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Nashville TN Real Estate - Villages of Brentwood 2011 Detailed Fall Market Report

Nashville TN Real Estate 

Villages of Brentwood 2011 Detailed Fall Market Report

Villages of Brentwood

This report covers the first 3 quarters of 2011 compared to the same time period of 2010. The numbers should not be alarming since there was no tax incentive this year.

 

  2010 2011 Percent Change
# of Homes Sold 26 12 -54%
Average list Price $165,042 $158,295 -4%
Average Sales Price $160,201 $153,865 -4%
Days on the Market 79 100 27%

Many people bought houses just because of the Tax Incentive. Some  were not sure if they were ready or not last year but took the plunge anyway. That drove the numbers up dramatically.

There are currently 10 homes on the market with an average asking price of $158,165. Two of these have home inspection contingencies. There is one pending.

October should have above average number of closings. The number of homes on the market show that inventory is stable if not leaning toward a sellers market.

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Connie Harveyis a local agent with Pilkerton Realtors, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals. She can be reached at 615-371-2474.


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