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Franklin TN Real Estate, Spring 2009 Market Trends for Founders Pointe Subdivision

Franklin TN Real Estate, Spring 2009 Market Trends for Founders Pointe Subdivision

Founders Pointe Subdivison

One always feels welcome as they enter the Founders Pointe Subdivision. Located off 96West the homeowners enjoy their peaceful surroundings. The Market Report for Founders Pointe in 2008 showed that sales had stayed strong and that prices had actually gone UP!

The Market Report for the Spring of 2009 is not quite as rosey. Sales are down over 50% but prices are only down 5%. Considering that the market in so many other areas is down more than 10% in price, 5% seems nominal.

Address Sq Ft List Price SP/SF Sales Price Closed DOM
318 DEVONSHIRE DR 2,076 $275,000 $117.53 $244,000 5/12/2008 15
502 ANTEBELLUM 2,223 $289,900 $125.96 $280,000 4/30/2008 22
306 MILLHOUSE DR 2,301 $297,500 $124.95 $287,500 6/1/2008 110
205 FOUNDERS POINTE 2,726 $319,900 $115.55 $315,000 6/12/2008 22
106 Founders Pointe 2,502 $324,900 $127.90 $320,000 4/22/2008 60
109 TYNE DR 2,537 $324,900 $128.06 $324,900 4/28/2008 31
315 Millhouse Dr. 2,542 $324,900 $125.89 $320,000 6/30/2008 20
115 WILSHIRE DR 2,656 $326,000 $119.73 $318,000 5/9/2008 20
706 FOUNDERS POINTE 2,521 $329,900 $130.86 $329,900 5/16/2008 24
703 Meeting Street 2,860 $329,950 $115.03 $329,000 5/2/2008 36
503 PROMENADE CT 2,848 $365,900 $126.40 $360,000 5/22/2008 53
617 RUTHERFORD LN 3,274 $374,900 $108.43 $355,000 6/9/2008 78
AVERAGE 2,588 $323,637 $121.82 $315,275 40
Address Sq Ft List Price SP/SF Sales Price Closed DOM
312 DEVONSHIRE DR 1,984 $249,900 $113.41 $225,000 5/8/2009 13
314 Devonshire Dr 2,164 $294,900 $131.70 $285,000 1/29/2009 134
124 WILSHIRE DR 2,735 $309,900 $109.32 $299,000 4/3/2009 16
414 FONTAINE DR 3,048 $349,990 $109.91 $335,000 2/24/2009 174
617 Rutherford Ln 3,274 $361,900 $105.38 $345,000 2/17/2009 92
AVERAGE 2,641 $313,318 $112.76 $297,800 85

The $8000 First time home Buyer Tax Credit has caused a lot of activity in the homes priced near $200,000 and below. As these homes sell, the next step up will be neighborhoods like Founders Pointe. Activity should continue to pick up through the end of 2009.

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Connie Harvey helps Buyers and Sellers with their Nashville TN Real Estate needs.
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Contact Connie at 615-661-7800 x 1300 or via email HarveyC@realtracs.com .

Founders Pointe Market information.

Villages of Brentwood Sales of Homes in Nashville TN - Market trends for Spring 2009

Villages of Brentwood Sales of Homes in Nashville TN - Market trends for Spring 2009

Villages of Brentwood

Home sales are just barely down in the Villages of Brentwood this year. Prices have also remained very close to their levels of 2008. The bigger difference that you'll see is that the smaller and thus lower priced homes are the ones selling right now. What that means is where you see the AVERAGE sales price is down from $181,230 to $168,818 which looks like a lot. The actual price per square foot is actually up a Dollar!

Homes in Villages of Brentwood will qualify for the $8000 First time Home Buyers Tax Incentive. Read more about how to get the $8000 Tax Incentive at the link above.

Address BR Yr Blt Gar Sq Ft List Price SP/SF Sales Price Closed DOM
5501 VILLAGE WAY 3 1984 1,294 $129,900 $96.52 $124,900 4/16/2009 106
5113 ENGLISH VILLAGE 3 1989 1 1,215 $159,350 $130.86 $159,000 4/30/2009 25
5116 VILLAGE WAY 3 1987 2 1,312 $164,900 $124.24 $163,000 1/30/2009 59
5520 FAIRHAVEN DR 3 1988 2 1,626 $172,000 $106.24 $172,750 4/28/2009 205
5328 Village Way 5 1984 2 1,760 $174,900 $99.38 $174,900 5/18/2009 94
5420 HUNTERS RDG 3 1987 2 1,624 $179,900 $110.22 $179,000 6/19/2009 41
5105 ENGLISH VLG 3 1993 1 1,703 $194,900 $110.98 $189,000 3/9/2009 124
AVERAGE
3.25 1989 1.7 1,543 $170,718 $109.41 $168,818 101

There are currently 2 homes pending to close by the end of June which will mean that there is just one less closed transaction compared to last year in the same time period.

