Brentwood TN Real Estate - Chenoweth 2010 Second Quarter Market Report
The breakdown of the Chenoweth numbers was a little unusual this period. Sales were up considerably and it appears on the surface that prices were also up a good bit. After looking much closer to the details, one sees that the homes that sold in 2010 were much larger than those that sold in 2009 in the same time period.
| # Sold | List Price | Sales Price | Days on Market | |
| 2009 | 5 | $499,940 | $485,700 | 66 |
| 2010 | 8 | $$542287 | $518,362 | 87 |
| % Change | 60% | 8% | 7% |
31% |
The 5 homes that sold in the first half of 2009 averaged 3521 square feet. Those in that sold in the same period of 2010 averaged 4075 sqft. The actual Price/Square foot also looks to be down but larger homes naturally sell for less per square foot.
Chenoweth, in general one would probably say that the neighborhood mostly maintained its value. Not bad news for our current market.
Real Estate in Brentwood TN saw an increase in sales of close to 32% but the average sales price was down just over 13%. Once again, one must look at all of the numbers. In 2009 a property sold for $5 million with over 19,000 square feet. It has to throw off the numbers.
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, Chenoweth subdivision has some very large homes. And they look lovely! Great market report for Brentwood Real Estate. Sellers and buyers in your area are going to love this info!
Pam - Chenoweth in Brentwood is a very nice neighborhood. It has a neighborhood pool and great walking trails!