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Brentwood TN Real Estate Raintree Forest 2011 Market Report

Brentwood TN Real Estate

Raintree Forest 2011 Market Report Raintree Forest

Raintree Forest sales were very consistent in 2011 compared to those of 2012. Prices were down, but no more than that of the area.

 

  2010 2011 Percent Change
# of Homes Sold 16 16 0%
Average list Price $431,390 $414,571 -4%
Average Sales Price $416,540 $403,553 -3%
Days on the Market 76 102 34%

 Raintree Forest

There was one Short Sale that pulled the average sales price down a little. Overall, the sales stayed strong in Raintree Forest.

There is one house pending and there are 5 homes listed as Active. Of the 5, 2 of the active listings have Financing Contingencies on them.

Raintree Forrest is a popular neighborhood for those relocating to Middle Tennessee. It has wonderful walk/bike trails throughout and a lovely Pool Playground complex. It's almost walking distance to the popular Ravenwood High and Kenrose Elementary Schools.

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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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Brentwood TN Real Estate August 2011 Market Report

Brentwood TN Real Estate August 2011 Market Report Brentwood TN Market Report


Brentwood TN has seen a 12% increase in home sales this August, compared to August of 2010. There were 59 closings in August 2011 vs 52 closings in 2010.


The Median Sales price increased from $505,250 to $511,000, right at 1% These numbers may not be remarkable, but they're headed in the right direction.


There are currently 433 homes for sale, which is just over a 7 month supply of inventory. A 6 month supply of homes is considered stable and anything less is considered a Buyer's market.

The median asking price of the Active properties is $659,900. These sellers may be a bit over confident in our current market. There are 78 Pending sales with a median asking price of $598,425.

Subscribe 

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.


Search for Homes in Nashville TN

Search for Homes in Brentwood TN