Address BR Yr Blt Gar Sq Ft List Price SP/SF Sales Price Closed DOM
5316 HUNTERS RDG 3 1986 0 1,128 $149,900 $132.00 $148,900 3/14/2008 38
5204 CARDIFF DR 3 1985 2 1,321 $171,000 $126.42 $167,000 6/13/2008 54
5260 VILLAGE TRACE 3 1990 1 1,428 $179,900 $123.25 $176,000 2/25/2008 92
5304 VILLAGE WAY 3 1985 2 1,686 $181,500 $106.76 $180,000 6/5/2008 48
5325 HUNTERS RIDGE 3 1986 2 1,612 $185,000 $114.76 $185,000 6/30/2008 35
5012 ENGLISH VILLAGE 3 1986 2 1,852 $194,000 $99.35 $184,000 6/9/2008 62
5344 VILLAGE WAY 3 1991 2 1,694 $196,500 $112.16 $190,000 5/25/2008 136
5213 VILLAGE TRCE 3 1991 2 1,684 $199,900 $111.64 $188,000 4/29/2008 238
605 VILLAGE TRACE 3 1990 2 2,316 $199,900 $86.31 $199,900 5/9/2008 69
5224 VILLAGE TRACE 3 1991 0 2,006 $204,900 $96.46 $193,500 4/28/2008 219

AVERAGE

3 1988 1.5 1,672 $186,250 $108.39

$181,230

99

The Nashville Real Estate market has seen and over 30% decrease in the number of closed home sales this year and a decrease in price of just over 8%. Using these numbers, one can see that the value of this neighborhood done very well.

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Connie Harvey is a full time Realtor with Prudential Woodmont Realty Group in Brentwood TN. She services both Buyers and Sellers with their Real Estate need in Nashville TN, Franklin TN, Brentwood TN and surrounding areas. She can be reached at 615-661-7800 x 1300 or HarveyC@realtracs.com.

Nashville TN Real Estate Market Report for Bradford Hills - Spring 2009

Nashville TN Real Estate Market Report for Bradford Hills - Spring 2009Bradford HIlls Nashville TN

Bradford Hills still posts strong sales for 2009. The number of closings is down 25% over Spring of 2008 and the prices are down about 3%. These are still good numbers, compared to Nashville, in general, which posted an almost 37% decrease in the number of sales and a full 7% decrease in the average sales price.

There are currently 21 properties for sale. That comes to approximately a 9 month supply, down from highs of 20 month supplies.

2009 Sales
Address BR Gar Sq Ft LP/SF List Price SP/SF Sales Price Closed DOM
605 COBBLE CT 3 1 1,260 $137.26 $172,952 $136.51 $172,000 2/27/2009 25
1113 CRESTFIELD DR 3 2 1,696 $117.63 $199,500 $115.92 $196,600 2/13/2009 60
2300 PEAK HILL CV 4 2 2,273 $87.95 $199,900 $87.99 $200,000 5/29/2009 94
309 CODY HILL PL 3 2 2,054 $97.37 $199,999 $97.37 $200,000 2/27/2009 21
6045 BRADFORD HILLS 3 2 1,434 $142.96 $205,000 $131.80 $189,000 2/26/2009 18
3028 CODY HILL RD 4 2 2,790 $74.91 $209,000 $75.23 $209,900 5/19/2009 54
5604 SEESAW RD 4 2 2,262 $95.00 $214,900 $94.56 $213,900 4/23/2009 56
2805 Call Hill Road 3 2 1,489 $144.33 $214,900 $142.38 $212,000 6/16/2009 92
3312 COBBLE ST 3 2 1,780 $122.75 $218,500 $121.91 $217,000 3/27/2009 49
205 WOODFIELD COVE 3 4 2,668 $82.43 $219,912 $76.09 $203,000 1/30/2009 31
3205 Cobble St 4 2 2,858 $80.48 $230,000 $78.73 $225,000 3/30/2009 35
AVERAGE 3.36 2.1 2,051 $101.26 $207,687 $99.22 $203,490 48

