Nashville TN Real Estate - Villages of Brentwood 2009 Year End Market Report
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.
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
Thanks for sharing the market update for The Villages of Brentwood, in Nashville Tennessee, the market is moving in the right direction.
Good luck and success.
Lou Ludwig
Connie thanks for the information on Villages of Brentwood. Sounds like it's a pretty popular area. You are so right to encourage your clients to take advantage of the tax credit extension and expansion. It won't last!
Lou - I always appreciate your dropping by!
Pamela - In this price range, if they're thinking about moving now is the time to get the house ready!
Definitely 2009 has been better than 2008 and . . 2010 should be much better. .Great Market Report!
Fernando - I'm really counting on it!