Fieldstone Farms - May Market Report

The month of May showed a significant increase in closings over April. May 2008 was up 36 % and had 22 closings while April had just 14. Here are the numbers for May compiled from the Middle Tennessee Regional MLS. These numbers include only residential sales and sales that were reported on the MLS. These do not include For Sale By Owner or any private sales.

Active
MLS #	Area	Address	Subdivision	BR	Baths	Yr Blt	Gar	Sq Ft	LP/SF	List Price	DOM
Subject Property
989281	10	108 MERIDIAN CT	FIELDSTONE FARMS	3	2 / 0	1990	1	1,124	$184.61	$207,500	7
963431	10	102 MERIDIAN CT	FIELDSTONE FARMS SEC J	3	2 / 1	1990		1,612	$136.41	$219,900	86
978371	10	402 REIGH CT	FIELDSTONE FARMS SEC J-2	3	2 / 0	1991	1	1,263	$189.23	$239,000	42
987277	10	105 CAVALCADE DR	FIELDSTONE FARMS SEC M	3	2 / 0	1991	2	1,377	$181.48	$249,900	13
976127	10	152 CAVALCADE DR	FIELDSTONE FARMS SEC M	3	2 / 1	1991	2	1,691	$147.84	$250,000	48
965758	10	169 CAVALCADE CIR	FIELDSTONE FARMS, Sec. M	3	2 / 1	1990	2	1,698	$149.59	$254,000	79
925158	10	1264 SUMMER HAVEN CIR	FIELDSTONE FARMS SEC D-3	3	2 / 0	1993	2	1,913	$135.86	$259,900	217
981223	10	161 CRESTFIELD PL	FIELDSTONE FARMS SEC J	3	2 / 1	1993	2	2,030	$129.80	$263,500	33
972462	10	224 BEN BRUSH CIR	FIELDSTONE FARMS SEC W	3	2 / 1	1993	2	1,935	$139.48	$269,900	60
960814	10	133 Clarendon Circle	FIELDSTONE FARMS SEC C	3	2 / 1	1993	2	2,414	$113.88	$274,900	96
981589	10	408 CANNONADE CIR	FIELDSTONE FARMS SEC L	3	2 / 0	1993	2	1,820	$151.04	$274,900	31
979302	10	132 CRESTFIELD PL	FIELDSTONE FARMS SEC J	3	2 / 1	1992	2	2,188	$129.29	$282,890	39
990723	10	168 CAVALCADE CIR	FIELDSTONE FARMS SEC M	4	2 / 1	1990	2	2,091	$136.30	$285,000	2
973439	10	1312 SUMMER HAVEN CIRCLE	FIELDSTONE FARMS	3	2 / 1	1994	2	2,124	$136.48	$289,885	57
958095	10	203 CLARENDON CIR	FIELDSTONE FARMS SEC C	3	2 / 1	1993	2	2,305	$127.11	$293,000	104
967992	10	3006 BURLINGTON PASS	Fieldstone Farms REDUCED	4	2 / 1	1996		2,563	$115.45	$295,900	73
953070	10	344 CANNONADE CIR	FIELDSTONE FARMS SEC L	3	2 / 1	1993	2	2,158	$137.40	$296,500	120
967412	10	724 SHADOWLAWN CT	FIELDSTONE FARMS	3	2 / 1	1991	2	2,298	$130.50	$299,900	75
987893	10	2002 GLASTONBURY DRIVE	FIELDSTONE FARMS SEC H-1	3	2 / 1	1996	2	2,623	$118.19	$310,000	11
970114	10	2313 WIMBLEDON CIR	FIELDSTONE FARMS SEC D-2	3	2 / 1	1996	2	2,550	$122.31	$311,900	67
970304	10	2366 WIMBLEDON CIRCLE	FIELDSTONE FARMS	3	2 / 1	1993	3	2,644	$119.10	$314,900	66
961065	10	1016 GLASTONBURY DR	FIELDSTONE FARMS SEC F-1	3	2 / 2	1996	2	2,355	$133.76	$315,000	95
980991	10	215 CLARENDON CIR	FIELDSTONE FARMS SEC C	3	2 / 1	1994	2	2,562	$126.81	$324,900	33
966490	10	621 CASELTON CT	FIELDSTONE FARMS SEC N	4	2 / 1	1991		2,608	$128.07	$334,000	78
988320	10	305 GAINSWAY CT	FIELDSTONE FARMS SEC O	4	2 / 1	1994	2	2,895	$126.04	$364,900	9