Address BR Gar Sq Ft LP/SF List Price SP/SF Sales Price Closed DOM
945 FALLVIEW TRAIL 3 1 1,361 $139.53 $189,900 $138.13 $188,000 4/12/2008 52
6141 BRADFORD HILLS 3 2 1,500 $130.67 $196,000 $130.67 $196,000 2/28/2008 62
1421 WOODFIELD DR 3 2 1,556 $126.29 $196,500 $125.32 $195,000 6/2/2008 73
6108 BRADFORD HILLS 3 2 1,737 $113.93 $197,900 $109.38 $190,000 1/22/2008 85
6072 BRADFORD HILLS 3 2 1,750 $113.09 $197,900 $111.43 $195,000 5/29/2008 74
2805 CALL HILL RD 3 2 1,484 $134.10 $199,000 $133.76 $198,500 6/30/2008 39
3437 COBBLE ST 3 2 2,250 $95.11 $214,000 $91.11 $205,000 2/16/2008 100
5617 SEESAW RD 3 2 2,630 $82.09 $215,900 $80.99 $213,000 6/18/2008 81
6053 BRADFORD HILLS 3 2,439 $88.52 $215,900 $87.33 $213,000 6/27/2008 19
253 BURGANDY HILL 3 2 1,810 $119.83 $216,900 $118.18 $213,900 6/9/2008 0
104 PEAK HILL 3 2 2,224 $97.98 $217,900 $97.53 $216,900 1/16/2008 121
2324 PEAK HILL 3 2 1,857 $118.42 $219,900 $118.47 $220,000 4/25/2008 172
249 BURGANDY HILL 3 2 2,278 $96.53 $219,900 $94.38 $215,000 5/20/2008 43
601 ROUNDHILL 3 2 2,284 $96.28 $219,900 $92.82 $212,000 5/27/2008 86
2765 CALL HILL 3 2 1,710 $130.70 $223,500 $133.63 $228,500 2/21/2008 44
2808 CALL HILL 4 2 2,442 $92.55 $226,000 $92.79 $226,600 3/26/2008 53
1136 CRESTFIELD 3 2,314 $99.35 $229,900 $97.71 $226,100 5/16/2008 81
3324 COBBLE ST 3 2,456 $95.64 $234,900 $93.24 $229,000 6/30/2008 45
512 BRADFORD HILLS 5 2 2,600 $90.38 $235,000 $90.38 $235,000 4/18/2008 36
3209 COBBLE ST 3 2 2,578 $93.06 $239,900 $91.89 $236,900 4/11/2008 109
AVERAGE 3.15 1.9 2,063 $104.38 $215,335 $103.09 $212,670 68

The Nashville TN Real Estate market has seen its share of lower prices, longer days on the market and foreclosures. Buyers are acting on the $8000 First Time Homebuyers Tax Credit being offered. As the lower priced inventory sells, many of those homeowners will be moving up in price. Already we're seeing multiple offers on well priced properties in good condition.

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Connie Harvey lives in Holt Woods. She is a full time Realtor with Prudential Woodmont Realty Group in Brentwood TN. She has up to date knowledge of market conditions in Bradford Hills and Holt Woods. Maintaining, and seeing an increase, in property values is of utmost importance to her.

She helps Buyers and Sellers with their needs in Real Estate in Nashville TN, Brentwood TN, Franklin TN and surrounding areas. She can be reached at 615-661-7800 x 1300 or HarveyC@realtracs.com

Brentwood TN Real Estate Market Report for Chestnut Springs - Spring 2009

Brentwood TN Real Estate Market Report for Chestnut Springs - Spring 2009

Chestnut Springs Brentwood TN

Sales of Homes in Chestnut Springs have basically doubled this year. There are 5 closed to date and one pending. The time on the market has increased by almost 100 days and the prices are down 7% on average.

What we're seeing is that the lower priced homes have started to move and the upper end continues to sit on the market. The 7% decrease in price is high for Brentwood TN home sales, where the average has stayed below 4%.

