Nashville Tennessee Living

Brentwood TN Real Estate - Raintree Forest 2010 Second Quarter Market Report

Raintree Forest is one of the few subdivisions where the prices actually increased over the same period in 2009. 2009 started off slowly with their first closing not happening until May. 2010 wasn't a lot better with only 2 properties closing the first quarter and then 6 in the second.

The sales prices were down considerably in the first 6 months of 2009. One home, in particular, sold for $350,000. This is very low for this neighborhood. This particular home backed up to large electrical lines and many Buyers are not inclined to have this view from the back of their home. When we removed it from the market report,  it put the increase at 6% instead of what would have shown as an 8% increase over 2009.

Days on the market is down by half. That should be encouraging to the 12 homes that are currently for sale. Of the 12, 2 are under contract. The average asking price is $466,650 which is probably a little too high.

Raintree Forest is a very popular place to live. With it's swimming pools, walking trails and park areas, there is something for everyone. Most of the homes were semi-custom built in the late 80s and mid 90s. In 2000 a new builder came in and developed a new section with a more contemporary interior.

Raintree Forest 2009 Market Report

Brentwood TN Real Estate - Chestnut Springs 2010 First Quarter Market Report

Chestnut Springs has been consistent if nothing else. One closing first quarter in both 2009 and 2010. It's hard to say that prices are up or down unless it's the same house or floor plan. What we do see is that 4 of the 8 active listings have contract contingencies on them.

Chestnut Springs was built by Pulte starting in 2002. It was such a popular concept at the time that they had a lottery to see who could write the first contract. 50 homesites were chosen the first weekend. This was the first time Buyers could get into the Brentwood area at this lower price point in New Construction. The average sales price of a house in Brentwood was $675,832.

Brentwood TN Real Estate - Chenoweth 2010 First Quarter Market Report

Chenoweth, like many middle Tennessee neighborhoods started 2009 slowly with only one closing in the first quarter. They picked up during the spring, which is still the peak selling time and ended up closing a total of 6 units, the remaining 5 in the months of May, June and July.

2010 is already looking much better. Now, before you look at the numbers too much, know that the one closing in 2009 in the first quarter was a short sale. It was originally listed at $562,900. With a final sales price at $408,500 it doesn't seem right to analys the price changes from one year to the next.

Chenoweth is located down Concord Road in Brentwood. Being right before the light at Edmondson Pike makes it attractive to those that don't want to be further down Concord. It is easily 5 minutes to I-65 a little more to downtown Brentwood and Cool Springs.

There are currently 10 active properties, one of which has a contingency on it. The average asking price is $564,900 and the average days on the market are 29. Well below those that have already closed. This would indicate confidence in the market as people continue to put their homes on the market.

Brentwood TN Real Estate - Raintree Forest 2010 First Quarter Market Report

Real Estate in the Middle Tennessee area started off slow in 2009.  With that knowledge, it's not surprising that Raintree Forest had no closings the first quarter of 2009. The 9 closing that they did have all took place after May.

With over 500 properties, Raintree probably has one of the smallest turnovers of most Brentwood neighborhoods. People love the established trees, walking trails and amenities that it offers. 

There are currently 17 active listings on the market. 4 of them have contingencies, leaving 13 available. The average list price is somewhat agressive considering the prices of those sold this year.

Brentwood Home Sales were up 28% over the same time in 2009. List Prices were down 13% and Sales Prices down just 12%. There were 104 closings in the first quarter and there are currently 70 pending. This is up significantly over 2009. There are currently 530 active listings which comes to a 15 month supply of inventory.

Brentwood TN Chinese Worship Service is Official at Brentwood Baptist Church!

Brentwood Baptist Church's Chinese ministry has begun to meet on Sundays in the new Baskin Chapel. They are currently being led by Scott Harris, the missions minister. The sermon is being preached in English while Sun Lu interprets for him. They are currently seeking a Chinese minister for this new ministry.

"The Chinese word is very condensed. It can capture in one word in Chinese that is a paragraph or several sentences in English. When we say it in Chinese, it reveals to us a deeper meaning, so that's why it's important to worship in Chinese" said Suk-Lee Winsor, a founding member of the Chinese ministry as quoted in the Tennessean.

While the group of 80 have a weekly Bible study on Sunday mornings, their service is only taking place once a month. The other Sundays they attend the regular services at the Church. Their long term goal is to grow their membership and have weekly worship services.

They families children are all deeply emersed in the English culture but for obvious reasons want to make sure that they don't loose their connection to their Chinese culture.

This group started at Brentwood Baptist Church in 2004 with 4 families.

The Chinese ministry is one of many at Brentwood Baptist Church. There are very strong Hispanic and Deaf ministries. There is  a Deaf Church attached to the main Church on Concord Road.

To find out more about any of these please contact:

Chinese ministry email sukleewinsor@yahoo.com

Hispanic ministry email ramonmartin@bellsouth.net

Deaf ministry call 615-324-6100

Connie Harveyis a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals.

Connie can be reached at 615-661-7800 x 1300 or at HarveyC@realtracs.

Follow her Blog: Nashville Tennessee Living

Brentwood TN Real Estate - Chestnut Springs 2009 Market Report

Chestnut Springs is still the most affordable neighborhood in Brentwood. Because the association fee pays for the lawn care, the neighborhood consistantly look neat and inviting. The sales in this neighborhood don't chang much from year to year. The buyers are sometimes First time Homebuyers and others move up from south Davidson County.

Prices show a decrease of 5% from 2008 to 2009. Looking closer, we can eliminate the forclosure property and that puts the decrease at only 4%. Not bad for a neighborhood when sales are down up to 10% in the surrounding areas.

