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Nashville TN Real Estate - Villages of Brentwood 2009 Year End Market Report

Nashville TN Real Estate - Villages of Brentwood 2009 Year End Market Report

Villages of Brentwood

The Villages of Brentwood saw one of the smallest decreases in Sales Prices in all of Nashville in 2009. Over all sales were up 13% for the year and 80% for the final quarter. With average sales prices in the $170's, this neighborhood witnessed  the benefit of the $8000 First Time Homebuyers Tax Credit more than many neighboring subdivisions.

The Villages of Brentwood continue to be popular due to the price and location of the neighborhood. Situated just north of Nippers Corner between Edmondson Pike and Nolensville Road, one can reach either I-24 or I-65 in 5 minutes or less. Just minutes then to Downtown Nashville, Cool Springs and Brentwood getting to work is never a problem.

 

Year Number of Homes Sold Average List Price Average Sales Price Difference
2008 24 $178,329 $173,241 97%
2009 27 $175,649 $172,416 98%
Difference 13% -2% No Change 1%

Nashville TN Real Estate, like many cities, is very school driven. The Villages of Brentwood is zoned for the ever popular Granbery Elementary and John Overton High Schools.

There are currently 11 properties for sale and 4 already pending for the year. Normally we would say that there is a good bit of inventory, but for those seeking to benifit from the extended Tax Credit, now is the time to prepare your home for the market. The Tax Credit ends April 30th. Buyers must be under contract to purchase by then and to close by June 30th.

For Sellers who have owned their home for 5 years or more, there is also a $6000 Tax Encentive for you to purchase your next home. Dates remain the same.

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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.

 

Nashville TN Real Estate - 5448 Village Way in Villages of Brentwood - JUST SOLD

Nashville TN Real Estate - 5448 Village Way in Villages of Brentwood - JUST SOLD

5448 Village Way

Delightful 3 bedroom 2 1/5 bath traditional home with hardwood floors in the foyer, greatroom and dining room. The large eat - in kitchen came with all the appliances and enjoyed a beautiful view of the treed backyard. Because the lot slopes to the back, the deck was placed below to get the full feel of being alone in a park.5448 Village Way

5448 Village Way5448 Village Way

All the bedrooms are upstairs with a master suite that boasts double vanities, a linen closet and an over-sized walk-in shower. Spacious and affordable, it's no wonder this home is sold.

Villages of Brentwood is located just north of Old Hickory Blvd between Edmondson Pike and Nolensville Road in what is frequently called the Nipper's Corner area. Prices generally start in the mid $150,000s and go to the mid $200,000s with the bulk of them below the $200,000 price point. They range in size from about 1200 square feet to just over 2000 sqft. Most of them fall between 1300 and 1700 square feet. Built in the 1980s, they offer many different floor plans.

Nashville TN Real Estate is moving well in the price range of this neighborhood. If you are thinking of Buying a home let someone who truly understands the area help you. If you are thinking of Selling a Home in Nashville TN or in the Villages of Brentwood, hire the best.

For real estate help in Nashville TN, contact Connie Harvey.  We are Nashville TN residents and can help you meet your Real Estate goals. Call Connie at 888-798-7800 x 1300 or email her at HarveyC@Realtracs.com.

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Nashville TN Real Estate - Villages of Brentwood Fall 2009 Market Report

Villages of Brentwood

 

Nashville TN Real Estate - Villages of Brentwood Fall 2009 Market Report

The Villages of Brentwood have stayed strong in their sales this year. Closed sales are down 10% as of September 30th but of the 17 active listings 4 have financing or inspection contingencies and there are 2 pending. I predict that due to the pick up in First Time HomeBuyer sales starting in June that total sales will be up over 2008 in this neighborhood.

The Nashville TN Real Estate sales are down 30% over 2008 and prices down 11%. The Villages of Brentwood show none of those numbers and look like the place to be living.

2008 2009 Percent Change
Average list Price $181,200 $174,255 -4%
Average Sales Price $176,019 $171,481 -20%
Days on the Market 94 88 -7%

Located in the Nippers' Corner area in South Nashville, this has always been a comfortable first time home Buyers neighborhood. Though there are many homeowners who have been there over 20 years and many retirees, those starting the home buying process often look here. The neighborhood is zoned for Granbery Elementary, which is a popular forward thinking school. The location is a short distance to Brentwood and Downtown Nashville.

For real estate in Nashville,TN contact Connie Harvey. 

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Connie is a local agent with Prudential Woodmont Realty, serving home buyers and sellers in Nashville, TN, Brentwood TN, and Franklin TN. Let her help you find the very best fit for the money you want to spend.

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

Follow her Blog: Nashville Tennessee Living

 

 

Villages of Brentwood Sales of Homes in Nashville TN - Market trends for Spring 2009

 

Villages of Brentwood Sales of Homes in Nashville TN - Market trends for Spring 2009

Villages of Brentwood

Home sales are just barely down in the Villages of Brentwood this year. Prices have also remained very close to their levels of 2008. The bigger difference that you'll see is that the smaller and thus lower priced homes are the ones selling right now. What that means is where you see the AVERAGE sales price is down from $181,230 to $168,818 which looks like a lot. The actual price per square foot is actually up a Dollar!

