Franklin TN Real Estate - River Landing 2010 3rd Quarter Market Report

Two properties closed in the third quarter of 2010 compared to just one sale in the same time period of 2009. The year to date numbers are comparable with a total of 3 closings for the year in 2010 and 2 for the first 9 months of 2009.
The single fall quarter closing in 2009 was a 5643 square foot home on Gillette, selling for $650,000 or $115/square foot.
The two closings in this quarter of 2010 were smaller with one 4436 sqft selling for $541,000 and the other 5244 sqft closing at $609,000 the two averaged $119/sqft for the sales prices.
There are currently 3 homes on the market in River Landing. 2 of the three are listed as Short Sales and both have contingent contracts on them.
Franklin TN home sales, in general, were up 18.5% in the 3rd quarter of 2010 compared to the same period in 2009. The prices moved less than 1% which would probably be the margin of error anyway.
View previous River Landing Market Reports
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's things in Nashville? Do you think you will go to RainCamp in ATL?
Connie
Thanks for sharing the third quarter real estate report for River Landing in Franklin Tennessee, it gives me a window into the market.
Good luck and success.
Lou Ludwig
River Landing is a very nice subdivision. I have inspected several properties in that area over the years. Well built with very little problems...
Ann - The way things are going, I don't think I'll make it. Need to selll a house first. And my dad's in the hospital in Columbus Ohio and it looks like I'm going to have to make a trip up there.
Lou - Thanks for reading. It's a very nice neighborhood.
Michael - I've sold several homes there too.
Connie your reports are so concise and easy to follow. Well done.
Sorry to hear about your Dad. Keep us posted!
Pam - Today he agreed to go to Rehab for 2 weeks! Yeah! I'll head up there at the end of Rehab so I can spend a few days and help him when he gets home.
Lots of home for decent price per square foot!
Connie I can't comment on the numbers, but your report on River Landing in Franklin is very ptofessionally done