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Franklin TN Real Estate - Chestnut Bend Spring 2009 Market Report

Franklin TN Real Estate - Chestnut Bend Spring 2009 Market Report

Chestnut Bend

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

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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
Posted Wednesday Jul 01

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