Franklin Real Estate News

Franklin Tn Home Sales for February 2010

Elizabeth Payne (Keller Williams ) — Fri, 05 Mar 2010 22:11:55 -0600

Franklin Home Sales are starting to heat up.

Via Larry Brewer (Keller Williams ):

Franklin TN Home Sales for February 2010 are as follows

71 Franklin TN Homes were sold

The average price of homes sold was $382,631

The average size of homes sold was 2995 square ft

The average number of days on market for sold homes in Franklin was 98

146 Franklin TN Homes are pending sale

959 Homes are available for sale in Franklin

My analysis is this – The inventory of homes in Franklin is still sufficient to support a buyers market, and prices reflect that. However, new homes at affordable prices are becoming harder to find, and builders will not be replenishing sold homes at the rate they did in the past. Pre-owned homes will always be available, but I expect the prices to start increasing for the higher demand communities like Westhaven .

Click on the link to search for Franklin TN Homes

Golf at the Governors Club

Elizabeth Payne (Keller Williams ) — Wed, 03 Mar 2010 19:23:19 -0600

The governors club is know thoughout the south for luxurious estate homes, and a great golf course.

Via Larry Brewer (Keller Williams ):

Golf at the Governors Club - If you have the desire to join a private club in the Nashville area, and you like the idea of playing on a course designed by Arnold Palmer, the Governors Club might be the course for you. Located on the east side of Brentwood just a 10 minute drive from downtown Nashville.

If owning a luxury home on the golf course is part of the package, give me a call. I think every golfer should treat themselves to a home of the golf course, and the Governors club is a great place to live.

Nashville Home Values down 0.4 percent

Elizabeth Payne (Keller Williams ) — Fri, 26 Feb 2010 06:54:12 -0600

The market in Nashville is slow, but the prices are as low as they are probably going to get.

Via Larry Brewer (Keller Williams ):

Nashville home values down 0.4 percent - According to Zillow, Nashville home prices have been very stable for the last 12 months. Most of the customers I speak with are very concerned by the media representation of real estate values constantly eroding. According to Zillow, it's not the case in Nashville.

To search for Nashville Homes. click on the button

Inspecting Real Estate in Nashville, TN ~ Garage Door Safety

Elizabeth Payne (Keller Williams ) — Fri, 26 Feb 2010 06:52:38 -0600

One of the things inspectors are looking out for, Garage doors

Via Michael Thornton - Nashville, TN area Home Inspector (Complete Home Inspections, Inc.):

Inspecting real estate in Nashville, TN ~ Garage door safety...
Garage doors are the largest moving object in your home. Child and pet safety are major areas of concern when purchasing or having your new home inspected. Municipalities and insurance companies now require photo eyes to be installed on all mechanically operated garage doors. As a general rule, these are to be placed between 4-6" above the garage floor.
Every now and then, the placement of these safety items is overlooked during the new construction process. While these are supposed to be checked by local building officials prior to a house being issued a CO (Certificate of Occupancy), these often get overlooked during the final inspection. Thankfully, the home inspection process catches these items to ensure as safe dwelling for you and your family.

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Nashville home sales up 29 percent in the 4th quarter

Elizabeth Payne (Keller Williams ) — Tue, 23 Feb 2010 21:27:35 -0600

Via Larry Brewer (Keller Williams ):

Nashville Home Sales up 29 percent for the 4th quarter of 2009. According to the GNAR, there were 5,730 closings in the region, which is a 29.8 percent increase over the 4,413 closings in the 4th quarter of 2008.

The median residential price for Nashville Homes in December of this year was $164,000 and for a condominium the median price was $149,900. That compares with median prices of $163,750 and $132,062 respectively in December of last year. And, there were 1,339 sales pending at the end of December 2009, compared with 1,250 at the end of December of 2008.

Nashville real estate inventory is down to 20,774, compared with 21,274 in December of 2008.

To search for Nashville homes, click on the Nashville button.

