Raintree Forest, one of Brentwoods more popular neighborhoods is feeling the pain of the economic downturn somewhat harder than other Brentwood TN Home Subdivisions. In 2008 there were 5 homes that sold in the first quarter of the year. Thusfar, none have sold in the neighborhood.
There are currently 12 homes on the market priced at an average of $475,216 or $132/square foot. The average price of the homes that sold in the first 3 months of 2008 was $516,230 or $133/square foot.
Brentwood TN Real Estate has been very lucky compared to many parts of the country. The prices are down between 1 and 4%, depending on the neighborhood. When you take into consideration the amenities in a neighborhood like this, the slight decrease is not devestating and the quality of life has not changed at all.
For more information on Nashville Real Estate contact Connie Harvey at email@example.com or 615-661-7800 x 1300