Founders Point Sales of Homes in Franklin TN - Market trends for 2008
Sales of Homes in Founders Pointe were down 10% in 2008 over 2007 sales. The average sales price was up about 2%, but the Days on the Market were up over 60 days. The numbers are as follows:
Number of Homes sold in 2007 : 22
Number of Homes sold in 2008 : 20
Average Days on the market in 2007: 49
Average Days on the market in 2008: 63
Average Sales Price 2007: $312,548
Average Sales Price 2008: $318,725
Founders Pointe has mostly bucked the trend in Middle Tn. Most prices have gone down between 5% and 15%. Also when researching the days on the market, many homes were listed multible times before selling. You find this in the Expired and Withdrawn sections of the report. Oddly enough, there were NO expired listings for the entire year and only 3 of the sold had been withdrawn and relisted. If you're looking for homes in Franklin TN, Founders Pointe is a great neighborhood to consider. It's convenient to downtown Franklin, it is an easy neighborhood to walk in and has numerous playgrounds and a wonderful pool area.
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Brentwood TN Real Estate Market Report
Nashville TN Real Estate Market Report
Connie Harvey, specializes in homes for sale in Franklin TN, Brentwood TN and Nashville TN. Contact me at 888-798-7800 x 1300 or harveyc@realtracs.com . Search for homes in Franklin TN at www.ConnieHarvey.com
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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.
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Connie.. This is a GREAT post for Localism. There is a lot of good information here for people looking to buy or sell in this area. Good job.
Valerie - Thank you. I just sold a house in this neigborhood and I had me looking at the activity for all of last year.