Providence in Mt Juliet

Elizabeth Payne (Keller Williams ) — Tue, 23 Feb 2010 21:24:00 -0600

Via Larry Brewer (Keller Williams ):

Providence is a development with 8 communities. with shoppng and dining convenintl located next to I-840, it's a short commute to downtown Nashville. With prices ranging from $170,000 for zero lot line 1200 square ft homes to Luxury estate homes over $500,000, Providence has a lot to offer including a Del Webb Adult Living community for active adults over 55, Del Webb offers luxury living,One level floor plans, With a 24,000 Sq. Ft. Clubhouse including indoor&outdoor pools,hot tubs, planned activities,fitness center,tennis,bocce,pickleball,walking trails,fish&canoe in lake, and a Lifestyle director
Click here To search for Providence Real Estate, or Homes in Providence,

Spring Hill Home Sales for January

Elizabeth Payne (Keller Williams ) — Fri, 12 Feb 2010 09:17:55 -0600

Via Larry Brewer (Keller Williams ):

Spring Hill Home Sales for Jan 2010 were as follows

24 Spring Hill Homes were sold in January

74 homes are under contract at the end of the

458 homes are available and not under contract

The average size of Spring Hill homes sold was 2401 square ft

The average sales price of Spring Hill Homes sold in January was $212,721

The average sold price to list price comparison was 98 percent

Click here to search for Spring Hill Homes.

Murfreesboro Home Sales for January

Elizabeth Payne (Keller Williams ) — Fri, 12 Feb 2010 09:17:32 -0600

Murfreesboro is one of the fastest growing communities in Tennessee. With reasonable priced homes, and an easy commute to Nashville, Murfreesboro should be a consideration for people relocating for other states.

Via Larry Brewer (Keller Williams ):

Murfreesboro Homes Sales for January - Based on information obtained from the Nashville Multiple listing service.

74 homes were sold in Murfeesboro in January

187 Murfreesboro homes were under contract

873 Murfreesboro homes are currently active

Average days on market of homes sold was 85

Average price of homes sold was $162,451

To search for Murfreesboro Homes, click on the button.

Green Hills Homes Sales January 2010

Elizabeth Payne (Keller Williams ) — Sun, 07 Feb 2010 10:40:54 -0600

Green Hills real estate is always in high demand.

Via Larry Brewer (Keller Williams ):

Green Hills Home Sales for Jan 2010 were as follows

10 Green Hills Homes were sold in January

15 homes are under contract at the end of the month

192 homes are available and not under contract

The average size of Green Hills homes sold was 4129 square ft

The average sales price of Green Hills homes sold in January was $780,490

The average sold price to list price comparison was 96 percent

Click here to search for Green Hills Homes.

Brentwood Home Sales for Jan 2010

Elizabeth Payne (Keller Williams ) — Fri, 05 Feb 2010 19:11:58 -0600

Brentwood homes are still in the bargain stage. but starting to move.

Via Larry Brewer (Keller Williams ):

Brentwood Home Sales for Jan 2010 were as follows

25 Brentwood Homes were sold in January

70 homes are under contract at the end of the month

369 Brentwood homes are available and not under contract

The average size of Brentwood homes sold was 4197 square ft

The average sales price of Brentwood homes sold in January was $577,644

The average sold price to list price comparison was 97 percent

Click here to search for Brentwood homes.

Franklin Home Sales January 2010

Elizabeth Payne (Keller Williams ) — Fri, 05 Feb 2010 19:10:45 -0600

Franklin homes are starting to move

Via Larry Brewer (Keller Williams ):

Franklin Home Sales for Jan 2010 were as follows

48 Franklin homes were sold in January

176 Franklin homes are under contract at the end of the month

732 Franklin homes are available and not under contract

The average size of Franklin homes sold was 3002 square ft

The average sales price of Franklin homes sold in January was $363,205

The average days on market was 115

Click here to search for Franklin homes .[/caption]

Goose Creek Exit Design Still on Hold - Franklin Tn

Elizabeth Payne (Keller Williams ) — Wed, 03 Feb 2010 22:04:13 -0600

This is part of the interstate 65 improvements that will need to be done before Spring Hill and south Franklin can expand.

