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.
| Year | Number of Homes Sold | Average List Price | Average Sales Price | Difference |
| 2008 | 17 | $507,858 | $492,150 | 97% |
| 2009 | 9 | $431,733 | $408,333 | 95% |
| Difference | -47% | -15% | -17% | -2% |
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.
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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