Address BR Sq Ft List Price SP/SF Sales Price Closed DOM
1525 CHESTNUT SPRINGS 3 2,004 $319,900 $154.69 $310,000 1/31/2008 21
1524 GESSHE CT 3 2,004 $323,000 $154.69 $310,000 2/29/2008 162
9703 NORTHFORK 4 2,446 $339,900 $135.53 $331,500 3/20/2008 55
3.33 2,151 $327,600 $147.45 $317,166 79
Address BR Sq Ft List Price SP/SF Sales Price Closed DOM
9723 NORTHFORK DR 3 1,893 $287,000 $139.99 $265,000 5/19/2009 191
9760 JUPITER FOREST 4 1,981 $296,500 $143.87 $285,000 5/22/2009 295
1527 CHESTNUT SPRINGS 3 2,286 $309,900 $133.20 $304,500 4/24/2009 181
1511 KEMAH CT 3 2,257 $310,000 $136.91 $309,000 4/27/2009 140
9713 NORTHFORK DR 3 2,265 $317,900 $136.87 $310,000 3/18/2009 64
3.2 2,136 $304,260 $137.97 $294,700 174

The Nashville TN Real Estate market has begun to pick up in the past few months. First time homebuyers are starting to act on the $8000 Tax Credit being offered. As the lower priced inventory sells, many of those homeowners will be moving up in price. Already we're seeing multiple offers on well priced properties in good condition.

Search for homes in Brentwood TN

Search for homes in Nashville TN

Connie Harvey is a Realtor with Prudential Woodmont Realty Group. She helps Buyers and Sellers with Real Estate in Nashville TN, Brentwood TN, Franklin TN and the surrounding areas.

Contact information:

888-798-7800 x 1300

HarveyC@realtracs.com

Brentwood TN Real Estate Market Report for Raintree Forest

Raintree Forest

Brentwood TN Real Estate Market Report for Raintree Forest 2009

Raintree Forest has seen a dramatic decrease in sales in 2009. The number of closed sales is down 75% over 2008 sales. There have been only 3 closings in 2009. All of those closed in May of this year. There is currently one pending and there are 15 homes for sale.

The average asking price is down to $118.42/SF or $402,633 from the average this time last year of $136.86/SF and $504,865. What we're seeing is that the lower priced homes have started to move and the upper end continues to sit on the market. The 13% decrease in price is high for Brentwood TN home sales, where the average has stayed below 4%.

Address Yr Blt Sq Ft LP/SF List Price SP/SF Sales Price Closed
1541 ROSELLA CT 2001 3,208 $121.54 $389,900 $109.10 $350,000 5/12/2009
9473 FOOTHILLS 1994 3,719 $107.29 $399,000 $98.14 $365,000 5/29/2009
1533 ROSELLA CT 2000 3,274 $127.98 $419,000 $122.17 $400,000 5/26/2009
Average 1998 3,400 $118.42 $402,633 $109.31 $371,666
Median 2000 3,274 $121.54 $399,000 $109.10 $365,000

Address Yr Blt Sq Ft LP/SF List Price SP/SF Sales Price Closed
1501 FOREST GARDEN 1987 3,071 $130.22 $399,900 $128.62 $395,000 6/25/2008
1500 FOREST GARDEN 1988 3,069 $133.56 $409,900 $125.45 $385,000 5/9/2008
9454 Foothills Dr 1993 3,695 $120.43 $445,000 $120.43 $445,000 3/1/2008
1506 FOREST GARDEN 1988 3,343 $134.58 $449,900 $132.52 $443,000 5/15/2008
9415 RAVEN HOLLOW 1988 3,489 $136.11 $474,900 $130.77 $456,250 4/1/2008
9415 DEERVALE CT 1992 3,702 $129.63 $479,900 $123.99 $459,000 6/30/2008
1548 LOST HOLLOW DR 1990 3,491 $140.07 $489,000 $137.21 $479,000 4/25/2008
1539 LOST HOLLOW 1988 4,200 $118.81 $499,000 $115.48 $485,000 3/21/2008
1564 Lost Hollow 1992 3,455 $144.69 $499,900 $136.03 $470,000 5/16/2008
9523 Grand Haven Dr. 2004 3,985 $150.56 $599,990 $145.52 $579,900 3/28/2008
9433 HIGHWOOD HILL 1996 3,967 $155.03 $615,000 $155.03 $615,000 1/2/2008
1524 BOREAL CT 2005 4,812 $144.64 $696,000 $142.25 $684,500 6/11/2008
Average 1992 3,689 $136.86 $504,865 $133.20 $491,387
Median 1991 3,593 $135.35 $484,450 $131.65 $464,500

The Nashville TN Real Estate market has been slow as in other parts of the country but not nearly as dramatic. First time homebuyers are starting to act on the $8000 Tax Credit being offered. As the lower priced inventory sells, many of those homeowners will be moving up in price. Already we're seeing multiple offers on well priced properties in good condition.

Search for homes in Brentwood TN

Search for homes in Nashville TN

Connie Harvey provides Real Estate Services for Home Buyers and Sellers in Nashville TN, Brentwood TN, Franklin TN and surrounding areas.