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

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
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

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.
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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

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