There are currently 3 homes on the market which is very much in balance with our current market compared to Brentwood overall which has a 10.5 month supply of inventory.

Brentwood TN Real Estate doesn't always follow the Real Estate Trends in Middle Tennessee. Here, the average asking price of properties sold in 2009 was up 1% where the sales prices are down 3%. Of the 425 properties currently on the market, the average asking price is up 26% over the those of last year.

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Connie Harveyis a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals.

Connie can be reached at 615-661-7800 x 1300 or at HarveyC@realtracs.

Follow her Blog: Nashville Tennessee Living

Brentwood TN Real Estate Trends for 2009 - Chenoweth Neighborhood Market Report

Where Chenoweth prices have held mostly steady the last 2 years, sales have not. Homes sold between $408,500, or $125 a square foot, and $715,000, or $161/sqft. The one consistent factor in all of the home sales is that Buyers no longer want to come in and update the homes they purchase.

Brentwood TN Real Estate market reflected similar outcomes in pricing but the number of units sold did not decrease as much.

For whatever reason, the sales in Chenoweth were down 30% in 2009 over 2008. The BIG NEWS on this is that all 6 sales in 2009 occurred in the first half of the year. Yes, spring is usually the busier time for home sales, but there were NO closings after July and there are currently no pendings. The average asking prices are up and there 7 homes on the market giving them a 14 month supply of inventory.

The Brentwood TN Real Estate market has only a 10 month supply of homes.

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Connie Harveyis a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you realize your Real Estate goals.

Connie can be reached at 615-661-7800 x 1300 or at HarveyC@realtracs.

Follow her Blog: Nashville Tennessee Living

Brentwood TN Kickstarts your 2010 Resolutions with a Free Fitness Class!

On January 25, 2010 the Williamson County Indoor Sports Complex will offer a fee fitness class from 9:30 to 10:30. The ISC has started "A New You for a New Year" program to help you meet your 2010 fitness goals.

This is a sample class to show you some of the fitness opportunities available to you at the Brentwood location of the Williamson County Parks and Recreation. Just off of Concord Road on Heritage Lane, this facility is state of the art with indoor swimming - both open and lap swimming - indoor tennis and a wonderful wellness center with trainers available to help you.

Though the January 25th class is free, Williamson County residents can purchase, at a reduced price in January, a 30 day Visit pass for only $30. This is visits, not a monthly fee. You use it once a week, twice, whatever suits your fitness program. When you've been 30 times, it's done.

Annual passes are just $225 for a family and can be used at the facilities in Brentwood, Franklin, Fairview and the latest addition in Spring Hill.

For information on other programs, and there are many for all ages, visit thier website www.wcparksandrec.com. To register for the FREE fitness class, call the ISC at 615-370-3471.

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Connie Harveyis a full time Realtor with Prudential Woodmont Realty Group in Brentwood TN. She services both Buyers and Sellers with their Real Estate need in Nashville TN, Franklin TN, Brentwood TN and surrounding areas.

She can be reached at                615-661-7800         615-661-7800 x 1300 or HarveyC@realtracs.com.

Follow her Blog, Nashville Tennessee Living.

Brentwood TN Real Estate - Raintree Forest 2009 Market Report

Sales in Raintree Forest decreased by almost 50% in 2009 over 2008 sales. Though it is a very popular neighborhood, most of the homes were built in the late 80's and early 90's. If they haven't been updated, they fall into that area where Buyers just don't want to do anything, if they don't have to.

Brentwood TN Real Estate, like everywhere shows sales down about 10%.

The average asking price increased from $677,957 in 2008 to $682,308.

The average sales price dropped from $653,513 to $634,240 just 3% from '08 to '09.

There are currently 45 homes pending with an average Asking Price of $688,723, similar to 2009 asking prices. There are currently 425 homes on the market - a 10 1/2 month supply - with an average asking price of $828,728.

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Connie Harveyis a full time Realtor with Prudential Woodmont Realty Group in Brentwood TN. She services both Buyers and Sellers with their Real Estate need in Nashville TN, Franklin TN, Brentwood TN and surrounding areas.

She can be reached at                615-661-7800         615-661-7800 x 1300 or HarveyC@realtracs.com.

Follow her Blog, Nashville Tennessee Living.

Lighting up Brentwood TN this Saturday!

The Annual Lighting up Brentwood TN happens again this Saturday! Hundreds of homeowners will light luminaries along the streets in front of their homes. Decorating your home with Christmas decorations has become an outdoor sport in this popular suburb of Nashville TN. Often block after block of homes compete for the most elaborate display. You can be sure that Saturday night those with Christmas light decorations will have them on.

Cars will drive up and down the streets of Brentwood's finest neighborhoods just to see the fabulous light displays. From east Concord Road to the homes in neighborhoods along Franklin Road dazzling lights will be everywhere.

For almost 20 years this tradition of Lighting up Brentwood on the 2^nd Saturday in December has delighted local families and their visitors.

We will have friends come down from Hermitage to ride with us as we ooh and aah over the different decorations. Make this a Holiday Tradition and join us in Brentwood tomorrow night. You won't be disappointed!

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Connie Harveyis a full time Realtor with Prudential Woodmont Realty Group in Brentwood TN. She services both Buyers and Sellers with their Real Estate need in Nashville TN, Franklin TN, Brentwood TN and surrounding areas.

She can be reached at  615-661-7800 x 1300 or HarveyC@realtracs.com.

Follow her Blog, Nashville Tennessee Living.