974490	10	504 CROFTON PARK LANE	FIELDSTONE FARMS Q-3	4	3 / 1	2001	2	3,390	$109.12	$369,900	54
978879	10	404 Crofton Park Lane	FIELDSTONE FARMS SEC Q-6	4	3 / 1	1999	2	3,605	$105.27	$379,500	41
972930	10	417 CROFTON PARK LN	FIELDSTONE FARMS / PARKS	4	3 / 1	1998	2	3,555	$106.86	$379,900	58
990617	10	1020 CARDEN DR	FIELDSTONE FARMS SEC A	4	2 / 1	1999	2	2,873	$132.23	$379,900	2
979908	10	104 Saddlebridge Lane	Fieldstone Farms	4	2 / 1	1998	2	2,978	$130.93	$389,900	36
969506	10	301 SADDLEBRIDGE LN	FIELDSTONE FARMS SEC O	4	3 / 0	1993	2	2,910	$137.42	$399,900	69
980621	10	1031 WYNDHAM HILL LANE	FIELDSTONE FARMS	5	3 / 1	1993	2	3,855	$108.95	$419,997	34
988837	10	576 CROFTON PARK LN	FIELDSTONE FARMS	4	2 / 1	1996	2	2,973	$142.79	$424,500	8
981616	10	724 BLACKHORSE PKWY	FIELDSTONE FARMS SEC Q-5	4	3 / 1	1999	2	3,036	$139.97	$424,950	31
968184	10	205 BEXLEY PARK DR	FIELDSTONE FARMS SEC AA	4	3 / 1	2002	2	3,084	$138.65	$427,600	72
972568	10	309 Banbury Park Lane	Fieldstone Farms	4	4 / 0	2000	2	3,380	$127.19	$429,900	60
983692	10	221 Heathstone Circle	Fieldstone Farms	4	2 / 1	2000	2	3,421	$126.54	$432,900	25
961837	10	311 STERLING PARK TER	FIELDSTONE FARMS SEC	4	3 / 1	1996	2	3,200	$137.47	$439,900	71
963986	10	102 CARPHILLY CIR	FIELDSTONE FARMS SEC AA	4	2 / 1	2001	2	3,260	$138.01	$449,900	85
968925	10	123 CARPHILLY CIR	FIELDSTONE FARMS SEC AA	5	3 / 0	1999	2	3,218	$139.81	$449,900	70
967889	10	106 CARPHILLY CIR	FIELDSTONE FARMS	4	2 / 1	2001	2	3,270	$139.11	$454,900	74
971272	10	115 CARPHILLY CIR	FIELDSTONE FARMS SEC AA	4	4 / 1	1999	2	3,650	$126.00	$459,900	63
975250	10	2028 HARVINGTON DR	FIELDSTONE FARMS SEC A	5	3 / 1	1998	2	3,361	$139.53	$468,973	51
961162	10	200 BEXLEY PARK DR	FIELDSTONE FARMS SEC AA	5	3 / 1	2001	2	3,968	$118.32	$469,500	95
982032	10	554 BRIXHAM PARK DRIVE	FIELDSTONE FARMS-Parks	6	4 / 0	2000	2	3,879	$122.45	$475,000	29
974428	10	203 Heathstone Circle	Fieldstone Farms-Walden Gl	4	2 / 1	2000	2	3,461	$138.08	$477,900	54
972415	10	701 Blackhorse Pkwy	Fieldstone Farms	5	4 / 0	1998	3	3,751	$129.27	$484,900	61
974578	10	704 BLACKHORSE PKWY	FIELDSTONE FARMS	4	3 / 1	1998	2	3,852	$127.08	$489,500	54
983116	10	223 WINTER HILL ROAD	FIELDSTONE FARMS	4	3 / 1	1995	2	4,605	$106.30	$489,500	27
976689	10	729 BLACKHORSE PKWY	FIELDSTONE FARMS SEC Q-5	4	3 / 1	1999	3	3,902	$125.55	$489,900	47
982654	10	218 HALBERTON DR	Fieldstone Farms-Reserve	4	3 / 1	1999	2	3,316	$159.80	$529,900	28
964214	10	613 BLACKHORSE PKWY	FIELDSTONE FARMS SEC Q-4	4	4 / 0	1998	3	4,735	$115.08	$544,900	84
969139	10	113 HAMPSTED LN	FIELDSTONE FARMS-RESERVE	6	4 / 1	1999	3	5,883	$118.14	$695,000	70
973323	10	403 STAFFORD CLOSE	FIELDSTONE FARMS	5	5 / 0	2004	3	4,971	$150.67	$749,000	57
Average				3.8		1995	2.08	2,929	$129.99	$380,729	56

