Franklin TN Real Estate - Founders Pointe Fall 2009 Market Report
Sales in Founders Pointe are down dramatically over last year. In 2008 19 homes sold in the first 9 months. In 2009 just 10. The good news in this is that prices have held well and in 2008 there were NO expired or withdrawn properties. That means that everyone who put there house on the market sold it. Could it be that with the current economy that the homeowners in Founders Pointe are just more content to stay put?
| 2008 | 2009 | Percent Change | ||
| Average list Price | $325,602 | $327,313 | 1% | |
| Average Sales Price | $317,950 | $313,550 | -2% | |
| Days on the Market | 46 | 81 | 76% | |
Founders Pointe has always been a popular neighborhood. Parents like the schools it's zone for and there is 
the incredible Franklin Sports park just across the street. With sidewalks throughout, small playgrounds scattered in the neighborhood and a beautiful pool, what more can you ask for?
The Market for Franklin TN Real Estate in general is just not as bad as far as the number of sales is concerned. It's down 25%, where the Nashville sales ch are down 30%. The overall sales prices in Franklin are down just 4% over 2008 and Days on the market are up 25%.
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This report is offered by Connie Harvey, Realtor with Prudential Woodmont Realty Group in Brentwood TN. Connie serves Buyers and Sellers of homes in Franklin TN, Nashville TN and Brentwood Tennessee. She can be reached at 615-661-7800 x 1300 or via email at HarveyC@Realtracs.com.
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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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Connie, great series on real estate market reports here in our local area ☺☺☺
Helping you live your American dream...
Michael - I have a few more I want to get done. Each neighborhood is so different from the next.
These are amazing numbers - your avg list price is actually higher a year later??? How did that happen?