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One of several Historic Downtown Franklin TN's events, Franklin on the 4th is a wonderful mix of Music, Food and Crafts. Franklin blocks the traffic and opens the streets for pedestrian only several times each year for fun for people of all ages. After the fun and food, stick around for the fireworks. Franklin ends the night with a bang! The opinions expressed by The Activerain Network and it's members and those providing comments are theirs alone, and do not reflect the opinions of Mike Nastri Keller Williams Realty - Franklin, TN neither Mike Nastri or the Keller Williams Realty Franklin office, which is independently owned and operated are responsible for the accuracy or content provided by The Community.

Fun Food and Trampolines
The Best View of the Stage

One of Three Music Stages
Even a Llama for the Kids to Pet
Contact Mike for the most recent listings and market information.
Blogged Listings, Market Reports, Opinions, Community News and Events
9175 Carothers Pkwy Franklin, TN 37067
615.294.3912 MNastri@KW.com
www.MikeNastri.com
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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 type of neighborhood that rebounds quickly.
| Address | BR | Yr Blt | Sq Ft | List Price | SP/SF | Sales Price | Closed | DOM |
| 845 WALDEN DR | 5 | 2000 | 3,857 | $336,900 | $89.45 | $345,000 | 1/5/2009 | 202 |
| 854 WALDEN DR | 4 | 2001 | 4,095 | $405,000 | $83.33 | $341,250 | 4/22/2009 | 97 |
| 509 STEFAN CT | 4 | 2000 | 4,394 | $446,400 | $91.26 | $401,000 | 4/21/2009 | 62 |
| 838 WALDEN DR | 4 | 1999 | 4,081 | $474,900 | $111.25 | $454,000 | 6/15/2009 | 25 |
| 582 PLOUGHMANS BEND | 4 | 2003 | 3,600 | $479,900 | $130.56 | $470,000 | 2/26/2009 | 21 |
| 598 PLOUGHMANS BEND | 5 | 2003 | 3,766 | $509,900 | $125.46 | $472,500 | 6/19/2009 | 115 |
| 593 Ploughmans Bend | 3 | 2004 | 3,944 | $534,900 | $131.85 | $520,000 | 3/5/2009 | 37 |
| 540 PLOUGHMAN BEND | 5 | 2002 | 4,044 | $539,900 | $127.35 | $515,000 | 3/31/2009 | 150 |
| AVERAGE |
4.25 | 2001 | 3,972 | $465,975 | $110.74 | $439,843 | 88 |
Chestnut Bend has always been a favorite neighborhood. It's walking distance to Franklin High School and to Historic downtown Franklin.
Franklin TN Real Estate - 2009 Spring Market Report
Search for Homes in Franklin TN
Contact Connie Harvey for more information about Chestnut Bend, Franklin TN Real Estate or any general Real Estate information in Middle Tennessee. HarveyC@realtracs.com or 615-661-7800 x 1300
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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 has really picked up in the past few months. The $8000 First time Homebuyer Tax Credit has helped the lower end market. This, in turn, is allowing those sellers to move up into the next price range. Real Estate is a trickle up business.
Search for Homes in Franklin TN
Search for Nashville TN Real Estate
Contact Connie Harvey for more information about Chestnut Bend, Franklin TN Real Estate or any general Real Estate information in Middle Tennessee. HarveyC@realtracs.com or 615-661-7800 x 1300
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Sometimes you just have to explain the picture.
The term `piebald`, used to identify a whitetail with at least
One extra splotch of white hair, has an interesting origin..
'Pie' means 'mixed up;' 'bald' means 'having a white spot.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Keller Williams Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area
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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.
| Address | Yr Blt | Sq Ft | List Price | SP/SF | Sales Price | DOM |
| 214 WINBURN LANE | 2000 | 4,119 | $599,900 | $142.02 | $585,000 | 76 |
| 640 AYLESFORD LN | 2004 | 4,489 | $629,900 | $131.43 | $590,000 | 87 |
| 604 AYLESFORD LN | 2002 | 4,120 | $649,900 | $148.06 | $610,000 | 25 |
| 1415 MENTELLE DR | 2003 | 4,797 | $699,900 | $141.23 | $677,500 | 23 |
| 259 Gillette Drive | 2002 | 4,368 | $719,900 | $160.23 | $699,900 | 18 |
| 801 Highgrove Circle | 2004 | 4,094 | $734,900 | $168.54 | $690,000 | 96 |
| 812 HIGHGROVE CIR | 2003 | 5,441 | $749,900 | $122.12 | $664,450 | 125 |
| 1408 MENTELLE DR | 2003 | 4,797 | $749,900 | $154.26 | $740,000 | 112 |
| 1209 KILRUSH DR | 2001 | 5,448 | $784,500 | $135.65 | $739,000 | 84 |
| 249 GILLETTE DR | 2002 | 5,549 | $835,000 | $147.32 | $817,500 | 24 |
| AVERAGE | 2002 | 4,722 | $715,370 | $144.29 | $681,335 | 67 |
The Closing that has occured was one of the smaller homes in the neighborhood. The sales price was down 12% from the average of 2008. As of today, we do not know what the sales price of the pending sale is, but the asking price is 30% below the same average.
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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 down some things in Real Estate don't change. It takes 5 things to sell a home: Location, Price, terms, Condition and Marketing. If you have location, price and condition you can get by without the others. But you can NEVER have one of these without the other two.
Franklin TN Real Estate - Market Report for River Landing Subdivision 2008
Franklin TN Real Estate Spring 2009 Market Report
Search for Homes in Franklin TN
Connie Harvey helps Buyers and Sellers with their Nashville TN Real Estate needs.
Search for homes in Nashville TN
Contact Connie at 615-661-7800 x 1300 or via email HarveyC@realtracs.com .
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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