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franklin tn real estate: Franklin TN Real Estate January 2012 Market Trends - 02/20/12 01:43 PM
Franklin TN Real Estate
January 2012  Market Trends


Franklin TN Real Estate is usually the most reliable and successful of all of Middle Tennessee. Though the numbers can vary from month to month, the huge swings from year to year do not usually happen.
The number of homes closed in the month of January is down somewhat in Franklin, but we believe that the number only reflects the Resale Market. New Construction in Franklin is up for the first time in several years.
 
There are currently 142 homes pending with an average asking price of $437,493. … (1 comments)

franklin tn real estate: Franklin TN Real Estate Chestnut Bend 2011 Market Report - 01/17/12 04:23 PM
Franklin TN Real Estate
Chestnut Bend 2011  Market Report

Home Sales in Chestnut Bend were up somewhat in 2011 compared to those of 2010. Though the prices were down, they were only down 1%. The average sales price in Franklin overall was down 6.5% in 2011 compared to 2010.
 

There are currently 2 homes on the market in Chestnut Bend. That works out to be a 3.5 month supply. Franklin has a 6 month supply of homes.
Chestnut Bend is tucked neatly behind Franklin High School and opens back out by the CVS at Del … (0 comments)

franklin tn real estate: Franklin TN Real Estate - Founders Pointe 2011 Market Report - 01/16/12 05:30 PM
Franklin TN Real Estate
Founders Pointe 2011  Market Report

It's always a pleasure doing a market report on Founders Pointe. It seems like the numbers always look better here than anywhere else in Middle Tennessee!
 
 
Prices are up 4% and days on the market are down 20%. Two great things Sellers like to hear! There are currently on 3 homes for sale in Founders Pointe. That is less than a 2 month supply.
A 6 month supply of homes is considered a balanced market. Less that that would indicate a Sellers market. More that that is … (4 comments)

franklin tn real estate: Franklin TN Real Estate - Founders Pointe Fall 2011 Market Report - 11/09/11 12:48 PM
Franklin TN Real Estate
Founders Pointe Fall 2011 Market Report

Founders Pointe is one of the most consistently selling neighborhoods in the Middle Tennessee area. The numbers below show a big increase in the Third Quarter of 2011, but the year to date numbers are very consistent with those of 2010 in the same time period. There were 19 sales between January and October of 2011 compared to 18 in 2010.
 
Prices are down somewhat but properties are not staying on the market long.
Founders Pointe currently has only 2 homes active for sale. If you … (2 comments)

franklin tn real estate: Franklin TN Real Estate - Chestnut Bend 3rd Quarter 2011 Market Report - 11/07/11 03:19 PM
Franklin TN Real Estate 
Chestnut Bend  3rd Quarter 2011  Market Report

Sales have been steady in Chestnut Bend this year compared to 2010. In just the third quarter, there were 2 sales in 2010 and 3 in 2011. Spread out over the year to date months they have remained the same.
 
The Average List and Sale prices are down a bit, but the Sales Price per Square Foot is actually up 1 1/2%! This is good news in our economy!
Chestnut Bend currently has 4 homes on the market as active. One of these shows an … (2 comments)

franklin tn real estate: Franklin TN Real Estate - River Landing 2011 Market Report - 06/28/11 04:25 PM
Franklin TN Real Estate 
River Landing  2011  Market Report

Sales have picked up in the River Landing subdivision this past year, doubling the prior years sales. The Chart below shows the number of sales for the past 12 months, broken down into 3 months, 6 months and 12. Based on these numbers it lets you see the amount of inventory available.
River Landing has seen below average sales the past 2.5 years. Sales started falling off in 2007 when they went from 37 in 2005, 30 in 2006 down to 12 in 2007. It only got worse … (0 comments)

franklin tn real estate: Franklin TN Real Estate - Founders Pointe 2011 Market Report - 06/23/11 10:47 AM
Franklin TN Real Estate  Founders Pointe  2011  Market Report
 

Founders Pointe continues to beat the Middle Tennessee findings of lower sales and lower prices. The following chart shows that inventory is low and the neighborhood market is active. With school just around the corner, more and more families will be anxious to get into the neighborhood before school starts.
The months of inventory in this report do not reflect the 2 active listings that have contingent contracts on them or the 2 pending sales. It is likely that next months report will show even less inventory.
If … (0 comments)

franklin tn real estate: Franklin TN Real Estate - Chestnut Bend 2011 Spring Market Report - 05/20/11 05:47 PM
Franklin TN Real Estate -
Chestnut Bend  2011 Spring Market Report
Sales in Chestnut Bend are following closely to the same time period in 2010. There was one closing in the first Quarter of 2010 and the same in 2011.
The home in 2010 was listed for $415,000 and sold for $385,000. The Sales Price came in at $113/sqft.
The home in 2011 was listed for $399,900 and closed at $384,000. It Closed at $121/sqft. So the sales prices look the same but the actual Price per Square Foot increased by 7%.
Currently, in Chestnut Bend, there … (3 comments)

franklin tn real estate: Easter Bunny Comes to Franklin TN! - 03/18/10 04:19 PM
Easter Bunny Comes to Franklin, TN!
 
 
Breakfast with the Easter Bunny this weekend at the Williamson County Parks and Recreation. Breakfast will take place at the Franklin Recreation Complex. Children ages 10 and under get one on one time with the Bunny during breakfast this Saturday, March 20th, between 8 and 10am. The cost is $6 per child which covers breakfast and a photo with the Bunny. Parents must accompany their children.
 
