Franklin TN Real Estate - Chestnut Bend 2010 Spring Market Report
Chestnut Bend had 4 sales in the first quarter of 2009. There was only 1 in 2010. There are currently 6 properties for sale, 2 with contingencies and one Pending. The numbers look like this:
2009
4 Sales
Average List Price: $472,900
Average Sales Price: $462,500
Average Days on the Market: 102
Of the 4 sales in 2009, the average size of the home was 3816 square feet. They sold at an average of $119.79/square foot. The Sale in 2010 was 3400 square feet and sold at $113.24/sqft. Down approximately 5%.
The Active listings in Chestnut Bend have been on the market for an average of 49 days with an average asking price of $472,250. With 2 of them already under contract it appears that the second quarter is going to have much stronger results.
Franklin TN Real Estate has seen an 18% increase in sales this spring or the 2009 First Quarter sales. There are currently 1087 active homes for sale and 178 pending. 56% of the pending sales are new construction. Local Builders have to be excited about that.
If you're looking to Buy or Sell a home in Franklin TN, contact Connie Harvey. She knows Franklin and can help you.
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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Hey girl, how are you doing? I sure missed seeing you last month! It is pouring rain here right now and I was thinking of all the flooding you guys endured......there's a river running through the parking lot but I think this storm should pass through in just a few minutes.....
Hope all is well!
Ann
Ann - I'm great. Trying to keep busy and stay out of trouble! :)
Connie....good news indeed. We need all we can get. I have my market report ready to go and another agent did a report and it's totally opposite of mine, but he did his strictly by zip code......interest how we have different views of the market?