Founders Point Sales of Homes in Franklin TN - Market trends for 2008

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Real Estate Agent with Pilkerton Realtors

 

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 You find this in the Expired and Withdrawn sections of the report. Oddly enough, there were NO expired listings for the entire year and only 3 of the sold had been withdrawn and relisted.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.

Franklin TN Real Estate Market Report

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 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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Rainmaker
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Valerie Osterhoudt
Johnson Real Estate, Inc. - Cromwell, CT
ABR, Cromwell, CT Real Estate ~ 860.883.8889

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 osterhoudt

Jan 17, 2009 11:02 AM #1
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Connie Harvey
Pilkerton Realtors - Brentwood, TN
Realtor - Nashville TN Real Estate

Valerie - Thank you. I just sold a house in this neigborhood and I had me looking at the activity for all of last year.

Jan 18, 2009 02:34 AM #2
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