Monday, May 26, 2008

Neighborhood of the Week: Concord Hills

So far, Neighborhood of the Week has been all around K-Town, from the north to the south and the east to the west. But there's one place NOTW hasn't yet stepped foot in: Farragut. This week it's time to remedy that by taking a look at Concord Hills.

Concord Hills is a large, established community located just off of Concord Road in Farragut and is very convenient to I-40 at either Lovell Road or Campbell Station. One of the best features of the neighborhood, besides the great homes, large lots, well manicured lawns, and numerous trees, is the community recreation association. This association includes a newly remodeled pool and tennis courts, as well as community swim and tennis teams. Concord Hills also has a very active homeowners association, and their website lists numerous neighborhood activities that take place in the community throughout the year.

If you're looking to live in a very well-kept, conveniently located, established neighborhood with a strong sense of community in Farragut, Concord Hills might just be right up your alley.

Here's Concord Hills by the numbers -

Concord Hills*

Current On-Market Listings - 15
Average Asking Price: $445,447
Median Asking Price: $424,900
Most Expensive: $874,900 (5 BR, 6 1/2 BA, 7000+ sq ft)
Least Expensive: $274,900 (4 BR, 4 BA, 3700+ sq ft)

Current Pending Sales -2
Average Asking Price: $279,900
Median Asking Price: NA

Closed Sales - Q1 2007 - 2
Average Asking Price - $349,900

Average Sales Price - $342,900
Median Sales Price - NA
Average Days on Market - 87

Closed Sales - Q1 2008 - 1
Average Asking Price - $419,900
Average Sales Price - $415,000
Median Sales Price - NA
Average Days on Market - 97

*Data taken from KAARMLS on 5/26/08 does not include adjacent subdivisions, condos, PUDS, or multi-family units.

As always, if you want any more information about any of these properties just give me a shout.

Is there a neighborhood you'd like to see here next week? Make a wish for it in the comments, and it might just come true.

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