Franklin TN Real Estate - 2009 Spring Market Report
The Franklin TN Real Estate market has not been hit as hard as other parts of middle Tennessee or the nation in general. Sales are down 33% but prices have decreased only an average of 2.5%.
In 2008: 656 Single Family homes Sold between Jan 1 and June 30
In 2009: 479 sold in the same time period.
Average Asking Price:
$452,005 in 2008
$445,982 in 2009
Average Sales Price:
$441,358 in 2008
$425,342 in 2009
Average Days on the Market
74 in 2008
95 in 2009
Activity in general has really picked up in the past few months. The $8000 First time Homebuyer Tax Credit has helped the lower end market. This, in turn, is allowing those sellers to move up into the next price range. Real Estate is a trickle up business.
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Contact Connie Harvey for more information about Chestnut Bend, Franklin TN Real Estate or any general Real Estate information in Middle Tennessee. HarveyC@realtracs.com or 615-661-7800 x 1300
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Connie Harveyis a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals.
Connie can be reached at 615-661-7800 x 1300 or at HarveyC@realtracs.
Follow her Blog: Nashville Tennessee Living
Connie Looks like your market is healthier than most. I like crisp, to the point market reports
Wow, just catching up on your blogs... and I see that you've become the Statistics Queen! Keep on giving us that good info!
Karen - We really have been more fortunate than many areas. Hopefully we'll start seeing some real recovery here soon.
Patty - You're such a sweetheart! I need to catch up with you when I catch my breath!