Pending
MLS #	Area	Address	Subdivision	BR	Baths	Yr Blt	Gar	Sq Ft	LP/SF	List Price	DOM
Subject Property
978554	10	3023 WILCOT WAY	FIELDSTONE FARMS SEC Y	3	2 / 1	1996	2	1,635	$140.61	$229,900	33
987119	10	400 NEWBARY CT	FIELDSTONE FARMS SEC K-1	3	2 / 1	1993	1	1,659	$139.99	$232,250	11
985624	10	6001 PENBROOK DR	FIELDSTONE FARMS SEC H-3	3	2 / 1	1996	2	1,855	$150.89	$279,900	16
986040	10	380 SIMS LN	FIELDSTONE FARMS SEC B	4	2 / 1	1995	2	3,004	$104.83	$314,900	10
979902	10	136 WHEATON HALL LANE	FIELDSTONE FARMS-Wheaton H	3	2 / 1	2000	2	2,404	$137.06	$329,500	21
964264	10	1009 CARDEN DR	FIELDSTONE FARMS SEC A	4	2 / 1	1997	2	2,686	$122.86	$330,000	77
947781	10	213 HALBERTON DR	FIELDSTONE FARMS SEC U	4	3 / 1	1998	3	3,532	$141.53	$499,900	129
985184	10	146 CARPHILLY CIR	FIELDSTONE FARMS SEC AA	5	4 / 0	2001	2	3,643	$139.72	$509,000	4
Average				3.63		1997	2	2,552	$133.49	$340,668	37

