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.
| 2009 | 2010 | Percent Change | Active Listings | |
| Number of Sales | 1 | 1 | 0% | 8 |
| List Price | 317,900 | $315,000 | -1% | $311,300 |
| Sales Price | 310,000 | $287,500 | -7% | |
| Days on Market | 64 | 81 | 21% | 70 |
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.
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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sounds like a tremendous time to buy a home in Brentwood Connie! Does Pulte (now Centex too) have a big presence in your area?
Pam - Yes they are very big. They bought one of the local builders several years ago and have really made a presence here. This community was unique because they didn't have to have 1 acre lots like most of Brentwood. They have an association fee that cuts all the yards!
Very important and useful information about real estate activity in your area. I hope your state is drying out, and soon on the road to recovery after the unusual storms and flooding that hit a few days back!
Myrl - Thank you. So many people lost so much. It's almost hard to imagine still.
Connie I love market reports that give info on the subdivision as well as the statistics - now is the time to buy in Chestnut Springs. Very well done Karen
Karen - it reallly is a great little neighborhood!
Good work keeping the Chestnut Springs Area up to speed on the market stats Connie!
Bill - it's a great neighborhood. I wish I lived there! :)