Nashville Tennessee Living

head_left_image

Franklin TN Real Estate - River Landing 2010 Market Report

Franklin TN Real Estate - River Landing 2010 Market Report River Landing

River Landing's sales were very similar to those of 2009. There were 4 closings in 2009 and again in 2010. The average size of the 4 properties went up from 4536 square feet to 4816 square feet.

The average sales price per square foot decreased from $123.40/sqft to $120.69/sqft. This doesn't mean that the prices have actually decreased. As the size of the home increased, the price/sqft often decreases as the cost to build larger is often less.

A Good example is the largest home that sold in 2009 was 5496 square feet and sold for $123.73/sqft. The largest home that sold in 2010 was 5401 and sold for $124.98/sqft. This indicates that prices and sales are holding steady in the River Landing Subdivision.

River Landing Average Days on the market decreased from 171 in 2009 to 108 in 2010. A good sign that homes moved somewhat better in 2010. On the down side, 2 of the 4 sales in 2010 were short sales, up from just 1 in 2009.

River Landing Market Reports from 2010 and before.

 

 

Subscribe 

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.


Search for Homes in Nashville TN

Search for Homes in Brentwood TN


Comment balloon 2 commentsConnie Harvey • January 22 2011 06:31PM

Comments

Connie, great info on the market in River Landing.  The DOM really are making a come down!  Great news for sellers.

Posted by Lee & Pamela St. Peter, Making Connections to Success in Real Estate (Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522) over 6 years ago

Pam - Just when I think that things are looking up, the Tennessean had 16 pages of foreclosures on Friday.

Posted by Connie Harvey, Realtor - Nashville TN Real Estate (Pilkerton Realtors) over 6 years ago

Participate