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.
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 Margin Street.
The trail, in the opposite directions links to Franklin High School, Maggies Dog Park and the Recreation Center next to Mack Hatcher.
There are currently 5 homes on the market in Chestnut Bend. This is unusually high considering only 3 homes sold in the first 6 months and most active time of year.