Chestnut Bend (Franklin, TN)
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Chestnut Bend Home Worth? Market Report for October 2014 Properties currently Active on the market: 2 Single-family properties closed in October: 2 Average sales price: $530,500 Average list price: $540,833 Average sales price to list price ratio: 98.1% Average days on the market: 71 Active under contract: 1 Chestnut Bend absorption rate: 1 month of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months) Chestnut Bend is experiencing an extreme seller's market with just under one month of inventory. The sales price to list price ratio is very good. While the average days on the market may seem high it is actually lower than the average days for Franklin homes priced between $5...
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By Connie Harvey, Realtor - Nashville TN Real Estate
(Pilkerton Realtors)
Chestnut Bend 2014 Mid Year Market Report   Chestnut Bend home sales fluctuate each year. With only 171 homes one year they're up the next they're down. It not just the economy that causes this.     # Sales List Price Sales Price DOM 2013 1 $474,990 $455,000 175 2014 3 $529,966 $516,666 32 % Change 300% 12% 14% -50%   The number of sales was up a good bit, and prices increased as well.  The average sales price in Franklin for the same time period in 2014 was $473556 or 9% less that those in Chestnut Bend. Prices increased 9% overall in Franklin in this period of 2014 with days on the market down 11%. Chestnut Bend is located behind Franklin High School. It is an easy walk to downtown Franklin with the walking trail that runs behind the neighborhood and over to the Harpeth River at Margi...
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By Connie Harvey, Realtor - Nashville TN Real Estate
(Pilkerton Realtors)
Chestnut Bend 2013 Market Report   Chestnut Bend home sales fluctuate each year. With only 171 homes one year they're up the next they're down. It not just the economy that causes this.     # Sales List Price Sales Price DOM 2012 12 $466,945 $448,936 122 2013 5 $490,958 $481,000 76 % Change -58% 5% 7% -37%   The number of sales was down a good bit, but prices increased just like the other neighborhoods of Franklin. The average sales price in Franklin in 2013 was $454,207 or 6% less that those in Chestnut Bend. Prices increased 10% overall in Franklin in 2013 with days on the market down 16%. Chestnut Bend is located behind Franklin High School. It is an easy walk to downtown Franklin with the walking trail that runs behind the neighborhood and over to the Harpeth River at Margin Street....
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By Connie Harvey, Realtor - Nashville TN Real Estate
(Pilkerton Realtors)
Chestnut Bend Third Quarter 2013 Market Report Chestnut Bend has had both good and bad news in this past year! The number of sales is down considerably but the prices are up! Being a small community, having the number of sales down is not an issue. Some years more people move than in other years. Having the prices up is great.     # Sales List Price Sales Price DOM 2012 9 $460,933 $441,933 126 2013 4 $478,722 $463,750 74 % Change -63% 4% 5% -41%   There is currently only one house on the market it has an inspection contingency on it. Inventory has been down all over the Nashville Franklin area but this is extremely low even for this neighborhood. Chestnut Bend is often sought after because of its easy location. Students can walk to Franklin High School, and whole families can walk to th...
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By Connie Harvey, Realtor - Nashville TN Real Estate
(Pilkerton Realtors)
Chestnut Bend 3rd Quarter Market Report 2012 Chestnut Bend enjoyed some nice increases in both the number of sales and the sales price. This is the perfect example of the market finally turning positive.     2011 2012 Percent Change # of Homes Sold 5 8 60% Average list Price $436,660 $466,687 7% Average Sales Price $426,580 $447,175 5% Days on the Market 105 127 21% Prices went up moderately, but the number of sales jumped considerably. There are currently 4 Active Listings with an average asking price of $489,900. The one Pending sale is listed at $489,900. Chestnut Bend is located directly behind Franklin High School off Franklin Road. It offers wonderful walking and biking trails that connect to the
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By Connie Harvey, Realtor - Nashville TN Real Estate
(Pilkerton Realtors)
Chestnut Bend Springs Spring 2012 Market Report Chestnut Bend was consistent in sales in the first 6 months of 2012 compared with the same time in 2011. Prices were up too. Prices in Williamson County averaged a 1.6% increase in 2012 with an 18% increase in the number of homes sold.   # Homes Sold List Price Sales Price Days on Market 2011 3 $444,300 $430,500 149 2012 4 $469,700 $451,225 146 % Change 33% 6% 5% -2% Chestnut Bend beat both averages. In creating a balance review of the sales, one sale was pulled from the average of the 2011 numbers because it was 1000 square feet larger and $60,000 more expensive than the next highest. We feel that the above numbers more correctly represent the activity in the neighborhood. Chestnut Bend is hidden behind Franklin High School just off Frank...
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By Connie Harvey, Realtor - Nashville TN Real Estate
(Pilkerton Realtors)
Franklin TN Real Estate Chestnut Bend 2011  Market Report Home Sales in Chestnut Bend were up somewhat in 2011 compared to those of 2010. Though the prices were down, they were only down 1%. The average sales price in Franklin overall was down 6.5% in 2011 compared to 2010.     2010 2011 Percent Change # of Homes Sold 6 7 17% Average list Price $453,450 $438,185 -3% Average Sales Price $429,166 $425,414 -1% Days on the Market 54 103 90% There are currently 2 homes on the market in Chestnut Bend. That works out to be a 3.5 month supply. Franklin has a 6 month supply of homes. Chestnut Bend is tucked neatly behind Franklin High School and opens back out by the CVS at Del Rio Pike. The Franklin Trail that runs from the Williamson County Rec Center to the river runs behind the neighborhood ...
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Franklin, TN Real Estate Professionals