Homes in Villages of Brentwood will qualify for the $8000 First time Home Buyers Tax Incentive. Read more about how to get the $8000 Tax Incentive at the link above.

Address BR Yr Blt Gar Sq Ft List Price SP/SF Sales Price Closed DOM
5501 VILLAGE WAY 3 1984   1,294 $129,900 $96.52 $124,900 4/16/2009 106
5113 ENGLISH VILLAGE  3 1989 1 1,215 $159,350 $130.86 $159,000 4/30/2009 25
5116 VILLAGE WAY 3 1987 2 1,312 $164,900 $124.24 $163,000 1/30/2009 59
5520 FAIRHAVEN DR 3 1988 2 1,626 $172,000 $106.24 $172,750 4/28/2009 205
5328 Village Way 5 1984 2 1,760 $174,900 $99.38 $174,900 5/18/2009 94
5420 HUNTERS RDG 3 1987 2 1,624 $179,900 $110.22 $179,000 6/19/2009 41
5105 ENGLISH VLG 3 1993 1 1,703 $194,900 $110.98 $189,000 3/9/2009 124
    AVERAGE
3.25 1989 1.7 1,543 $170,718 $109.41 $168,818   101

There are currently 2 homes pending to close by the end of June which will mean that there is just one less closed transaction compared to last year in the same time period.

Address BR Yr Blt Gar Sq Ft List Price SP/SF Sales Price Closed DOM
5316 HUNTERS RDG 3 1986 0 1,128 $149,900 $132.00 $148,900 3/14/2008 38
5204 CARDIFF DR 3 1985 2 1,321 $171,000 $126.42 $167,000 6/13/2008 54
5260 VILLAGE TRACE 3 1990 1 1,428 $179,900 $123.25 $176,000 2/25/2008 92
5304 VILLAGE WAY 3 1985 2 1,686 $181,500 $106.76 $180,000 6/5/2008 48
5325 HUNTERS RIDGE 3 1986 2 1,612 $185,000 $114.76 $185,000 6/30/2008 35
5012 ENGLISH VILLAGE  3 1986 2 1,852 $194,000 $99.35 $184,000 6/9/2008 62
5344 VILLAGE WAY 3 1991 2 1,694 $196,500 $112.16 $190,000 5/25/2008 136
5213 VILLAGE TRCE 3 1991 2 1,684 $199,900 $111.64 $188,000 4/29/2008 238
605 VILLAGE TRACE  3 1990 2 2,316 $199,900 $86.31 $199,900 5/9/2008 69
5224 VILLAGE TRACE 3 1991 0 2,006 $204,900 $96.46 $193,500 4/28/2008 219

    AVERAGE

3 1988 1.5 1,672 $186,250 $108.39

$181,230

99                

The Nashville Real Estate market has seen and over 30% decrease in the number of closed home sales this year and a decrease in price of just over 8%. Using these numbers, one can see that the value of this neighborhood done very well.

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Connie Harvey is 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.

                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   
                   

Homes in Nashville TN - 5448 Village Way in Villages of Brentwood

5448 Village Way in Villages of Brentwood - $172,5005448 Village Way Nashville TN

When Buying a home in Nashville TN, Villages of Brentwood is one of those hidden secrets. In the Granbery School district, these homes are perfect for those hoping to use the $8000 Tax Credit for first time homebuyers.

5448 Village Way Nashville TN

 

5448 Village Way Nashville TN

 

This home has new hardwood floors in the Foyer, Great room and Dining Room. The sellers have also replaced all of the carpeting in the house. That means you can move right in! The 3 bedrooms are all located upstairs. The master suite has double vanities and a separate wet area for the water closet and full sized walk-in shower.

 

 

 

 

 

The big eat-in kitchen looks out over the private fenced backyard.5448 Village Way Nashville TN

Located 1 mile from Nippers Corner, this neighborhood has very easy access to Downtown Nashville, Brentwood, Cool Springs and the Airport.

Connie Harvey with Prudential Woodmont Realty Group is the listing agent for this property. She can be reached at 615-661-7800 x 1300 or via email at HarveyC@realtracs.com

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Villages of Brentwood Sales of Homes in Nashville TN - First Quarter 2009 Market Report

Villages of Brentwood Sales of Homes in Nashville TN - First Quarter 2009 Market Report

Villages of Brentwood

 

The Villages of Brentwood are on tract to equal 2008 sales. There were 2 sales in the first quarter of 2008 and again in 2009. There is currently one pending. Because the prices typically range from the $120s to the $230s it's not possible to see a trend in where the prices are going this year. With only 2 sales the numbers could be anywhere.

There are 11 homes on the market. This is a great number for this neighborhood. Over half of the sales here are first time homebuyers. With the economic stimulus of an $8000 tax credit, you can see while we're expecting the sales in this neighborhood to be strong all year.

Nashville TN Homes 2009 First Quarter Market Report

 

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Contact Connie Harvey either by email harveyc@realtracs.com or phone 615-661-7800 x 1300

Follow my Blog Nashville Tennessee Real Living