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Brentwood TN Real Estate Chestnut Springs 2011 Market Report

Brentwood TN Real Estate

Chestnut Springs 2011 Market Report

Chestnut Springs

Nashville TN Real Estate is experiencing a rise in home sales. Brentwood is no different. All of the area is still experiencing different amounts of decreases in sales prices.

 

  2010 2011 Percent Change
# of Homes Sold 11 8 -27%
Average list Price $287,045 $296,662 3%
Average Sales Price $274,354 $287,310 5%
Days on the Market 68 113 66%

 

Chestnut Springs is seeing the opposite. The number of sales is dowChestnut Springsn but the prices have gone up. This is a great thing for Chestnut Springs.

There are only 3 homes for sale at this time. One of these has a Home Sale Contingency.(The Buyer must sell their own home before they can proceed to closing).

 

Chestnut Springs is located on the west side of Brentwood. It is one of the most affordable neighborhoods in Brentwood. The lots are small and the Homeowners Association fees cover the lawn care.

The west side of the neighborhood is connected to the Concord Road park where there is a playgroung, Shelter and walking trails.

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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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2 comments • Connie Harvey Realtor Nashville TN Real Estate • January 13 2012 04:06PM

Brentwood TN Real Estate Chenoweth - Fall 2011 Market Report

Brentwood TN Real Estate

Chenoweth Fall 2011 Market Report

Chenoweth Brentwood TN - Market Report

Chenoweth Sales have held steady in the Third Quarter of 2011 compared to those of 2010.

 

  2010 2011 Percent Change
# of Homes Sold 5 5 0%
Average list Price $561,860 $546,160 -3%
Average Sales Price $537,500 $520,955 -3%
Days on the Market 95 82 -14%


The Average Sales Prices show them down 3% but the actual Price per Square Foot increased 1.5% in the 3rd Quarter compared to the same time in 2010! The Price/Sqft was $122 in 2010 and increased to $123.77 in 2011!

Chenoweth has 5 properties for sale, one with an Inspection Contingency and one Pending Sale.

This leaves less than a 3 month supply of inventory!

If our market continues along this course, we may see real recovery here in Middle Tennessee in 2012!

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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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0 comments • Connie Harvey Realtor Nashville TN Real Estate • November 10 2011 03:24PM

Brentwood TN Real Estate Chestnut Springs - Fall 2011 Market Report

Brentwood TN Real Estate

Chestnut Springs Fall 2011 Market Report

Chestnut Springs

Chestnut Springs sales are down a bit in 2011 compared with sales in 2010. The numbers below show year-to-date.

 

  2010 2011 Percent Change
# of Homes Sold 9 5 -45%
Average list Price $289,844 $297,720 3%
Average Sales Price $276,766 $290,490 5%
Days on the Market 63 93 48%


The actual Third Quarter of 2011 only had a single closing compared to 4 closings in 2010.

Chestnut Springs currently has 6 properties for sale, 2 of which have financing contingencies. This is one of the most affordable neighborhoods in Brentwood which has an Average Sales Price of $582,000.

Buyers should be gobbling up these listings!

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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.


Search for Homes in Nashville TN

Search for Homes in Brentwood TN


0 comments • Connie Harvey Realtor Nashville TN Real Estate • November 10 2011 02:40PM

Brentwood TN Real Estate Raintree Forest - Fall 2011 Market Report

Brentwood TN Real Estate

Raintree Forest Fall  2011 Market Report

Raintree Forest

It's so nice to see the market stabilizing in some of these neighborhoods! The year to date sales are almost identical with 13 homes selling in 2010 and 14 in 2011. The quarter results are close enough!

  2010 2011 Percent Change
# of Homes Sold 4 5 25%
Average list Price $416,050 $445,940 7%
Average Sales Price $403,000 $431,700 7%
Days on the Market 128 91 -29%


The Raintree Forest sales prices appear to have increased 7% but the Raintree Forestreality is that the actual Price per Square foot went from $117.19/sqft to $117.85/sqft which is only a half of One Percent!

Still, the prices are moving in the right direction!


Raintree Forest currently has 4 Active homes on the market for sale and one Pending. With the current sales, this is only a 3 month supply of inventory, down considerably from this time last year.

If you're thinking of selling your home in Raintree Forest, now would be a good time to consider getting it on the market. Interest rates are at an all time low and people are still moving to the Nashville area from all parts of the country, especially California!

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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.


Search for Homes in Nashville TN

Search for Homes in Brentwood TN


3 comments • Connie Harvey Realtor Nashville TN Real Estate • November 09 2011 10:39AM