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 … (0 comments)
Chestnut Bend Home Sales are already ahead of 2008! January turned out to be a good month for home sales in Chestnut Bend. One house closed and another went pending. There is still a lot of inventory but 2 down 6 active to go. Traditionally 8 to 10 homes sell each year in this quiet neighborhood, tucked behind Franklin High School. With 6 homes still for sale that would easily be an 8 month supply. With spring upon us, hopefully that won't be the case. These homes have been on the market for an average … (0 comments)
Chestnut Bend Sales of Homes in Franklin, TN - Market trends for 2008 Sales of Homes in Chestnut Bend were down 10% in 2008 over 2007 sales. The average sales price was down about 18% , and the Days on the Market were up over 170 days. The numbers are as follows: Number of Homes sold in 2007 : 9 Number of Homes sold in 2008 : 8 Average Days on the market in 2007: 95 Average Days on the market in 2008: 179 Average Sales Price 2007: $544,694 Average Sales Price 2008: $446,875 Chestnut Bend sales prices were … (0 comments)
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