Sold
MLS #	Area	Address	Subdivision	BR	Baths	Yr Blt	Gar	Sq Ft	LP/SF	List Price	SP/SF	Sales Price	Closed	DOM
Subject Property
959498	10	1032 WALESWORTH DR	FIELDSTONE FARMS SEC K-1	3	2 / 1	1994	1	1,293	$162.34	$209,900	$154.68	$200,000	5/30/2008	80
964887	10	701 WAYSIDE CT	FIELDSTONE FARMS SEC K-2	3	2 / 0	1996	1	1,251	$171.78	$214,900	$171.78	$214,900	5/29/2008	40
968564	10	38 PRESCOTT PL	Fieldstone Farms	3	2 / 0	1999	1	1,280	$171.80	$219,900	$168.75	$216,000	5/19/2008	45
960675	10	810 BRANDYLEIGH CT	FIELDSTONE FARMS SEC K-2	3	2 / 1	1995	1	1,575	$142.79	$224,900	$142.79	$224,900	5/15/2008	62
966971	10	1042 WALESWORTH DR	FIELDSTONE FARMS SEC K-1	3	2 / 0	1994	2	1,533	$146.71	$224,900	$146.71	$224,900	5/16/2008	38
975937	10	716 Wayside Court	Fieldstone Farms	3	2 / 0	1996	1	1,500	$149.93	$224,900	$149.93	$224,900	5/23/2008	19
963657	10	2001 TRENT PARK PL	FIELDSTONE FARMS SEC K-1	3	2 / 1	1994	1	1,693	$135.26	$229,000	$132.01	$223,500	5/19/2008	31
954280	10	9013 TARRINGTON LN	FIELDSTONE FARMS SEC Y	3	2 / 1	1996	2	2,021	$128.60	$259,900	$118.75	$240,000	5/29/2008	94
956487	10	2008 LUNDY PASS	FIELDSTONE FARMS SEC D-3	3	3 / 0	1994	2	2,150	$139.49	$299,900	$134.88	$290,000	5/19/2008	56
958395	10	440 ESSEX PARK CIR	FIELDSTONE FARMS SEC G-1	3	2 / 1	1996	2	2,138	$144.76	$309,500	$138.91	$297,000	5/9/2008	64
938802	10	2204 WIMBLEDON CIR	FIELDSTONE FARMS SEC D-4	3	2 / 1	1994	2	2,835	$110.05	$312,000	$108.73	$308,250	5/9/2008	103
946361	10	709 SHADOWLAWN CT	FIELDSTONE FARMS SEC N	3	2 / 1	1994	2	2,468	$129.25	$319,000	$126.42	$312,000	5/4/2008	102
929136	10	144 CAVALCADE DR	FIELDSTONE FARMS SEC M	3	2 / 1	1991	2	2,427	$131.81	$319,900	$129.79	$315,000	5/20/2008	166
953749	10	2404 MANDERLY TRL	FIELDSTONE FARMS SEC D-4	4	2 / 1	1997	2	2,668	$123.65	$329,900	$118.07	$315,000	5/15/2008	85
934070	10	607 CROFTON PARK LN	FIELDSTONE FARMS SEC Q-1	4	2 / 1	1997	2	2,967	$112.91	$335,000	$112.91	$335,000	5/19/2008	161
971534	10	2055 Baxter Lane	Fieldstone Farms	4	2 / 1	1997	2	2,968	$126.35	$375,000	$124.33	$369,000	5/31/2008	21
952996	10	131 WHEATON HALL LN	FIELDSTONE FARMS SEC Z	4	2 / 1	1999	2	2,999	$131.54	$394,500	$130.71	$392,000	5/16/2008	87
952253	10	412 CROFTON PARK LN	FIELDSTONE FARMS SEC Q-6	4	2 / 1	1999	2	2,836	$140.87	$399,500	$135.75	$385,000	5/30/2008	62
957649	10	1009 SIMMONS LN	FIELDSTONE FARMS SEC A	5	2 / 1	1997	2	3,415	$118.45	$404,500	$121.52	$415,000	5/30/2008	52
948362	10	155 CARPHILLY CIR	FIELDSTONE FARMS SEC AA	4	3 / 0	2002	2	2,921	$138.65	$405,000	$135.23	$395,000	5/28/2008	116
915556	10	304 FARRINGTON PL	Fieldstone Farms	4	2 / 1	1993	2	3,000	$136.63	$409,900	$135.00	$405,000	5/7/2008	76
972044	10	100 CARPHILLY CIR	FIELDSTONE FARMS SEC AA	4	3 / 1	2001	2	3,500	$137.11	$479,900	$135.71	$475,000	5/21/2008	33
Average				3.45		1996	1.73	2,338	$134.18	$313,718	$131.76	$308,061		72

Here is the breakdown compared to April:

P/SQFT: 131.76 (May) - 127.91 (April) - Up 2.92% in May
Ave SQFT: 2,338 (May) - 2,317 (April) - Up 0.92% in May
Avg Sale Price: 308,061 (May) - 296,378 (April) - Up 3.79% in May
Days on Market: 72 (May) - 62 (April) - Up 13.89% in May

Although the houses stayed on the market an average of 10 days longer in May, the Price per SQFT, Average Sales Price, and the Average SQFT was up, which is a good sign! In April, home owners received 98.51% of their asking price, while in May they received 98.20%

If you would like to know more about Fieldstone Farms, please feel free to contact me at:

Todd Lewis
Legacy Development Group, LLC
1226 16th Avenue South
Nashville, TN 37212
615.429.3815 cell