Brentwood TN Real Estate - Chestnut Springs 2009 Fall Market Report
Chestnut Springs, located on the western side of Brentwood is one of the most affordable neighborhoods in Brentwood. Because of this, sales are generally consistant and the sales for 2009 are very much that compared to 2008. Last year, 2008, 7 homes sold in the first 3 quarters and this year, 2009, 6 sold.
At the time of this report there were 7 properties listed for sale with an average of 70 days on the market.
Looking at actual sales from 2008 to 2009 one finds the following comparisons:
| 2008 | 2009 | Percent Change | |
| Average list Price | $323,728 | $306,716 | -5% |
| Average Sales Price | $309,571 | $297,083 | -4% |
| Days on the Market | 71 | 175 | +246 |
Brentwood TN Real Estate in general shows asking prices down only 1.2%. The sales prices, however, are down 5%. This shows that though prices are down, Sellers continue to ask for last years pricing. The total number of Single Family homes sold is down 18% to 365 from 445 in 2008. There are currently 514 properties on the market.
This report is offered by Connie Harvey, Realtor with Prudential Woodmont Realty Group in Brentwood TN. Connie serves Buyers and Sellers of homes in Brentwood Tennessee. She can be reached at 615-661-7800 x 1300 or via email at HarveyC@Realtracs.com.
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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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Connie - I like how the report is very simple to understand. Great presentation. Best wishes for much success.
Kari - thank you. One hopes to give good, helpful information to consumers. :)