Via Larry Brewer (Keller Williams ):

Franklin's Mayor and Board of ALdermen have yet to decide on the design of the Goose Creek exit.
"We don't have all the information ready to present to the board," said Mayor John Schroer. "We are still waiting to hear back from TDOT."

The state has said if Franklin officials do not want to spend the additional $4.8 million for the SPUI, they will redesign the project, but the city will have to pay for the design work already done. That is the number Schroer and others are waiting on.
Franklin asked TDOT to use a SPUI at the Goose Creek interchange and city staff continue to recommend the design due to development pressures in the area.

CIP Executive Dave Parker and City Administrator Eric Stuckey said traffic volumes already exceed limits where a SPUI - "which are considered to have more capacity than diamond interchanges" - are warranted. Complicating the matter is the fact neither man believes the traffic count projected by the Metropolitan Planning Organization take into account the Berry Farms development, which includes 400 residential units and 2.2 million square feet of commercial and office use in the area.

During the 7 p.m. voting meeting, aldermen delayed the matter until Feb. 9.

Many people think that without the exchange and expanding I-65 to 4 lanes, Development south of highway 96 will be very slow.

Franklin homes are starting to sell

Elizabeth Payne (Keller Williams ) — Sun, 31 Jan 2010 08:12:17 -0600

Franklin real estate is a lot more active than most buyers know. i suspect i'll see a lot of frustrated buyers this spring.

http://www.elizabethpayhebrewer.com

Via Larry Brewer (Keller Williams ):

Franklin homes are starting to sell. - Someone ask me last week if Franklin homes were starting to move, and if so, what price range is moving best. Because I'm a realtor, I know that the more affordable homes are moving quicker than the more expensive homes. but just for the people who live with statistics, here is some real data. This information is for the period of 12/28./2009 until 1/28/2010, for homes in Franklin TN.

Prices up to $200,000 in Franklin

46 homes are currently active and not under contract

14 are under contract

3 closed in the last 30 days

From $200,000 to $300,000

136 homes are active and not under contract

31 homes are under contract to sell

16 closed in the last 30 days

From $300,000 to $400,000

133 homes are active and not under contract

43 are under contract

14 closed in the last 30 days

From $400,000 to $500,000

136 homes are active

43 are under contract

9 closed in the last 30 days

From $500,000 to $750,000

176 homes are active

30 are under contract

10 closed in the last 30 days

From $750,000

183 homes are active

15 are under contract

2 closed in the last 30 days

As you can, the more affordable homes come under contract a little faster than the luxury Franklin homes. But I was surprised that even up to $500,000 30 percent of the homes on the market are have a sales contract. I predict a very busy spring.

To search for Franklin Homes, click on the button

Franklin real estate sales - Weekly Statistics January 22 2010

Elizabeth Payne (Keller Williams ) — Sat, 30 Jan 2010 21:33:59 -0600

Via Larry Brewer (Keller Williams ):

Franklin real estate sales - Weekly Statistics January 22 2010

Franklin real estate sales for the week ending January 22, 2010 were as follows.

10 Franklin homes sold

108 Franklin homes are pending

886 Franklin homes are currently listed

The average price of sold homes was $399,480

The average size of Franklin homes sold was 3296 square ft

The average price per square ft of homes sold in Franklin was $121,20

The most expensive home listed in Franklin is $38,000,000 and it belongs to Alan Jackson

The least expensive home listed in Franklin is $72,800 and I have no idea who owns it

To search for Franklin real estate for sale, click on the button

Westhaven Luxury Home - Franklin Tn

Elizabeth Payne (Keller Williams ) — Thu, 21 Jan 2010 21:47:26 -0600

Westhaven real estate Is the hot right now, and Franklin is still one of the most popular small towns in the country.

Via Larry Brewer (Keller Williams ):

Westhaven Luxury Home - 4672 square ft with 4 bedrooms 4.5 baths, 3 car garage, competitively priced at $859,900. This home has everything you could ever want in the most popular community in Williamson county. Westhaven brings back the small town feel with all of the modern conveniences that you could want. Westhaven is located on the west side of historic Franklin tn just south of Nashville

Click on the link here for more information on 1580 Championship Blvd in Franklin Tn.

Click here more Westhaven Homes for sale