Chestnut Bend Third Quarter 2013 Market Report

By
Real Estate Agent with Pilkerton Realtors

Chestnut Bend Third Quarter 2013 Market Report

Chestnut Bend Market Report

Chestnut Bend has had both good and bad news in this past year! The number of sales is down considerably but the prices are up! Being a small community, having the number of sales down is not an issue. Some years more people move than in other years. Having the prices up is great.

 

  # Sales List Price Sales Price DOM
2012 9 $460,933 $441,933 126
2013 4 $478,722 $463,750 74
% Change -63% 4% 5% -41%

 

There is currently only one house on the market it has an inspection contingency on it. Inventory has been down all over the Nashville Franklin area but this is extremely low even for this neighborhood.

Chestnut Bend is often sought after because of its easy location. Students can walk to Franklin High School, and whole families can walk to the games there!

Chestnut Bend has the Franklin Walking trail running behind it connecting the neighborhood to many  parts of Franklin via the trail!

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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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Comments (1)

Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Connie,  Prices being up in Chestnut Bend is good news. It is not uncommon for smaller communities to have fewer sales.  The good news is, when sellers decide to sell, they will likely get top dollar for their Chestnut Bend home in a shorter period of time as reflected in the average DOM. 

Nov 15, 2013 03:49 AM