Legends Ridge (Franklin, TN)
By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Legends Ridge Home Worth? August 2016 Properties active on the market: 5 Single-family properties closed in August: 2 Average sales price: $1,040,000 Average list price: $1,062,450 Sales price to list price ratio: 97.9% Average days on the market: 126 Legends Ridge absorption rate: 2.5 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Legends Ridge is experiencing an extreme seller's market. The sales price to list price ratio is low and the average days on the market are high, which suggests these homes may have been overpriced when they came on the market. Given that luxury home sales are seeing more activity, now may be a good time to list ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Legends Ridge Home Worth? June 2016 Properties active on the market: 5 Single-family properties closed in June: 1 Average sales price: $1,060,000 Average list price: $1,095,000 Sales price to list price ratio: 96.8% Average days on the market: 131 Legends Ridge absorption rate: 5 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Legends Ridge is in a steady market. The sales price to list price ratio is low and the average days on the market are high, which suggests home were priced too high when they came on the market. Even so, inventory remains low. Given that the luxury home segment is seeing more activity, now may be a good time to list y...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Legends Ridge Home Worth? May 2016 Properties active on the market: 5 Single-family properties closed in May: 2 Average sales price: $1,037,500 Average list price: $1,042,500 Sales price to list price ratio: 99.5% Average days on the market: 121 Legends Ridge absorption rate: 2.5 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Legends Ridge is experiencing a seller's market. While the sales price to list price ratio is excellent, the average days on the market are high. Even so, inventory remains low. Given that this segment of the market is seeing more activity, now may be a good time to list your Legends Ridge home.Pricing your home right ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
What's My Legends Ridge Home Worth? April 2016 Properties active on the market: 3 Single-family properties closed in April: 4 Average sales price: $1,090,000 Average list price: $1,129,975 Sales price to list price ratio: 96.5% Average days on the market: 107 Legends Ridge absorption rate: .8 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Legends Ridge is experiencing an extreme seller's market. While the sales price to list price ratio is low and the average days on the market are high, inventory remains low. Given that this segment of the market is seeing more activity, now may be a good time to list your Legends Ridge home.Pricing your home right ...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
The housing market in Franklin TN continues to be very strong. The slowest moving price point is homes in excess of $1M. For buyers looking at these homes, there are some real opportunities. This doesn't seem to deter builders from cranking out million dollar new construction houses. With all the competition for Franklin homes in excess of $1M, finishes continue to be very important to buyers. They want to see features conducive to sumptuous living; custom-designed and built with elegant finishes including gourmet kitchens with custom cabinetry, granite or marble counter tops, high-end appliances such as Thermador, Viking, Miele or Sub-Zero/Wolf. Franklin luxury homes often have loads of custom mill-work, coffered ceilings, crown moulding and wainscoting. Flooring finishes range from ha...
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By Larry Brewer - Benchmark Realty llc
(Benchmark Realty LLc)
Legends Ridge Homes June 2014 - Legends ridge is a neighborhood of luxury homes located on the north side of Franklin Tn at the corner of south Berry's Chapel road and Hillsboro road. Homes in Legends ridge range in size from 3500 square feet to over 8000 square feet and in price from $700,000 to over $2,000,000. Some of the homes have majestic hillside views to the south and west, and others are build on flat lots. With a clubhouse and pool for a neighborhood with only 172 homes and lots, it's usually not very crowded. Some of the Legends Ridge homes have pools, and because most of the homes have yards of one acre, and half of the neighborhood is on flat land, its not a surprise that people who want a nice back yard with a pool would select this neighborhood. Legends Ridge homes are zo...
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By Tammie White, Broker, Franklin TN Homes for Sale
(Franklin Homes Realty LLC)
Legends Ridge Homes for Sale Market Report August 2013 Legends Ridge Franklin TN homes for sale are located in the rolling hills on the west side of town. It is one of the most beautiful neighborhoods in the area. There are approximately 200 homes in this luxury Franklin TN neighborhood that range between 4,000 to 10,000 square feet. The majority of the lots are one-acre, however, you will find homes with more acreage. The homes date as far back as 1997 but there is still building going on today. There are still Legends Ridge lots available for purchase. Legends Ridge amenities include a swimming pool, clubhouse, two-lighted tennis courts, a stocked fishing lake, walking trails and playground.    Search Legends Ridge Homes for Sale in Franklin TN         Legends Ridge Homes for Sale Mar...
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Franklin, TN Real Estate Professionals