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Westhaven Homes for Sale – March 2023

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WesthavenWesthaven Homes are feeling the pain of higher interest rates with only 10 closings for the month of February 2023 compared to 16 closings in February of last year. The average price of homes sold is lower but the price per square foot is within 1 percent of last year at $421

  • the median price of homes sold during the month of February was $1,349,578 compared to $1,658,398 last year
  • the average size of homes sold in February of 2023 was 3578 square feet compared to 4201 last year
  • the list price to sales price ratio of homes sold during the month was 98% compared to 104%
  • The average days on market for homes sold in February was 79 compared to just 2 last year
  • 25 homes are currently pending sale most are under construction
  • 42 Westhaven homes currently for sale as listed in the Nashville MLS but some are under construction

Westhaven homes in Franklin TN have been the one of the most popular neighborhood in Williamson county and all of middle Tennessee for several years.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

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(all data current as of 3/21/2023)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Top Ten Franklin TN Neighborhoods – 2022 Fourth Quarter

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Franklin TN HomeThe Favorite Franklin neighborhoods based on number of sales the fourth quarter of 2022 are as follows

  • Westhaven with 39 closings – the average price of homes sold was $1,472,619 and averaged $424 per square ft.
  • Waters Edge – 20 closings for the quarter with the average price being $740,669
  • St Marlo – 20 closings at an average price of $1,100,308
  • Fieldstone Farms with 17 closings at an average price of $665,170
  • Highlands @ Ladd Park – 13 closings at an average price of $1,006,277
  • Mckays Mill – 14 closings at an average price of $770,957
  • Lookaway Farms had 10 closings for the quarter with an average price of $2,330,910
  • Terra Vista had 9 closings at an average price of $1,036,764
  • Sullivan Farms had 9 closings at an average of $708,378
  • Daventry had 8 closings at an average price of $1,414,792
  • Southbrooke had 8 closings at an average price of $957,012

Some of the results here are surprising, but the math really tells you where the Franklin real estate market is right now, and the sheer size of Westhaven and the amount of new construction homes in the neighborhood have made it the sales leading in Williamson county for several years now.  If you would like to search for homes in any of these Franklin neighborhoods, just click on the links, or give me a call.

Search for Franklin TN homes for sale here

Franklin TN Real Estate For Sale – December 2022

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Franklin TN real estate for sale –   The number of home closings have dropped by 35% in the last 12 months but prices still remain firm. The good new for buyers is that homes are listed for a longer time before they are sold giving them time to evaluate options before making an offer. 

  • 103 Franklin homes sold during the month of  November 2022 compared to 157 for the same period last year a 35% reduction
  • 368 Franklin homes are currently listing in the Nashville MLS as available for purchase
  • 79 homes are currently under contract
  • the median sales price for homes sold during the month of November was $930,786 compared to $863,050 last year an increase of  7.8%
  • the median price per square foot for homes sold was $310 compared to $273 for November of 2021 an increase of 13.5%
  • the average list price to sales price ratio for homes sold in November was 98%

Search for Franklin TN real estate for sale here – 

Information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. View the top Franklin neighborhoods here.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

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See all Real estate matching your search.
(all data current as of 3/21/2023)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Mckays Mill Homes For Sale November 2022

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Mckays Mill  – 4 homes sold during October of 2022, 50% less than the same month last year. The average price of homes sold increased 24% during the same period.

  • the list price to sales price ratio of homes sold in October was 99.83%
  • average days on market for homes sold was 3 days
  • 6 homes are currently listed in the Nashville MLS as available for purchase
  • the average price per square foot of homes sold was $272 compared to $223 for the same period last year
  • The average sale price for October was $957,475 compared to $771,070 for the same period last year
  • the average size of homes sold was 3641 square feet
  • 7 Mckays Mill homes are currently pending sale

Here is a summary of the conditions of the market for Mckays Mill homes, and it’s sister next door the Villages of Clovercroft, it’s still a sellers market with and average days on market of only 3 days. Most new listings have an offer within 24 hours now, and the list price to sales price ration is 99%. The reasons are simple, it’s one of the most affordable places to live in the Cool Springs area of Franklin, and the commute to downtown Nashville is less than 20 miles by interstate.

Search for Mckays Mill homes in Franklin TN here

information on this page is based on information on single family homes for sale in Mckays Mill Franklin TN per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed.

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

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See all Mckays Mill.
(all data current as of 3/21/2023)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 
 

Polk Place Homes for Sale – November 2022

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Polk Place HomePolk Place Place Homes for sale and Market Report – Only one home closed in Polk Place during the month of October and it sold for 97% of asking price, quite a difference from the market we had last summer. High interest rates had made a big change to real estate market worldwide, and Franklin is no exception.

  • the Polk Place home that closed was only on the market for 16 days.
  • 6 home are currently available for purchase at an average list price of $811,117 and an average size of 3114 square feet
  • no homes are currently under contract.
  • the average price per square ft of Polk Place homes sold in 2022 so far has been $278 compared to $219 in 2021 and increase of 27%.

Polk Place is located on the south side of Franklin next to the historic Carnton Plantation property. With all brick homes at affordable prices, Polk Place has always been in high demand. Only 13 homes have sold in Polk Place this year, so waiting for the right home requires patience and a good buyers agent who knows the neighborhood.

Search for Polk Place homes here

 

For the most-up-to-date information on Polk Place current home values, then we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods in the Franklin area. Also ask to be placed on an instant notification system when any new listings come on the market or price reductions are posted.

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Franklin TN Homes For Sale – November 2022

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Franklin TN homes for sale – Franklin TN HomeThings have changed in the last few months with interest rates around 7% at this time, it’s a much slower market for home sales and multiple offers are becoming an unusual occurrence  instead of the norm. 

  • 84  Franklin TN homes sold during the month of  October 2022 compared to 120 for the same month last year  
  • 429 Franklin homes are currently listed in the Nashville MLS for sale
  • 196 homes are currently under contract
  • the median sales price for homes sold during the month of October was $799,500 compared to  $720,000 last year, an increase of 11%
  • the median price per square foot for homes sold was $317 compared to $272 for October of 2021 an increase of 16.5%
  • the average list price to sales price ratio for homes sold in October was 98%

Search for Franklin TN homes for sale here – information on this page is based on information on single family homes for sale in Franklin per the Nashville Multiple Listing Services, Inc. and is deemed reliable but, not guaranteed. View the top Franklin neighborhoods here.

 

This posting and the contents written here are the intellectual property and opinions of Larry Brewer of Benchmark Realty. Providing real estate services to clients in Nashville, Brentwood, Franklin, Spring Hill, Green Hills, and the middle Tennessee area

  • List View
  • Map View

See all Real estate matching your search.
(all data current as of 3/21/2023)

Listing information deemed reliable but not guaranteed. Read full disclaimer.