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Chestnut Bend 2014 Mid Year Market Report

Chestnut Bend 2014 Mid Year Market Report

Chestnut Bend

 

Chestnut Bend home sales fluctuate each year. With only 171 homes one year they're up the next they're down. It not just the economy that causes this.

 

  # Sales List Price Sales Price DOM
2013 1 $474,990 $455,000 175
2014 3 $529,966 $516,666 32
% Change 300% 12% 14% -50%

 

The number of sales was up a good bit, and prices increased as well.  The average sales price in Franklin for the same time period in 2014 was $473556 or 9% less that those in Chestnut Bend. Prices increased 9% overall in Franklin in this period of 2014 with days on the market down 11%.

Chestnut Bend is located behind Franklin High School. It is an easy walk to downtown Franklin with the walking trail that runs behind the neighborhood and over to the Harpeth River at Margin Street.

The trail, in the opposite directions links to Franklin High School, Maggies Dog Park and the Recreation Center next to Mack Hatcher.

There are currently 5 homes on the market in Chestnut Bend. This is unusually high considering only 3 homes sold in the first 6 months and most active time of year.

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Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.


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Comment balloon 3 commentsConnie Harvey • August 14 2014 12:13PM
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