaping the numbers that were previously in existence.  Financing land is a challenge today.

This representation is based on data provided by MLS-PIN who does not guarantee the accuracy and the data may not reflect all real estate activity.

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Topic:
Real Estate Market Trends
Location:
Massachusetts Norfolk County Franklin
Groups:
MA REALTORS
New Home Sales
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2010 land sales franklin ma 02038

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Show All Comments
Rainer
84,814
Kim McMahon
Executive Realty Group - Skokie, IL

Barbara~ Nice graphs... how do you do that?

Jan 17, 2011 10:47 AM #1
Rainmaker
2,022,482
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"New Franklin MA Homes"

Hi Kim....powerpoint graphs....easy to do....if I can do it, anyone can!!!!

Jan 17, 2011 10:54 AM #2
Rainmaker
289,524
Susan Morrison
RE/MAX Executive Realty - Franklin, MA

There have not been many land sales in the town of Franklin MA in 2010.  Maybe 2011 will have an increase in the number of land sales.

Jan 17, 2011 11:41 AM #3
Rainmaker
2,022,482
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
"New Franklin MA Homes"

land sales will improve this year....

Jan 17, 2011 11:52 AM #4
Rainmaker
265,547
Jeanne Dufort
Coldwell Banker Lake Country - Madison, GA
Madison and Lake Oconee GA

Land sales have been hard to come by the past few years - but I'm closing 23 beautiful acres on Friday, and working on a deal for a 25 acre tract right now.

Jan 18, 2011 10:19 PM #5
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Rainmaker
2,022,482

Barbara Todaro

"New Franklin MA Homes"
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