For more information contact the Williamson County Parks and Recreation
 
 
 
… (2 comments)

franklin tn real estate: Franklin TN Real Estate - Founders Pointe 2009 Market Report - 02/10/10 03:00 PM
Franklin TN Real Estate - Founders Pointe 2009 Market Report

Founders Pointe is one of the few subdivisions that continues to not follow the trends here in Middle Tennessee. Last year we posted that their 2008 sales were strong and that EVERY home that was listed in 2008 SOLD. There were no expired or withdrawn listings. That's amazing for a neighborhood that size.
Here we've charted 2007, 2008 and 2009 so you can see how prices and sales have changed over the last couple of years.

 
 
 
 
 
 
 
 
 
 
 
 
 
… (2 comments)

franklin tn real estate: Franklin TN Real Estate - River Landing Fall 2009 Market Report - 10/22/09 03:51 PM

 
Franklin TN Real Estate - River Landing Fall 2009 Market Report
At first glance, it appears that River Landing sales and prices are spiraling to the abyss. Looking back as far as 2007 and then seeing each individual sale, the numbers look much better than the following will report.
The number of sales in River Landing have been as follows: 12 in 2007, 9 in 2008 and so far 2 in 2009. There is one pending but these are actual closings from January through September. What is selling in 2009 are the more moderate priced homes. Those homes priced … (2 comments)

franklin tn real estate: Franklin TN Real Estate - Founders Pointe Fall 2009 Market Report - 10/21/09 05:58 PM

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?
 
Founders Pointe has always been a popular neighborhood. Parents … (3 comments)

franklin tn real estate: Franklin TN Real Estate - Chestnut Bend Fall 2009 Market Report - 10/20/09 09:02 AM
 

Franklin TN Real Estate - Chestnut Bend Fall 2009 Market Report
For the past couple of years, sales and sales prices have been down in Chestnut Bend. 2009 looks to be the year that sales are really turning around in this beautiful, convenient Franklin neighborhood. Sales are up 36% compared to this time last year and already 28% over the total sales of 2008. Though prices are still down a little bit, Chestnut Bend appears to be leading the area in recovery!
Notice that Days on the Market has declined 28%! Homeowners are seeing their homes sell quicker than … (5 comments)

franklin tn real estate: Franklin TN Real Estate - Chestnut Bend Spring 2009 Market Report - 07/01/09 01:49 PM
Franklin TN Real Estate - Chestnut Bend Spring 2009 Market Report

Chestnut Bend has had the most unusual Sales History for the past 18 months. In the 2008 Market Report for the neighborhood, we shared that 8 homes had sold for the year. ALL of them closed the second half. Todays report is for the 1st half of 2009. Comparing it to 2008 is impossible when there were NO CLOSINGS for the first half of last year.
The prices are down about 10% which is not that terrible considering the number of sales that have occurred. This is the … (0 comments)

franklin tn real estate: Franklin TN Real Estate - 2009 Spring Market Report - 07/01/09 12:41 PM
 
Franklin TN Real Estate - 2009 Spring Market Report
 
The Franklin TN Real Estate market has not been hit as hard as other parts of middle Tennessee or the nation in general. Sales are down 33% but prices have decreased only an average of 2.5%.
In 2008: 656 Single Family homes Sold between Jan 1 and June 30
In 2009: 479 sold in the same time period.
Average Asking Price:
$452,005 in 2008
$445,982 in 2009
Average Sales Price:
$441,358 in 2008
$425,342 in 2009
Average Days on the Market
74 in 2008
95 in 2009
Activity in general … (3 comments)

franklin tn real estate: River Landing Franklin TN Real Estate - Spring 2009 Market Report - 07/01/09 10:37 AM
 
River Landing Franklin TN Real Estate - Spring 2009 Market Report

In River Landing, like many of the upscale neighborhoods in Franklin TN, home sales are down. In 2008 11 homes sold in the first half of the year. Below, you will see that there has been One closing and there is One pending for the same time period.
 
 
There are 7 homes on the market with an average asking price of $146/square foot. I don't think the Sellers or their Realtors have looked at the comparables lately. It doesn't matter if the market is up or … (-1 comments)

franklin tn real estate: Farmapalooza comes to the Franklin TN Farmer's Market - Saturday May 30, 2009 - 05/29/09 03:18 PM
This Saturday Kick Off the start of Summer at Farmapalooza at the Franklin TN Farmers Market! Bring the entire family and plan to have a fun filled day. There will be opportunities for the kids to learn how to milk a cow, have their faces painted and win prizes. There will be plants and seeds for them to take home.
 The Franklin Square Pickers and Tom Grant will provide music all day as you wander through the many booths of crafts, organic foods, homemade pastries, jams, soaps, and numerous other things.
Chef Cyndi will be on had doing demonstrations on Organic … (14 comments)

franklin tn real estate: 155 N Berwick Lane in Temple Hills - HomeBuyers love Franklin TN - 05/18/09 02:47 PM
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franklin tn real estate: 535 Brennan Lane, Franklin TN Real Estate for Sale in Williamson County - 05/15/09 09:57 AM
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franklin tn real estate: River Landing Franklin TN Real Estate - 1st Quarter 2009 Market Report - 04/10/09 03:07 PM
River Landing Franklin TN Real Estate - 1st Quarter 2009 Market Report

River Landing had 10 closings in 2008. There were 3 in May, 3 in June, 3 in August and one in December. There have been no Closings thus far and there are no Pending sales. There are currently 6 homes on the market which equals a 7 month supply.In 2008 the closed homes had an average asking price of $151.50/sqft and sales price of $144/sqft. The active properties asking price this year is $143.50. Slightly below the sales price of last year and down 5%.All signs indicate that … (2 comments)