Nashville TN Real Estate
Villages of Brentwood 2011 Detailed Spring Market Report
Closed sales were down in Villages of Brentwood this spring. There were 3 homes pending at the end of the first quarter which would help put the numbers closer to the first quarter in 2010.
The actual numbers are:
Closed Sales First Quarter 2010: 5
Closed Sales First Quarter 2011: 1
Average List Price 2010: $161,029
Average Sales Price 2010: $157,320
Average Sales Price per Square Foot (spsf) 2010: $98.20
The one home that closed the first quarter of 2011 listed for $149,900 and sold for $144,100 or $115.28/sqft.
Larger homes typically sell for less/sqft than a smaller home. The homes that sold last year averaged over 1600 square feet. The home that sold in Spring of 2011 was only 1250 sqft.
The homes that were pending at the end of the month had asking prices that averaged $109.39/sqft. This would indicate that the prices have remained somewhat steady.
There are currently 7 propertys on the market for sale. This would be a healthy number considering the amount of turnover that usually occurs in this neighborhood.
Last spring the Tax Incentive was in place so sales for first time homebuyers would be expected to be higher than in 2011.
Villages of Brentwood is located in South Nashville, just off Old Hickory Boulevard in the Nippers Corner area. It located between Antioch and Brentwood, I-65 and I-24.
It is zoned for Granbery Elementary and Oliver Middle schools.
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 this market report, very upbeat in appearance. More than I can say for the actual sign. Sorry.
Connie Your report on the Villages of Brentwood is an excellent example of a hyper-local post - concise and informative. It is the work of a Nashville professional
Valerie - I had written myself a note to go take new photos of all the signs. New Note To Self! :)
Karen - Thank you. I've been trying to explain them a little better than just throwing the numbers out there.